STUNNING, NEW STUDENT APARTMENTS IN THE HEART OF ENGLAND. Completion in September 2017 Investment units from 52,000 8% Return for 3 / 5 / 10 years
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1 STUNNING, NEW STUDENT APARTMENTS IN THE HEART OF ENGLAND Completion in September 2017 Investment units from 52,000 8% Return for 3 / 5 / 10 years
2 THE OPPORTUNITY STRONG DEMAND, EXCELLENT QUALITY & AN EXPERIENCED DEVELOPER Sky Building represents a truly exciting investment opportunity for both the experienced portfolio investor and those looking to enter the property investment world for the first time.
3 THE OPPORTUNITY A HIGHLY SECURE LONG-TERM INVESTMENT GROWING STUDENT POPULATION 10-YEAR ASSURED 8% RETURN UNDERSUPPLY OF STUDENT ACCOMMODATION CONVENIENT FOR LIVERPOOL, MANCHESTER AND BIRMINGHAM HIGH QUALITY BUILDING CLOSE TO STUDY CENTRES AND AMENITIES MARKET-LEADING PROPERTY MANAGEMENT
4 THE OPPORTUNITY SUPERBLY LOCATED, QUALITY STUDENT ACCOMMODATION IN THE HEART OF ENGLAND
5 THE OPPORTUNITY 127 EN SUITE ROOMS COMMUNAL LAUNDRY ROOM 127 STUDIOS GYMNASIUM 24 LARGE STUDIOS STUDY/IT ROOMS CINEMA ROOM
6 LIVING ENVIRONMENT CREATING A BETTER STUDENT LIFESTYLE Sky Building is a special blend of shared facilities for studying, socialising or working out. These create a community spirit amongst residents which makes for an excellent experience driving up occupancy rates along with student satisfaction and repeat tenancies.
7 LIVING ENVIRONMENT A social hub where students can take a break away from their busy work schedules. Situated on the upper ground floor it will be a relaxing space and a truly special feature of the development. CINEMA ROOM
8 LIVING ENVIRONMENT When deadlines are pressing and it s time to get down to work, the well-equipped study rooms situated throughout the building will be the perfect setting allowing residents to concentrate in a quiet, convenient environment. STUDY ROOMS
9 LIVING ENVIRONMENT Health and wellbeing are important components of today s busy lifestyles and we recognise this with the provision of a fully-equipped gymnasium in the building s basement. GYMNASIUM
10 INVESTMENT OPPORTUNITY WHY INVEST IN SKY BUILDING? UNDERSUPPLY LOCALLY STRONG RENTAL YIELDS GOOD LOCAL INVESTMENT PLAN CLOSE TO THREE UNIVERSITIES GROWING STUDENT POPULATION MORE THAN 30,000 STUDENTS NEARBY
11 INVESTMENT OPPORTUNITY The Keele and Newcastle-under-Lyme area suffers from a severe under supply of student accommodation. Sky Building is perfectly placed to meet the increasing demand of this market. The return currently on offer is assured for 10 years establishing Sky Building as a highly secure, long-term, investment. Quality management of the facility is also guaranteed with the appointment of Galbraith Property Services a company with a breadth of experience of managing student accommodation across the country. Galbraith have a philosophy which ensures both the students and the development are well looked-after, creating a genuine community spirit which encourages peer-to-peer recommendation and high rebooking rates as students feel comfortable in their homes. To discuss the potential purchase of an investment unit, please get in touch with our team using the contact details at the back of this brochure.
