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Kingfisher House

Huddersfield, UK


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Kingfisher House is a new purpose built student accommodation development, bringing 252 luxury studio apartments to the heavily undersupplied student accommodation market in Huddersfield.

  • STUDIO APARTMENTS FROM £57,495
  • NET RENTAL RETURN 9%
  • RENTAL ASSURANCE 5 YEAR
  • INTEREST ON DEPOSIT 5%
  • LEASEHOLD TENURE 250-YEAR LEASE
  • COMPLETION SPECIALIST SCHEDULED Q3 2016
  • MORE THAN 48,000 STUDENTS IN HUDDERSFIELD

Price List

Floor Town Side Studio Water Side Studio Accessible Studio
Podium £57,495 £57,995 £58,495
Upper Podium £57,495 £57,995 £58,495
G £59,495 £59,995 N/A
1 £61,495 £61,995 £62,495
2 £61,495 £61,995 £62,495
3 £62,495 £62,995 £63,495
4 £64,495 £64,995 £65,495
5 £64,495 £64,995 £65,495
6 £64,495 £64,995 £65,495

Kingfisher House provides purchasers with an 9% NET rental return with a 5 year rental assurance*.

 

Town Side Studio
Purchase Price £57,495
Interest Accrued on Deposit £1,797
Gross Rent (Per Week) £134
Length of Tenancy (Weeks) 51
Gross Rent (Per Annum) £6,834
Projected Service Charge £1,410
Ground Rent £300
Assured NET Rent (Per Annum) £5,175
NET Rental % 9.00%
NET Rental Income (5 Years) £25,875
Water Side Studio
Purchase Price £57,995
Interest Accrued on Deposit £1,812
Gross Rent (Per Week) £135
Length of Tenancy (Weeks) 51
Gross Rent (Per Annum) £6,885
Projected Service Charge £1,410
Ground Rent £300
Assured NET Rent (Per Annum) £5,220
NET Rental % 9.00%
NET Rental Income (5 Years) £26,100
Accessible Studio
Purchase Price £58,495
Interest Accrued on Deposit £1,828
Gross Rent (Per Week) £136
Length of Tenancy (Weeks) 51
Gross Rent (Per Annum) £6,936
Projected Service Charge £1,410
Ground Rent £300
Assured NET Rent (Per Annum) £5,265
NET Rental % 9.00%
NET Rental Income (5 Years) £26,325

STAMP DUTY LAND TAX

To find out if your purchase will incur Stamp Duty, please visit the Stamp Duty overview and calculator at:

https://www.gov.uk/stamp-duty-land-tax/overview
http://www.hmrc.gov.uk/tools/sdlt/land-and-property.htm

The purchaser may be liable for property related taxes in connection with property purchases and ownership in addition to any ongoing personal or corporate taxation which may apply.

CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008 (CPR)

These regulations prohibit unfair practices. To satisfy our obligations under the CPRs, our sales particulars have been prepared upon the instruction of the vendor and in accordance with these regulations. The property details are produced in good faith and are not intended to form part of a contract.

  • 252 STUDIO APARTMENTS
  • NEXT TO KIRKLEES COLLEGE
  • 0.4 MILES FROM UNIVERSITY OF HUDDERSFIELD
  • EN-SUITE SHOWER ROOM & KITCHENETTE
  • WATERSIDE LOCATION
  • FURNISHED INCLUDING DOUBLE BED
  • RECEPTION AREA & LAUNDRY FACILITIES
  • CAR PARKING
  • GAMES & TV SUITE, CINEMA ROOM & STUDY AREA

The UK has one of the largest and most prestigious university and higher education systems in the world.

With more than 2.2 million students studying in the UK, there is a large demand for student accommodation. According to Knight Frank, there is a structural undersupply of student accommodation within the UK.

Overseas students are a major driver for PBSA, with the size of this group expected to rise by 15- 20% in the UK over the next 5 years.

  • 2.2M STUDENTS IN THE UK
  • 23% OF DEMAND FOR ACCOMMODATION BEING MET BY UNIVERSITIES
  • 3% INCREASE YEAR-ON-YEAR OF DOMESTIC STUDENTS IN THE UK
  • MORE THAN £6 BILLION INVESTED IN PRIVATE STUDENT ACCOMMODATION IN 2015
MEDERCO

KINGFISHER HOUSE DEVELOPERS

The developer of Kingfisher House is Mederco; incorporated in 2011 specifcally for developing high quality student accommodation.

The company sits alongside Rainbow Homes Ltd., which develops residential housing in the North and North West England and has become one of the leading and fastest growing house builders in the area.

THE OPERATOR

The operator will be a specialist, independent student accommodation manager. They have expertise in both student care and property management required to successfully manage a development.
This experienced operator already manages thousands of units and has been managing modern purpose-built student accommodation blocks for many years.
They have built strong relationships with universities and are regarded as a preferred supplier for quality student accommodation; bringing experience and trust to the market.

PREVIOUS MEDERCO DEVELOPMENTS

APPLETON POINT

BRADFORD

160 purpose built student accommodation completed 2014


HOCKNEY COURT

BRADFORD

Development of 48 student units completed 2012


EMPRESS MILLS

TRAWDEN, LANCS.

