Cardiff Student Village is an exceptional opportunity to invest in an off-plan student accommodation development in one of the UK’s most active student cities.
Located near to both Cardiff University and Cardiff Metropolitan University, this development comprised of 6 individual blocks and 249 apartments offers purchasers a NET rental return of 10% (excluding ground rent) with a 5 year rental assurance and 7% interest on deposit.
Studio, Corner and Accessible apartments will offer residents of Cardiff Student Village modern student living in the Welsh capital. Students residing at Cardiff Student Village will be able to take advantage of the many sporting and cultural events that take place within the vibrant city centre, whilst studying at some of the UK’s leading universities for research and graduate employment.
The developer of Cardiff Student Village is Mederco; incorporated in 2011 specifically for developing high quality student accommodation.The company sits alongside Rainbow Homes Ltd., which develops residential housing in the North and North West England and has become one of the leading and fastest growing house builders in the area.
The UK has one of the largest and most prestigious university and higher education systems in the world. With more than 2.2 million students studying in the UK, there is a large demand for student accommodation. According to Knight Frank, there is a ‘structural undersupply of student accommodation within the UK’.Overseas students are a major driver for PBSA, with the size of this group expected to rise by 15-20% in the UK over the next 5 years.
- Limited Pricing Discounts Available for Phase 1
- Corner Studio Apartments for £62500
- Studio Apartments for £59995
- Completion Scheduled Q4 2017
- 5 Year Rental Assurance
- 7% Interest on Deposit
- Accessible Studio Apartments for £64995
- 10% NET Rental Return (excluding ground rent)