After researching the Student Accommodation market we are proud to announce our partnership with Key Homes Fund to bring our clients Crown Place, Student Accommodation, Leicester.

Located just 0.7 miles from De Montfort and 1.3 miles from Leicester Universities the development will play a key role in addressing acute shortages in student accommodation therefore you will receive 8% rental income for 5 years GUARANTEED.

A choice of single, double or cluster units from £47,500 and you can take advantage of 70% non-status finance on completion in 2011, GUARANTEED.

“Fresher students put up in hotels as no rooms left on campus”

Mail Online, 29^th September 2009

 “Student housing can no longer be regarded as an emerging asset class”

Student Housing Report, Summer 2007

 “Students put in Motorway services”

BBC News Channel, 29^th September 2009

 “Rental growth in the student accommodation sector remains robust, recording growth of 5% per annum over the last 6 years compared to 0.6% for commercial property.  Substantially higher growth was achieved in key university towns over the last academic year.”

2010 Student Property Report, Knight Frank Research

2.4 million UK students, forecast to surpass 3.0 million by 2014

The sector has increased by 31% over the decade and 67% in the demand for high quality accommodation for foreign students

Consistent 100% occupancy, demand greatly exceeds supply

Student accommodation prices have little correlation to economic cycles

Universities are seeking to transfer responsibility for ageing stock to the private sector

Crown Place House is an attractive period building in Leicester which is to be converted to student accommodation comprising of studio flats, twin flats and cluster flats

Luxury amenities of swimming pool and a gymnasium will be amongst the best offered to students from halls within Leicester

Leicester is an established University city with two recognised Higher Education Institutes

There is a significant shortage of student accommodation in Leicester.

De Montfort University (DMU) has recently consolidated its campuses into Leicester and has invested substantial resources into its campuses in Leicester city centre where the there is a significant demand for accommodation.

The property is within walking distance of the De Montfort University campus and the town centre

Completion date – Mid 2011 for the student intake in September.

The Developer of Crown Place is MIA Developments, part of the Key Homes Fund, an award-winning, ambitious and progressive, design-led property development company specialising in contemporary developments on Brownfield sites.  They are committed to the regeneration of the urban environment by creating high quality, innovative, sustainable developments in using advanced construction methods and materials.

Ducalian Property are marketing the development is an independent property investment advisor and asset manage

En-suite units in a cluster - £47,500

Studios - £70,000

Twin room - £80,000

50 of 199 units already sold

8% Gross Rental Guarantee for 5 years

Hassle free rental management agreement

Non-status finance guaranteed at completion

Option 1

30% deposit (payable in 10% instalments every 3 months)

70% non-status finance at completion

5 years rental at 8% gross (7% nett) guaranteed

Option 2

30% deposit (payable in 10% instalments every 3 months)

35% payable / non status finance at completion

35% nett rental guarantee paid to you at completion

No rental for 5 years