With a pool of nearly 40,000 students, Leicester has established itself as a key university city. It is served by both The University of Leicester and De Montfort University. Being only 15 minutes walk from the De Montfort campus, near to the city centre the development offers excellent access to the surrounding areas. Students flock to Leicester from all over the UK and the world due to the excellent reputation of both institutions, driving an already dynamic market and placing extra demand on it. So much so that there was a shortage of 100 student apartments at De Montfort last year.

Why invest into student accommodation?

Demand for Student halls is at an all time high due to the scarce availability of student accommodation to individual investors due to University pre-purchasing, increasing student numbers, and landlords who retain such properties because of healthy profits. Letting prices are currently growing at 5% per annum according to both the recent Frank Knight report and data recently released by accommodationforstudents.com, with both reports showing even greater price growth in principal university cities. In addition bad debt is low due to the fact most students pay rent in advance.

Why invest into Fiveways House?

Occupancy for private student housing runs at nearly 100%, and uptake from overseas, mature and affluent students is particularly strong in this sector. Fiveways House is shaped to the requirements of these types of students, boasting excellent facilities which include a pool, courtyard and gym. In addition each apartment is a self-contained living area, which differs greatly from the more communal types of student accommodation developed during the last decade. We anticipate a high uptake from key workers in the medical sector drawn to Leicester's Universities unique affiliations with local hospitals.

Our management partners:

As part of the CRM group of companies, CRM Students is the United Kingdom's foremost manager of student accommodation, managing thousands of rooms and apartments. With over 6 years in accommodation management, they now operate a plethora of superb-quality, constructed to spec developments spanning the whole country. NB: You can undertake your own rental agreement use for your own children if they choose to study in Leicester.

Investment process:

Fiveways House gives savvy investors the chance to invest in apartments valued up to 25% lower than current independent RICS assessments. Clients can invest from 23,000 pounds to take advantage of a minimum net yearly revenue of 7% (Uncapped before finance costs) and 65% non-status finance is obtainable. Investment process is as follows:

Initial:

• 2000 pounds reservation fee.
• 1000 pounds for appointing of lawyer.

In one month's time:

• 35% deposit
• Exchange contracts

Before August 2012:

• Legal Completion.
• Pay balance - 2000 pounds reservation cost.

Close of September 2012:

• Begin renting property.
• Rental income begins.

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