Cormorant House is part of a multi-phase, purpose-built student accommodation project in Huddersfield. It follows the success of phase one; Kingfisher Court.
The structure will consist of nine stories providing 168 fully furnished studio units complete with an en-suite shower room and kitchenette. The student property will also feature communal facilities including a media room, gymnasium, IT Suite, laundry area, games room, study areas and a cinema suite.
Huddersfield struggles to provide accommodation for their 48,000 students from over 130 different countries. Cormorant House and Kingfisher Court are within walking distance to the University and also Kirklees college so nicely fills the high demand in the area for student accommodation.
The Cormorant house is assured to finish construction by January 2018 and while investors wait for their property to be built, 5% interest will be paid on deposited funds to reward investors for getting involved early.
Once the property has been built, the specialist student housing manager will take over so that investors will begin to enjoy 9% (Nett of fees) rental yields which have been guaranteed for the first five years. Rental yields will be paid quarterly and can be sent anywhere in the world.
Kingfisher Court sold out within 6 months and it’s highly anticipated that phase two, Cormorant House will sell even faster than phase one
- Fantastic 9% NET rental income assured for 5 years
- Incredibly close to Award Winning University
- 250 Year Leasehold
- self-contained studio apartments
- Part of a successful redevelopment scheme
- Located within stunning Waterfront Regeneration
- 6 Year build warranty
- Prices from £57995
- Cinema room
- games room
- IT suite
- Fully managed on your behalf
- 5% Interest paid on deposited funds