Benefits of Choosing to Invest in a Purpose-Built Student Property

What Investors Need To Know About Purpose Built Student Accommodation Investments from Sterling Woodrow Ltd

 

A purpose-built student accommodation is a great way to earn income from your savings. It can be a stable property investment compared to the traditional residential buy-to-lets that can be greatly affected by property market dips.

Houses in multiple occupation (HMO’s) are also becoming a thing of the past for innovative investors. The extensive renovations and time involved in costly HMO conversions has proved to be an out-of-date way of investing in a student property. Today, students are looking for more luxurious housing where they can feel at home.

Therefore, a purpose-built student accommodation unit makes such a great investment for the current trends. The construction is also managed by a developer and the maintenance of the building is done by a professional property management company, making it a hands-free investment.

Here are some benefits of investing in a student property. student bedroom

Universities can’t keep up – University dorms were the most popular option for students, but due to the increased number of UK university acceptances, universities just can’t keep up with housing thousands of students in the campus, so students are forced to look elsewhere – PBSA.

The demand will always be there – Despite the economic climate of the UK or the uncertainty of Brexit, people aren’t going to stop going to school. The demand will always be there for student property as long as there are students. In fact, UCAS and JLL are recording more overseas students coming to live and study in the UK. The cap on the limit of acceptances for each university was also lifted, so more people are attending universities.

Strongest performing asset class – During the times of recession many asset classes preform badly, however student accommodation experiences a demand every year without fail. For good locations that are close to universities, investors can expect a yield of around 8% to 10%, and it is highly unlikely that the NET yields will go lower than this. The income stream is more predictable, making it a stable investment, exempt from stamp duty taxes.

Students can be long-term tenants – If you are able to keep the student tenant happy, they can stay in your unit for the entire duration of their course. It will depend how long a tenant can potentially stay in your unit – medical students spend 6 years in further education. Potentially, you can have a medium to long-term tenant providing you with a stable source of rental income.

No additional management fees – Because a purpose-built student accommodation is considered commercial property, there are no additional fees involved as far as taxes and letting agents. The professional management company chosen by the developer will be responsible for the student tenant sourcing, maintenance, repairs and rent collecting. You won’t have any costs taken from your 8%-10% NET yield. If a student damages property, the management company will cover the costs from their own pocket.

Summary

Property investors can benefit from PBSA in many ways. It can be a high yielding investment with low risk and high returns if you have done your due diligence in choosing a location and property. With the help of a property investment consultant, you can find the most profitable student accommodation investment to diversify your portfolio and earn an assured income.

Kitchen Extension Builders For Manchester Properties

A. Oxley & Son Building Contractors Ltd

Builders in Manchester
112 Urmston Lane
Stretford, Manchester,
M32 9LN
UK
Phone: 0161 635 2016

 

In Manchester we get asked to complete many kitchen extensions, and since the kitchen is generally the core of the house it is important to plan your kitchen out and all the details with the trusted Manchester builders before getting a quote. Many people like to improve their house with a spacious kitchen which may be used for entertaining in addition to cooking, even a kitchen renovation might add a lot of value to the home for a moderate price. It’s possible to improve your kitchen with space saving units and gear or maybe you want to go all out using an outside kitchen expansion or knocking down inner walls to add space.

Kitchen research – When investing in any type of house extensions it is important into do some research first, before you call the local own builder it is important to have an idea of how you’ll use the room. Think of how you use it now and the way which will change, would you like outdoor access into the garden with a doorway or are you going to use it for entertaining or dining in addition to cooking? By considering how you’ll use your kitchen, you might find some idea on layout that you’ll be able to speak through with your builder in Manchester.

kitchen extension in Manchester

This means when designing the kitchen you need into consider this preparation area, you need all of the areas to be accessible, you need to make sure when cooking you may find to of the oven, of the hobs, of the chopping area and the sink. They need into be close enough together into make preparing food and meals easier. Keep in mind that you need to allow area for pots and pans along with other useful utensils, how much storage area can you need for all of the kitchen appliances, cutlery and can you still have space for your weekly groceries. Probably the most crucial elements to consider when extending or re designing the kitchen is where of the drains go, many drains can go out of your kitchen and this could affect the layout of the kitchen extension in Manchester.

How To Find A Professional Essex Drain Cleaning Service

DrainFix Services Ltd

Drain Experts in Essex
Unit 11,
Robjohns Road,
Chelmsford, Essex,
CM1 3AG
UK
Phone: 01245 403057

 


The way to find the best drain cleaning services never enters the head of a typical homeowner until they’ve a crisis. Not knowing which to do, most panicky house owners may contact an Essex plumber to deal with the problem. These people usually end up searching for the service. That’s since there are businesses which focus on drain cleaning, and their rates are a lot less than what a plumber fees per hour. On occasion, a quit drain may require the services of a pro plumber in Essex. This happens in circumstances where the congestion has been due to injury to the pipes, or bad construction.

