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For Sale - Erskine Street, Liverpool, L6 - From £62,950

Property photo 1, Erskine Street, Liverpool, L6

AURA | STUDENT ACCOMMODATION FROM £62,950

Aura is a brand new, UK purpose-built student accommodation investment. Fully managed by a specialist management company, Aura provides investors with an opportunity to generate an income from the UK's student property market.

o 8.5% annual NET income for 5 years

o Delivers a long-term and robust income stream

o Fully managed

o Established management company manages your property on your behalf

o Rooms delivered fully furnished

o Proven location for student property investment

o Completion September 2018

o £250 ground rent p.a. for ensuites

o £350 ground rent p.a. for Studios

LOCATION

Aura is few minutes' walk from the University of Liverpool. The Royal University Hospital, Liverpool John Moores University, Liverpool Hope's Creative Campus and LIPA are also in close proximity.

o Proven location for rental returns

o 57,000 students

o 5 well-established universities

o Sought-after Knowledge Quarter location

o Investment in Liverpool's Knowledge Quarter has reached £1 billion

o There is a current shortfall of 21,900 managed bed spaces within the Liverpool postal district's higher education market. Even with a pipeline of 6,892 new beds, there would remain a shortfall of 15,008 rooms in the Liverpool student area
(Liverpool Mayoral Student Accommodation Review, September 2015)

o Liverpool's knowledge economy will expand by 15% by 2020

PAYMENT PLAN

En-suite and studio apartments within Aura will be sold on a leasehold basis for a period of 250-years.

o Pay £5,000 to reserve a property

o Pay 50% less the Reservation Fee on Exchange of Contracts (28 days after Reservation)

o Pay 50% upon Completion

ADDITIONAL LEGAL FEES

A team of commercial solicitors, experienced in the UK's student buy-to-let market,have been appointed to act on the behalf of investors.

Legal fees are estimated to be between £860- £1,100 fully inclusive of VAT, searches and disbursement costs.



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