Fully operational Student Property
The Chapel, an elegantly converted 19th century church, is the only private student accommodation available locally, with other students having to pay a premium for holiday lets. Only 20% of students have access to purpose built accommodation and a large number have to commute two hours from Lancaster.
The property has been operating for over 10 years and has experienced 100% tenancy during this time. Sitting just 320m from the University of Cumbria’s Ambleside campus and a short walk from local amenities and services, it boasts an prime student location.
Immediate fixed NET income
The Chapel provides a rare opportunity to purchase a student unit in a fully operational development with 10 years of proven demand.
Buyers purchase full apartments and receive immediate 8% NET income, with yields increasing to 9% in year 3 and 10% in years 5 to 10 of the fixed income period. There are zero costs during this time, and professional management ensures that you will receive an effortless income.
This is the 15th property in our successful partnership with the UK’s only NHBC-certified student developer. Together we have sold over 2,000 properties to clients from around the world, with all property investors receiving their high NET yields as expected.
Key buyer benefits
- Immediate NET yields: 8% (years 1-2), 9% (years 3-4), 10% (years 5-10)
- Professionally managed: effortless income
- High demand: 80% local undersupply of student accommodation
- Award winning developer
- Proven demand since 2006