An investment of £59,950 gets you a fully furnished en-suite studio within walking distance of both university campuses in the city, assured net rental income of 8 per cent a year for three years, and a hands-off investment. Hopwood House is selling units in Phoenix Place, Liverpool, from £49,950.Investors can earn 5 per cent interest on their deposits, and then an assured 9 per cent net yield per annum for five years once the properties are completed in the autumn of next year.There is also the risk the finished article looks nothing like the brochure pictures.Investors worried about demand for student pods might be assured by the rental guarantees offered by developers.Student accommodation has become barely recognisable to anyone who graduated more than a decade ago.
Blocks usually boast gyms, cafes, high speed wi-fi and communal areas.With so many schemes available, supply will always outstrip demand so that is unlikely.’Many student units are sold ‘off-plan’, which means they carry the same risks as other uncompleted homes.If the developer runs into financial difficulties the properties might never be completed or, if completion is delayed, be worth less than predicted.She was President of the Agriculture Cooperative Bank in 1996 and again appointed in 1997 as Deputy Governor of the National Bank of Liberia.In recognition of this leadership the Academic Council of the University awards the above named the degree of Doctor of the University in Leadership Dr Mohamed Yahya Sillah has been awarded a Doctor of the University for his Contribution to the development of Political Journalism.
But do not worry if you missed the chance to live this particular student dream – complete with a cleaner, games room and gym. Property analyst Knight Frank estimates the UK market for these purpose-built living quarters is worth £46 billion – and says it is expanding rapidly.