More often than not, a blocked sewer drain may be rid of a local drain cleaning services. These charges can add up if a congestion is specific severe. A drain cleaning business will charge a flat rate, usually less than £100, for draining any drain. The way to find the best drain cleaning services is as simple as searching online. Irrespective of the matter, a drain cleaning services may almost always be less expensive than a plumber. As a specialised service company, they’re stocked with the best equipment and tools for dealing with clogged drains. Plumbers don’t always have the same sort of equipment at their disposal, which may lead to the job taking much longer, and costing far more money.

essex plumbing serviceCharges for unclogging drains and plumbing vary across the nation. The best estimate vary from £90 to over £300, depending upon the severity of the blockage. Drain cleaning company rates may start as low as £85, no matter how long exactly the job tales to complete. Plumbers can charge just as much as £135 for a hour with an one hour minimum. If two plumbers are needed, then exactly the speed doubles. And if access to a roof vent is required, costs may be even higher. It’s plain to see from all of these figures that hiring a business that specialises in Essex drain cleaning is a lot more economical than hiring a plumber.

It’s entirely possible for homeowners to clean drains out on their very own. Basic drain cleaning tools are sold at all house improvement retailers, and are comparatively cheap. Drain snakes, also known as augers, come in a wide range of sizes. Hand held snakes begin as low as £5 and may run up to £50. Electric snakes such as the plumbers and drain cleaners utilize start at 0 and run upwards of 100. Plumbing wrenches, which could be required to take apart a pipe to clear exactly the blockage, cost between £30 to £100.

The Importance Of Cellar And Basement Conversion Waterproofing

UHM Basements Limited

London Basement Company
Unit C220A,
Trident Business Centre,
89 Bickersteth Road,
London,
SW17 9SH
UK
Phone: 0208 516 7751

 

 

Basements can be made into a functional space that can have many uses. These include a spare bedroom, home office, entertainment room, wine cellar or home gym. It is vital that you get you basement waterproofed before the conversion. Basement waterproofing systems ensure that your basement stays dry and free from mould and mildew.

Converting and renovating your basement is a solution, can add value a new living experience for you or your family. Creating an extra bedroom on your property may increase the value dramatically while also giving you what might be much desired bedroom for a growing family.

Making an extra bedroom on your property may increase the value while also giving you what could be needed bedroom for a family. Having a guest room That’s different to the remainder of the house can be beneficial for relatives and friends who may want some peace and quiet. As there is a cellar conversion going to be a more secluded and quieter area than the rest.

basement flooding

Would possess a quiet area where they’re free of diversion to adults or work who’re seeking to get some work done without the distraction of a television and kids. Converting a basement may be the situation for the business.

Though still part of the property will mean children and your family know that you are at perform and shouldn’t be bothered unless necessary. In case you’ve sufficient space in the cellar conversion then a fantastic use of that the space is for a gym.

Installing fitness center equipment in your waterproof basement will save you on an expensive fitness center membership. Turning a cellar conversion into an extra bath room is ideal for a family with kids who’re starting to grow up along with perhaps spend a little more time compared to strictly necessary admiring their hair before school on that the morning. Wet rooms are becoming more and more popular in properties along with are seen as more appealing than a traditional bathroom.

When You’ll Need the Services of London Declutter Experts

Professional Organisers in London
22 Poplar Walk
London,
SE24 0BU
UK
Phone: 07811 529328

 

 

Business owners, home owners, parents and the elderly may all need a London decluttering service at some point in their lives, especially if they already have problems with organisation, planning and strenuous tasks. Every London resident knows that living amongst the busy hussle and bussle of the energetic city can make it extremely difficult to keep on top of the most basic things in life – one of them being clutter.

Not only is it demanding living in such a busy city, it can take a toll on your home and workplace. Having a full time job, a family to come home to, a social life to stay updated with and allowing yourself to still have time to yourself is exhausting enough. Adding clutter on top of that is extra unnecessary stress.

If you feel like you have a cluttered house or workplace, then you may want to utilise the service of a professional decluttering and organising company in London.

What is the definition of a cluttered space?

A cluttered home or workplace is added grief to an otherwise blissful space. Clutter is anything from paperwork to toys that takes up space in your room without being useful or functional.

A cluttered space is one that loses its purpose because of the amount of clutter you have let yourself and others build up over time. You will know when your space is too cluttered when it begins to be difficult to move from one side to the other, or you can no longer see the floor, or if you don’t have enough space to put anymore things in the room.

For example, a living room area can be considered cluttered when there is no space for kids to play and even the sofa is too covered in clutter for people to sit on it. In this case, the room become less practical and more of a hassle and frustration.

London declutter experts

The big question is, why is decluttering needed and how it can help. This is simple and requires very little explanation. Clutter is not healthy for you whether it is in your work space or your home. Clutter can cause stress, forgetfulness, laziness and it can also demotivate you from starting your day. On top of that, clutter is not hygienic and is only good for harbouring dust, dirt and bacteria making it susceptible to the formation of fungus and mold, which are both dangerous for your health. As well as this excessive heaps of clutter or piles of clutter can pose as a tripping hazard as well as a fire hazard.

Why should I remove my clutter?

You should declutter your home or office to make sure that you are living and working healthily. You should also contact a professional such as London declutter experts to make sure that you don’t get overwhelmed or frustrated from facing the clutter alone.