Trinity_Hall_BrochureV2 - Grosvenor Property Marketing

TRINITY
HALL
LEEDS
STUDENT INVESTMENT WITH A DIFFERENCE
INVESTMENT DETAILS
Stunning en-suites from only £56,250
Amazing studios starting at just £69,995
Assured minimum rental yield of 8% for 2 years
Return up to £13,600 in the first 2 years alone
Fully-furnished, self-contained apartments with private kitchens and bathrooms
121 Units
Available
The University of Leeds is a leading Russell Group University,
one of the top institutions in the UK
Leeds is home to two world class universities with over 200,000 students
5% interest paid on deposited funds
12 month extended payment plan
A fully hands-off investment managed by reputable asset managers
Prompt completion date - February 2016
“The world student
housing sector
reached a high
of $7.2 billion of
investment in 2013.”
– Savills, 2014
Leeds not only boasts one of
the highest concentrations of
universities in Europe, but also plays
host to one of UK’s biggest single
campus educational facilities, Leeds
University. The University of Leeds
has itself invested more than £12
million in a brand new state of the
art student facility offering a range of
leisure and fitness facilities. However
the demand for purpose built student
accommodation is still substantial.
And with increased levels of student
intake forecast over the coming
years, the demand for high quality
accommodation specifically
designed for the student market is
only set to rise.
“Student housing was one of
the best performing sectors
during the global economic
downturn, expanding from
$3.4bn investment globally
in 2007 to a new high of
$7.2bn in 2013.”
– Savills, 2014
WHY LEEDS?
With nine universities on its doorstep, strong collaboration between academics and businesses, and not to mention its
friendly people it’s clear that investing in Leeds makes sound business sense. Leeds recently topped a list of university towns
and cities that could benefit from more purpose built student accommodation. Currently, large amounts of students are living
in HMO’s (houses of multiple occupations), putting a huge strain on those tenants and families looking for accommodation
in the area. A recent report from Savills says that 3,889 homes in Leeds could return to family use if students moved into
purpose built student accommodation. This would mean that demand for student accommodation would further increase as
the city looks to move students into dedicated, modern accommodation.
A thriving economy boasting strengths in financial services, legal, manufacturing, health and retail, Leeds has excellent road,
rail and air links, providing a gateway for tourist and business visitors to the region. Additionally the new HS3 and HS2 rails
that are planned to cut travel times in half between Leeds, Manchester and Sheffield, will also bring further benefits to the
area.
Leeds is recognised internationally as a centre for learning with two major universities, as well as eight colleges. The
University of Leeds and Leeds Metropolitan University have world-class research facilities and top business schools, with
Leeds Trinity specialising in teaching. Leeds Teaching Hospitals care for more patients than anywhere else in the north of
England and is one of the largest teaching hospitals in Europe.
Leeds is a safe, compact and student friendly city. A multicultural city, housing people from a diverse range of countries.
The student population in Leeds benefits from an abundance of things to do: the city centre is easy to explore, and is home
to breathtaking architecture like the Leeds Town Hall, and the Victoria Quarter.
“It is estimated that in Leeds over
27,000 students will live in privately
rented accommodation.”
– Unipol, 2014
WHY LEEDS?
CONT.
Sports fans have plenty to choose from, with Leeds United FC playing only a short trip from the city centre at Elland
Road stadium, while Leeds Rhinos Rugby League Club and Yorkshire Country Cricket Club are based at Headingley
Stadium.
Leeds is also surrounded by areas of outstanding natural beauty, with the famous national parks of the Yorkshire Dales,
the Peak District and the Lake District easily accessible from Leeds. Cities of historic and cultural interest lie on its
doorstep, including York, Manchester and Whitby.
It’s also a great place from which to travel around the UK, with London only 2 hours and Edinburgh only 3 hours away by
train, and an international airport a short distance outside of the city.
