Investment project in Stoke-on-Trent, United Kingdom, 18 sq.m

18 sq.m 8.5% per year

Remote Transaction

Property ID on Prian.info: 3406761
Last update: 12.01.2024
Number of views: 4112

Sale price	80 000 €
Price per square meter	4 573 €
Floor area	18 sq.m
Construction phase	Off-plan
Facility completion deadline	2023

Address

United Kingdom, Stoke-on-Trent

Profitability
Annual return	8.5 %
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Possible payment by installments

Luxury complex with 174 rooms in the center of Stoke-on-Trent, the minimum room size is 18 sq. m, there is a gym, cinema, lounge, library
There are 3 universities in two towns – Staffordshire University, Keele University and Royal Stoke University Hospital. In total, 26 thousand people study at them, while there are only 4,000 places on the campus
The closest to the hostel is Staffordshire University in 9 minutes by bike or 25 minutes on foot
The deadline is September 2023
Price £75,000 per studio room
The deadline is September 2023
Fixed yield of 8.5% for 3 years, then about 8% per annum on hand
The deadline is September 2023
Installments – 50% at the signing of the contract, 25% in June 2022, 25% at the delivery of the project in September 2023
The developer pays 4% per annum for the use of funds (2 installment payments) in the form of a discount on the last payment - it turns out about £2800