28 high specification houses and 12 luxury apartments, converted from a former mill


STATION COURT

THORNE, DONCASTER

Residential development of 15 apartments and 24 houses

Kingfisher House is a new purpose built student accommodation development, bringing 252 luxury studio apartments to the heavily undersupplied student accommodation market in Huddersfield.

  • STUDIO APARTMENTS FROM £57,495
  • NET RENTAL RETURN 9%
  • RENTAL ASSURANCE 5 YEAR
  • INTEREST ON DEPOSIT 5%
  • LEASEHOLD TENURE 250-YEAR LEASE
  • COMPLETION SPECIALIST SCHEDULED Q3 2016
  • MORE THAN 48,000 STUDENTS IN HUDDERSFIELD

Price List

Floor Town Side Studio Water Side Studio Accessible Studio
Podium £57,495 £57,995 £58,495
Upper Podium £57,495 £57,995 £58,495
G £59,495 £59,995 N/A
1 £61,495 £61,995 £62,495
2 £61,495 £61,995 £62,495
3 £62,495 £62,995 £63,495
4 £64,495 £64,995 £65,495
5 £64,495 £64,995 £65,495
6 £64,495 £64,995 £65,495

Kingfisher House provides purchasers with an 9% NET rental return with a 5 year rental assurance*.

 

Town Side Studio
Purchase Price £57,495
Interest Accrued on Deposit £1,797
Gross Rent (Per Week) £134
Length of Tenancy (Weeks) 51
Gross Rent (Per Annum) £6,834
Projected Service Charge £1,410
Ground Rent £300
Assured NET Rent (Per Annum) £5,175
NET Rental % 9.00%
NET Rental Income (5 Years) £25,875
Water Side Studio
Purchase Price £57,995
Interest Accrued on Deposit £1,812
Gross Rent (Per Week) £135
Length of Tenancy (Weeks) 51
Gross Rent (Per Annum) £6,885
Projected Service Charge £1,410
Ground Rent £300
Assured NET Rent (Per Annum) £5,220
NET Rental % 9.00%
NET Rental Income (5 Years) £26,100
Accessible Studio
Purchase Price £58,495
Interest Accrued on Deposit £1,828
Gross Rent (Per Week) £136
Length of Tenancy (Weeks) 51
Gross Rent (Per Annum) £6,936
Projected Service Charge £1,410
Ground Rent £300
Assured NET Rent (Per Annum) £5,265
NET Rental % 9.00%
NET Rental Income (5 Years) £26,325

STAMP DUTY LAND TAX

To find out if your purchase will incur Stamp Duty, please visit the Stamp Duty overview and calculator at:

https://www.gov.uk/stamp-duty-land-tax/overview
http://www.hmrc.gov.uk/tools/sdlt/land-and-property.htm

The purchaser may be liable for property related taxes in connection with property purchases and ownership in addition to any ongoing personal or corporate taxation which may apply.

CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008 (CPR)

These regulations prohibit unfair practices. To satisfy our obligations under the CPRs, our sales particulars have been prepared upon the instruction of the vendor and in accordance with these regulations. The property details are produced in good faith and are not intended to form part of a contract.

  • 252 STUDIO APARTMENTS
  • NEXT TO KIRKLEES COLLEGE
  • 0.4 MILES FROM UNIVERSITY OF HUDDERSFIELD
  • EN-SUITE SHOWER ROOM & KITCHENETTE
  • WATERSIDE LOCATION
  • FURNISHED INCLUDING DOUBLE BED
  • RECEPTION AREA & LAUNDRY FACILITIES
  • CAR PARKING
  • GAMES & TV SUITE, CINEMA ROOM & STUDY AREA

The UK has one of the largest and most prestigious university and higher education systems in the world.

With more than 2.2 million students studying in the UK, there is a large demand for student accommodation. According to Knight Frank, there is a structural undersupply of student accommodation within the UK.

Overseas students are a major driver for PBSA, with the size of this group expected to rise by 15- 20% in the UK over the next 5 years.

  • 2.2M STUDENTS IN THE UK
  • 23% OF DEMAND FOR ACCOMMODATION BEING MET BY UNIVERSITIES
  • 3% INCREASE YEAR-ON-YEAR OF DOMESTIC STUDENTS IN THE UK
  • MORE THAN £6 BILLION INVESTED IN PRIVATE STUDENT ACCOMMODATION IN 2015
MEDERCO

KINGFISHER HOUSE DEVELOPERS

The developer of Kingfisher House is Mederco; incorporated in 2011 specifcally for developing high quality student accommodation.

The company sits alongside Rainbow Homes Ltd., which develops residential housing in the North and North West England and has become one of the leading and fastest growing house builders in the area.

THE OPERATOR

The operator will be a specialist, independent student accommodation manager. They have expertise in both student care and property management required to successfully manage a development.
This experienced operator already manages thousands of units and has been managing modern purpose-built student accommodation blocks for many years.
They have built strong relationships with universities and are regarded as a preferred supplier for quality student accommodation; bringing experience and trust to the market.

PREVIOUS MEDERCO DEVELOPMENTS

APPLETON POINT

BRADFORD

160 purpose built student accommodation completed 2014


HOCKNEY COURT

BRADFORD

Development of 48 student units completed 2012


EMPRESS MILLS

TRAWDEN, LANCS.

28 high specification houses and 12 luxury apartments, converted from a former mill


STATION COURT

THORNE, DONCASTER

Residential development of 15 apartments and 24 houses