2016 should see development pick up significantly with the completion of the new 1.26 million sq ft Victoria Gate
shopping centre in Leeds. Victoria Gate will be adding the first John Lewis to Leeds. Additionally, alongside regenerating
the physical space, the first phase will also deliver up to 1,000 retail and hospitality jobs and 1,000 construction
employment opportunities. Victoria Gate will in total accommodate around 42,000m² of retail and leisure space.
The second phase will include additional retail for major high street brands, leisure space, restaurants, a food court,
additional parking spaces and a Low Carbon Energy Centre.*
*http://www.victoriagate.co.uk/
“Leeds is the third largest city in the UK
with the largest financial services sector
outside of London generating annual
revenues of over £13 billion. This sector is
projected to grow by 51% between now
and 2022.”- City of York Report, 2013
LOCATION
Trinity Hall is located in ,
a student suburb of Leeds,
approximately one mile out of the
city centre. Close to both the
University of Leeds and Leeds
Metropolitan University campuses,
Woodhouse has always been a very
popular student area.
Woodhouse has had a vibrant
community of long-term residents for
years and has held on to many of its
traditional advantages - local shops,
local cinemas, a village atmosphere,
and many green spaces.
The site is also close to Headingley the
sporting heart of Leeds. Headingley
stadium is home to the Rhinos and
Leeds Tykes Rugby teams and the
adjacent Carnegie Cricket Ground,
home of Yorkshire County Cricket Club.
HEADINGLEY RUGBY & CRICKET STADIUM
UNIVERSITY OF LEEDS
LEEDS METROPOLITAN UNIVERSITY
1.3 Miles
0.6 Mile
0.9 Mile
LEEDS CITY CENTRE
KIRKSTALL ABBEY
LEEDS TRAIN STATION
TRINITY SHOPPING CENTRE
1.2 Miles
2.5 Miles
1.6 Miles
1.5 Miles
THE DEVELOPMENT
Trinity Hall, Leeds, is a brand-new
investment opportunity in the
lucrative market of student
accommodation investments.
Trinity Hall is located in the popular
Woodhouse district centre and has
good public transport links to the city
centre: the perfect solution for students
looking for independent living in a
modern environment.
Students demands have changed over
recent years and many, especially those
from overseas, no longer wish to live
in converted houses or in the common
“cluster-flat” undergraduate student
accommodation.
They now require bespoke, purposebuilt accommodation which lies close
to the educational hub.
Trinity Hall, with 94 student en-suite,
studio and one bedroom apartments,
a social room, fitness gym and B.B.Q
area, is ideally designed to meet the
needs of the current student market.
Trinity Hall is widely anticipated to
become one of the most sought after
residencies in the lucrative Leeds
student rental market.
Return up to £13,600 in the first 2 years
Trinity Hall will be the 1st ever
FULLY INTEGRATED “SMART”
student accommodation!
TRINITY
HALL
LEEDS
What’s a Smart Home?
In short, a Smart Home is a centrally controlled nerve centre for your property. You can control everything from your lighting and heating to your PV system, all with just a
flick of a switch or a swipe on your phone. Imagine a personal assistant that knows ALL your preferences. A Smart Home is just that; it knows what to do, because it’s intelligently automated!
Why a Smart Home?
In an average home you’ll find tons of devices, systems, and appliances including everything from lighting and heating to AV systems, security and other electronics. Each of
these has their own switch, app, remote control, or motion detector... the list goes on! The problem is that with all these gadgets comes no one single language that they
all speak. They can’t communicate with each other. They can’t meet the needs and demands of the resident. This is where the Smart Home differs. With a single system you
can control everything!
Smart is Beautiful!
With just a flick of a switch when you’re home, or a swipe of your phone when you’re not, you can
activate ambience settings that suit your habits and lifestyle. The Smart Home monitors and responds
automatically to things in and around the house: light levels, weather conditions, security breaches,
burst water pipes and more. It knows what to do, without you having to lift a finger.
Be Smart, invest in the Future
Investing in a Smart Home is investing in the future. Even if things were ever to change or you install
new devices in the property, the build of the Smart Miniserver ensures the Smart Home is flexible and
always fit for the future. Your home and property will become smarter, safer, more comfortable and
energy-efficient, whist remaining easy to operate and economical.
