Hi,
I just wondered whether anyone had any experience/opinion on how good an investment they think this is:
(I can't post a link - go to google and put in "property frontiers Streatlam House" and the right page with the property will come up)
An old listed building being converted into student rooms, yielding 10% net per year which is obviously the attraction. Of the 3 types of student accommodation, (regular, luxury, and high-end) they are apparently going to be in the 'luxury' bracket - computer room, a gym, wide screen TVs in the rooms.
My concerns though are things like this, but not sure how relevant it is to the one I'm looking at:
I know the negative side to this type of investment is the lack of capital gains you may get with other properties as price is essentially linked to the yield.
They had a similar sale of properties in Liverpool a few months ago and these sold out in 3 days, and these are nearly gone so the demand must be there.
I've checked the location, and its in an area/street already popular with students.
Thanks
I just wondered whether anyone had any experience/opinion on how good an investment they think this is:
(I can't post a link - go to google and put in "property frontiers Streatlam House" and the right page with the property will come up)
An old listed building being converted into student rooms, yielding 10% net per year which is obviously the attraction. Of the 3 types of student accommodation, (regular, luxury, and high-end) they are apparently going to be in the 'luxury' bracket - computer room, a gym, wide screen TVs in the rooms.
My concerns though are things like this, but not sure how relevant it is to the one I'm looking at:
I know the negative side to this type of investment is the lack of capital gains you may get with other properties as price is essentially linked to the yield.
They had a similar sale of properties in Liverpool a few months ago and these sold out in 3 days, and these are nearly gone so the demand must be there.
I've checked the location, and its in an area/street already popular with students.
Thanks
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