Vita Student Village York, United Kingdom

GBP 112,848
Sold Out

Amenities

  • Cinema
  • Gym
  • High-Speed WiFi
  • Intercom

Description

UK’s No. 1 Student Property Brand
VITA’s Flagship Residence
Up to 10% Yield p.a.
5 mins walk from city centre

Flagship Student Residence

At the heart of the richly historical city of York lies Vita’s brand new flagship residence — Vita Student Village York.A 528-apartment village surrounded by lush landscape within a listed 19th century site spanning 25,000sqm, Vita York is the first private campus residence design of its kind. This is Vita’s largest ever student hub, complete with movie rooms, gyms, study and communal facilities and high-speed broadband.

*****Individual studios from £112,848*****
*****Commercial Property Investors – Building Price from £2m – £110m*****

Why York – Critical Undersupply

Vita York is strategically situated on Lawrence Street, the main route between University of York and the city centre. It’s the most centrally-located Purpose Built Student Accommodation (PBSA) in York, which has a critical undersupply of student beds (only 1,200 dedicated student beds in all of UK!). There are some 21,000 students in York, and 70% of students in York desperately need a place to live.

Why Vita Student – No. 1 Student Property Brand

• Guaranteed minimum 7% NETT returns for 5 years
• Properties experience up to 15% capital growth throughout the build process
• Current properties generating up to 10% NETT return
• Rental premiums of 15% on the market
• 8 residences 100% occupied from year 1
• Increased rents by 13.5% after 1 year due to high demand
• 33% rebookings in 1 month from 1st year
• Fully managed with no voids, no unexpected costs, no problem tenants – just high ROI
• 5-star student rating
• 2000 properties sold

Student Property Investment Highlights

• Global industry worth £200 billion
• 50% yields – higher than standard residential stock
• UK’s best performing asset
• 435,495 international students stay in the UK spending £6.3 billion on living expenses
• 2.3 million students study in UK universities, with 2% rise expected in applications

Vita York Project Highlights

• Fully integrated kitchen with SMEG appliances and Formica worktops with integrated four-ring hob
• Floor to ceiling windows
• Juliette or full balconies
• Fitted wardrobes, drawers, under-bed storage, study desk and dining table and chairs
• Fully fitted en-suite shower room with toilet and washbasin
• Wood laminate flooring throughout
• 40-inch Smart TV (wall mounted)
• Secure key fob entry door with intercom