With Blocks A and D of London Spring Place already at settlement and approaching settlement, respectively, we are pleased to bring you the latest updates on the progress construction of LSP’s newest blocks – Block B and C – as at END Nov 2016. These are on track for a 2017 completion. Kindly click on the link below to navigate and enlarge.
A summary of works to date include:
- All piling works have been completed, cropped and tested
- Ground beams and pile caps 100% complete
- Below ground drainage 100% complete
- Beam and block ground floor 100%
- Plantroom fit out complete
- Steel frame 100% complete
- Steel decking and concrete floors 100% complete
- Basement drainage complete with basement external walls and slab complete
- Face brickwork 100% complete
- Cladding rails 100% complete and cladding 60% complete
- Window installation to courtyard facing elevation complete
- En-suite pod deliveries have commenced
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 2017
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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CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts.
Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.
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