12 INVESTMENT OPPORTUNITY LOCAL STUDENT MARKET: KEELE UNIVERSITY 9,980 STUDENTS 2 MILES FROM SKY BUILDING STAFFORDSHIRE UNIVERSITY 19,190 STUDENTS 2 MILES FROM SKY BUILDING ROYAL STOKE UNIVERSITY HOSPITAL 1,200 STUDENTS 1 MILES FROM SKY BUILDING
13 INVESTMENT OPPORTUNITY IT S AN OPPORTUNITY NOT TO BE MISSED AND HERE ARE THE REASONS WHY:
14 PRIME LOCATION IF IT S ALL ABOUT LOCATION THEN IT S ALL ABOUT SKY BUILDING Students want quality accommodation in a convenient location. Sky Building delivers on both counts. It s just two miles from Keele University the UK s biggest campus university with close to 10,000 students. Plus, it s about the same distance to Staffordshire University and its 19,000-strong student population, plus the Royal Stoke University Hospital and its 1,200 medical students are just a mile away. When you factor in the close proximity to Stoke-on- Trent city centre and railway station, it s easy to see why Sky Building is in an excellent location for students attending the three educational institutions. With demand far outstripping supply for accommodation, private halls are the main solution.
15 PRIME LOCATION AT THE HEART OF EVERYTHING Keele University 2 miles Staffordshire University 2 miles Royal Stoke University Hospital 1 mile Stoke-on-Trent railway station 2.1 miles New Vic Theatre Stoke City FC Vue Cinema Newcastle Victoria Hall Hanley Regent Theatre Trentham Gardens Wedgwood Jubliee 2 Sports centre Festival Park Newcastle town centre Potteries centre Cineworld complex M6 NEWCASTLE - UNDER - LYME STOKE - ON - TRENT LIVERPOOL MANCHESTER WALES STOKE BIRMINGHAM
16 INVESTMENT UNITS A RANGE OF UNIT TYPES TO MATCH INVESTOR & END-USER BUDGETS Each self-contained suite shall be sold on a leasehold of 250 years. The scheme provides an affordable entry level for investors into this lucrative sector whilst still receiving the maximum current market yields.
17 INVESTMENT UNITS EN SUITE ROOMS STUDIOS LARGE STUDIOS 52,000 59,950 64,950 Reservation Fee Exchange 50% less reservation 3-month stage payment (25%) Completion payment (25%) 5,000 21,000 13,000 13,000 Reservation Fee Exchange 50% less reservation 3-month stage payment (25%) Completion payment (25%) 5,000 24,975 14,997 14,978 Reservation Fee Exchange 50% less reservation 3-month stage payment (25%) Completion payment (25%) 5,000 27,475 16,237 16,238 Rents ( 130 x 48) Ground rent Management & maintenance 6, ,830 Rents ( 150 x 48) Ground rent Management & maintenance 7, ,154 Rents ( 155 x 48) Ground rent Management & maintenance 7, ,994 Net return Net yield 4,160 8% Net return Net yield 4,796 8% Net return Net yield 5,196 8%
18 SPECIFICATIONS APARTMENTS ARE FINISHED TO A HIGH SPECIFICATION WITH EXCELLENT FIXTURES AND FITTINGS
19 SPECIFICATIONS EN SUITE ROOMS Double Bed & Mattress 2 Pillows & 2 Pillow Cases Duvet, Fitted Sheet & Flat Sheet Bedside Table Wardrobe Study desk, Chair and Tub Chair 32-inch Wall-Mounted TV Roller Blind Carpet to have Non-Slip Vinyl Stainless Steel Sink Bath Towel & Hand Towel STUDIOS & LARGE STUDIOS Integrated Kitchen High Gloss Units Stainless Steel Sink Fridge with Freezer Compartment Hob and Microwave Oven En Suite Bedside Table Wardrobe Study Desk, Chair and Tub Chair Dining Table & 2 Chairs Roller Blind Carpet/Kitchen to have Non-Slip Vinyl Crockery Dinner Plate, Side Plate & Bowl Cutlery Knife, Fork, Spoon & Tea Spoon Bath Towel & Hand Towel 2 Pillows & 2 Pillow Cases Duvet, Fitted Sheet & Flat Sheet 2-Seater Sofa
20 MANAGEMENT COMPANY SKY BUILDING WILL BE RUN BY EXPERIENCED STUDENT OPERATOR. Investors can take additional confidence in the development from the fact that Galbraith, one of the UK s leading student property management providers, will be running the facility. They offer a professional approach to the management of large-scale property portfolios including facilities in university town and cities across the country in locations like London, Cambridge, Birmingham, Loughborough, Nottingham, Bristol and Southampton. They cater to both existing landlords and property investors, and their attention to detail in ensuring the needs of students and owners are met has earned them a market-leading reputation.
