According to a recent research report by Savills, the supply of student accommodation is not keeping pace with the rise in student numbers, and availability of suitable accommodation is becoming a key factor for students in their choice of university.

While in the past, the buy-to-let market has concentrated on individual properties for open market rental, there is a huge opportunity to provide top quality, purpose-built student accommodation.

The company behind Mezzino, Bournston Developments Ltd, offers city centre property investments with a secure income stream in place from day one. Apartments are pre-let and fully managed, so all maintenance, furnishing and tenant issues are dealt with for you. All you need to do is sit back and enjoy a return of around 7% to 8% gross.

• Investments generally from around £90,000 to £350,000
• Hands-free income stream pre-let and fully managed by on-site team
• Risk reduction through shared voids safety net
• Furnishings renewed through the service charge budget

About Bournston

As a property development company with a keen eye for what the customer wants, we appreciate that you need to know your investment is in good hands. We know the amount you invest is important, and as such we offer investment parcels from £90,000 to £350,000 to suit your budget. We also know your time is precious, which is why our apartments are pre-let and fully managed for you by our on-site teams.

And student property isn't all we specialise in. We know the secret to making sure your assets are secure lies in investment diversification. By offering investment opportunities across three sectors: residential, commercial and student accommodation, Bournston gives investors the flexibility they need to stay one step ahead.

About Mezzino

We believe we have something special to offer students, parents, investors and universities, and we created the distinct Mezzino brand to give our student accommodation the exclusive and prominent presence it deserves within the market. Whether you're looking for quality accommodation; a safe, secure investment opportunity; or both, the end benefit is the same - you can rely on us, because we've considered and taken care of every little detail.

Property investment

How much can I invest?

Depending on the scheme, investment parcels range from studios at around £90,000 to six-bedroom apartments at £350,000, with a wide range of options in between.

Who is the investment scheme aimed at?

Investors can be motivated by different criteria. As well as the classic investor looking to diversify their portfolio; parents may be looking to secure a safe home for their son or daughter while they're away at university, with the added advantage of an extra income that could possibly support their pension plans. The scheme could also be of interest to overseas investors, who want convenient hands-free exposure to the growing UK student sector.

What does the service charge cover?

The service charge budget covers the following:

• All buildings management: insurance, sinking fund, maintenance, communal renewals, staffing, agents' fees, cleaning etc
• Apartment renewals: all fixtures and fittings throughout the apartment including furniture, carpets and curtains
• All lettings management: marketing to students, maintaining links with the university, allocating rooms, collecting rents, chasing bad debts, forwarding rents to investors etc
• Void safety-net: any voids or irretrievable bad debt throughout the scheme is shared by all the investors through the service charge budget, reducing individual risk exposure

How are rents collected?

Rents are collected from students termly (in October, January and April) by direct debit and paid directly to the investor in the following percentages of gross annual income: 40%, 40% and 20%

What to do next...

Apply for a brochure or call Senga Hill at Bournston to discuss your requirements.

Tel:

0115 952 1021

Email:

info@bournston.co.uk

Web:

www.bournston.co.uk