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London Spring Place, Phase 1 – SEP 2016

We are pleased to present to investors the latest construction updates as at END Sept 2016 for London Spring Place Phase 1.

According to feedback from the developer, Phase 1 of London Spring Place (Blocks A & D) has been slightly delayed and they are looking at a completion set for Oct 31st.

Works done to date include:

  • completion of steel frame, decking and concrete
  • dry lining partitions
  • mechanical and electrical
  • face brickwork
  • windows installation
  • gas, power & water work connections

London Spring Place Highlights 

London Spring Place is a brand new, purpose-built student accommodation development comprising fully-managed en-suite rooms and self-contained studio suites across three blocks. En-suites are arranged in clusters of 6 with access to a communal living area and kitchen. Self-contained studio suites will contain en-suite bathrooms and a fully functional kitchenette.Beautifully furnished with a wide range of amenities and facilities, London Spring Place is one of the most ideal student accommodations in the region. It is located within walking distance to the University of Bedfordshire, the shopping mall, and the train station with easy and convenient access to central London in 22 minutes!

Investment Highlights

  • 8% NET p.a. assured for 5 years
  • No bad debt as parental guarantor in place
  • 24,000 students but less than 5,000 available purpose-built beds
  • 250-year leasehold
  • 3% interest paid on deposited funds
  • Established Developer with exemplary track record
  • Target completion date September 2016, delayed to 31 Oct 2016 per developer advice

    Specifications
  • En-suite and studio suites
  • 24 hour CCTV security and controlled building access
  • Communal courtyard
  • Fully equipped state-of-the-art gym
  • Cinema room
  • Onsite management team & manned reception
  • Lounge area with LCD TVs
  • Study and meeting rooms
  • Visitor parking
  • Games room with pool table & gaming stations
  • Onsite laundry
  • Outdoor leisure and sports facilities to include beach volleyball, basketball, table tennis &
    an outdoor cinema

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