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Student pads and pods for investors

Ideal student pad
Ideal student pad

The accommodation could appeal to private buyers or commercial investors. Choose from a range of en-suite pods or studios.

New single-person pod-style student accommodation with en-suite and use of a friendly communal kitchen and living area is priced at £59,995 at this managed accommodation in Canterbury.

Also available are studios with en-suite and a kitchenette for £74,995.

Or investors might consider a third option; a cluster of single pods, including communal facilities, ranging from £239,980 to £419,965.

The new properties, at Marlowe House and Chaucer Court, in the purpose-built Canterbury Student Village will be managed by established student accommodation provider Urban Student Life (USL).

A typical interior design
A typical interior design

Accommodation is impressively kitted out with work station, chair, light fittings, double bed, carpets, blinds and appliances.

Ward & Partners said £5,000 reservation fee and stage payments would be required ahead of anticipated completions during 2014/2015. There would be a 250-year lease, and a net rental yield of 9%, guaranteed for five years by USL, the agent added.

The properties would be fully and comprehensively managed by USL, with student tenants.

The units are close to a large supermarket and within walking distance of all the university campuses, railway stations and bus services.

Marlowe House and Chaucer Court, Canterbury
Price: From £59,995

For information ring Ward & Partners on 01227 766669.

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