Poulson House, Stoke-on-Trent, From £59,950 | 7% Net for 12 Months | Completed
Poulson House, located in Stoke-on-Trent, in the West Midlands, is completed and tenanted student accommodation. Owned and operated by Staffordshire University Students’ Union GreenPad – it boasts to be the only GreenPad approved PBSA in the city.
Operating successfully for the last three years, it offers the cities 15,000 students a collection of 122 self-contained studio apartments, a range of sought-after facilities and a short walk to the university campus.
Investors will benefit from immediate returns of this established PBSA, starting from 7% p.a. net assured yield on a £59,950 studio.
Location
Home to over 15,000 students, Staffordshire University is a world class higher education institution that is currently ranked 37th in the 2020 Guardian University League Table.
The university has heavily invested in its future appeal with a £1.3m facility-packed Smart Zone and the £40 million Catalyst building which is due to open in 2021. The new building will house learning areas, business collaboration zones and networking spaces.
Stoke-on-Trent is a historical UK city. It is one of the best locations for employment growth across the UK, making it an ideal location for students looking to enter the workforce after graduation.
Property Highlights
- Studios from only £59,950
- Large studios from £69,950
- Assured rental return for 12 months
- 7% p.a. net assured on a studio
- 7.5% p.a. net assured on a large studio
- Completed and operational for 3 years
- 250 years leasehold
- Payment plan 25% / 75%
- Reception/ onsite management
- Common room & garden
- Gymnasium and laundry room