21 MANAGEMENT COMPANY THE COMPANY S DEDICATED TEAM ARE ALWAYS ON HAND TO DEAL WITH DAY-TO-DAY ASPECTS AROUND SKY BUILDING INCLUDING: Provision & management of site personnel Facilities management Asset management Health & Safety management Provision of student support staff Day-to-day responsive repairs Life cycle maintenance Accommodation office services Tenancy management Rent collection and debt management Marketing Galbraith can be contacted at: Student Accommodation Management E: info@galbraithproperty.com T: Student Lettings E: info@galbraithestates.com T:
22 THE DEVELOPER A FAMILY-RUN COMPANY WHICH UNDERSTANDS DEVELOPMENT & INVESTMENT PROJECTS. Daisy Developments has earned this understanding through being involved in a wide array of schemes across the UK. Beginning in residential properties, the Daisy Developments team has built a portfolio in a variety of locations ranging from one-bedroom apartments, through five-bedroom houses and on to student accommodation and even large commercial office space, with all this experience just adding to the wealth of knowledge they have gained along the way. In tandem, the team made a distinct switch from bank funding to low-level private investment through cash and pension routes. The Daisy Developments team has successfully raised entire project funding requirements through this method under ring-fenced SPV-style companies.
23 INVESTMENT DETAILS DAISY DEVELOPMENTS OFFERS A CLEAR AND SIMPLE INVESTMENT PROCESS
24 INVESTMENT DETAILS SECURITY Investors can be confident that Sky Building is a secure investment in the short, medium and long term. There s an 8% return assured for 10 years The developer has significant experience in the sector and a proven track record of successfully completed projects It s a 250-year lease INVESTMENT PROCESS Investment units are purchased in the following way: 1. Complete reservation form 2. Pay reservation fee 3. Exchange contracts with 50% payment less reservation fee 4. Staged payment at 3 months 5. Construction completes 6. Final payment on completion MANAGEMENT COMPANY The building s management and marketing will be handled by Galbraith Property Services a company with a well-established reputation for operating student accommodation across the UK. Their involvement will help ensure excellent occupancy and rebook rates. YOUR NEXT STEP Our specialist investment consultants can guide you through every step of the investment process from initial enquiry to successful exit. If you would like to move forward and purchase an investment unit, please get in touch with our team via the number or at the end of this brochure. They will help you pick a unit, advise you how to start the legal purchase process and answer any of your questions. Once we ve received the reservation form and reservation fee, a full legal pack including sales contracts, lease agreements and property management agreements will be sent out for your approval.
25 INVESTMENT DETAILS SOLICITORS To progress your investment contact one of our chosen legal partners who have been fully briefed on the scheme and are in receipt of full legal packs. This includes key information such as - sales contracts, lease agreements and management agreement. The following contacts are happy to take calls to answer any legal questions or queries you may have in relation to the scheme. All fees include VAT and disbursements. Solicitors Fees Land Registry Fee Bank Transfer Fee Document Fee BUYER S SOLICITORS DAVID WALTON Solicitor Blunts Solicitors 1-6 King Edward Street, Macclesfield, Cheshire, SK10 1AB e: david@bluntssolicitors.co.uk t: f: SELLER S SOLICITORS IAN GEE Consultant EAD Solicitors Prospect House, Columbus Quay, Liverpool, L3 4DB e: Ian.Gee@eadsolicitors.co.uk t: f: THE Hetherington PARTNERSHIP SOLICITORS P.CLEM HETHERINGTON Partner Hetheringtons 32 Market Street, Hoylake, Wirral, Merseyside, CH47 2AF e: jo@thpsolicitors.com t: ROBERT THOMAS Director PLS Solicitors PLS House, 2 Aegean Road, Atlantic Street, Altrincham, WA14 5UW e: rthomas@pls-solicitors.co.uk t: m: f:
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