Knight Knox International has worked hard to maintain its reputation as a specialist in the student accommodation sector, which is reflected in the exclusivity it has retained on the majority of its student projects. The sector is continuing its boom; with the CBRE reporting that over £2billion was invested over the first three quarters of 2012 in the UK, which is a 145% increase over the same period last year. After successfully selling-out whole developments in Birmingham, Leeds and Bolton, Knight Knox International is striding forward, with at least five new major developments underway and a further four new projects in the pipeline, all of which are due to be released within the next six months. Shaw Street in Liverpool and Alexandra House in Sheffield are the latest exclusive projects marketed and sold through Knight Knox International.
The UK student accommodation sector accounted for over £2 billion in the first three quarters of 2012!
Shaw Street, Liverpool A former Georgian terrace, this beautiful period building is being extended and extensively refurbished to convert it into 57 luxury en-suite student rooms, all of which are furnished to the exacting standards now expected of boutique accommodation. Within walking distance of each of Liverpool’s prestigious universities, the residence is particularly ideal for nursing and medical students, due to its proximity to the Royal Liverpool University Hospital – one of the largest teaching hospitals in the UK. Shaw Street has been designed to meet the demands of today’s students; situated within walking distance of all local facilities and amenities, and providing excellent communal facilities including secure bicycle storage, living areas, laundry facilities and kitchens, Shaw Street is the perfect home-away-from-home. Prices for Shaw Street start at £45,500 for an ensuite room and investors can expect to receive assured 10% NET rental returns in the first year. Knight Knox International is the master sales and marketing agent for the Shaw Street development, which is delivered by the Jamworks, an experienced property developer within the UK. Additional student ventures through this developer which can be bought through Knight Knox International include City Point, a new student refurbishment project in Liverpool. Alexandra House, Sheffield A tasteful refurbishment of a former hotel and public house, this small boutique development consists of 23 spacious studio apartments, allowing for a community-oriented atmosphere amongst its residents. Within walking distance of Sheffield Hallam University, Alexandra House is the perfect location for students who want to be close to all the facilities and amenities that the city has to offer, including shops, restaurants, bars and entertainment. Prices start at £44,950 and investors will receive assured NET yields of 10% for the first year. Each studio is furnished to the highest of specifications and students can foster a sense of community in the on-site communal facilities, including a fully-equipped gymnasium and coffee shop. Alexandra House is the fifth exclusive development to be brought to market by Knight Knox International, from experienced student accommodation developer Hamilton Black; two of which (St. Ann’s Lodge in Leeds and Nelson Square in Bolton) are now completed and income-generating, as of September 2012. Knight Knox International After successfully selling-out entire developments in Birmingham, Leeds and Bolton, Knight Knox International is striding forward with at least five new major developments underway and a further four new projects in the pipeline, all of which are due to be released within the next six months. Shaw Street and Alexandra House are just two examples of the quality of student accommodation projects that the company has brought to market; and early indicators are that interest from investors in their respective areas is already high. To enquire about Shaw Street or Alexandra House, or for further information about the full range of student accommodation investments available through Knight Knox International call +44 (0)161 772 1370.