ACT FAST: limited availability
of “SMART” en-suite & studios
A First in Student Accommodation
A Smart Home maintains its value better and outperforms the market by being entirely unique. It’s known that students these
days demand more and are further willing to pay for what they want. Having a Smart Home provides added luxury as well as
economical benefits. Capital appreciation is more likely and more over investors can request higher rents.
TRINITY HALL “SMART” FEATURES
CAT7 Cabling throughout - future proofing for future upgrades
Smart Lighting - motion sensor lighting in halls, kitchens and bathrooms
Tried and trusted technology - minimal maintenance required
Smart Heating - maintains a constant temperature according to which room the user is in
(using motion sensors and temperature sensors to turn heating on and off)
Mood Lighting - allowing the users to select preset lighting arrangements or define their own.
Smart Phone & Tablet Control - control the lighting and heating remotely from your phone
anywhere in the world.
TRINITY HALL FACILITIES
Laundry room
Manned reception
Bike storage
B.B.Q area
Social room
Fitness gym
Gated community
The exclusive Smart Home system used is LOXONE:
If you require more information please visit their website at: http://www.loxone.com/
TRINITY
HALL
LEEDS
FINANCIAL BREAKDOWN
TRINITY HALL - LEEDS
ACT FAST: limited availability
of “SMART” en-suite & studios
FINANCIAL BREAKDOWN
Anticipated rent increases of 3% per annum
Deductions include all utilities, staff, operators fee, ground rent and sinking fund
EN-SUITE ROOMS
SALES PRICE
RENT PER WEEK FOR 48 WEEKS
GROSS RENT
NET YIELD (YR1)
£55,995.00
£130.00
£6240.00
£4,479.60
YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5
W E E K LY R E N T
£130.00
£133.90
£137.92
£142.00
£146.31
ANNUAL RENT
£ 6,240.00
£ 6,427.20
£6,620.02
£6,818.62
£7,023.17
DEDUCTIONS
-
-
£1,860.82
£ 1,916.64
£ 1,974.14
NET RENT
£4,479.60
£4,479.60
£4,759.18
£4,901.98
£5,049.03
NET YIELD (%)
8.0%
8.0%
8.5%
8.75%
9.02%
STUDIOS
SALES PRICE
RENT PER WEEK FOR 51 WEEKS
GROSS RENT
NET YIELD (YR1)
£69,995.00
£145.00
£7,395.00
£5,599.60
YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5
W E E K LY R E N T
£145.00
£149.35
£153.83
£158.45
£163.20
ANNUAL RENT
£ 7,395.00
£7,616.85
£7,845.36
£8,080.72
£8,323.14
DEDUCTIONS
-
-
£1,897.95
£ 1,954.89
£ 2,013.54
NET RENT
£5,599.60
£5,599.60
£5,947.41
£6,125.83
£6,309.60
NET YIELD (%)
8.0%
8.0%
8.5%
8.75%
9.01%
TRINITY HALL - LEEDS
5% interest paid
on deposited funds
FINANCIAL BREAKDOWN
Anticipated rent increases of 3% per annum
Deductions include all utilities, staff, operators fee, ground rent and sinking fund
1 BEDROOM APARTMENTS
SALES PRICE
RENT PER WEEK FOR 51 WEEKS
GROSS RENT
NET YIELD (YR1)
£82,000.00
£170.00
£8,670.00
£6,560.00
YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5
W E E K LY R E N T
£170.00
£175.10
£180.35
£185.76
£191.34
ANNUAL RENT
£ 8,670.00
£ 8,930.10
£9,198.00
£9,473.99
£9,758.16
DEDUCTIONS
-
-
£2,221.52
£ 2,288.17
£ 2,356.82
NET RENT
£6,560.00
£6,560.00
£6,976.048
£7,185.77
£7,401.34
NET YIELD (%)
8.0%
8.0%
8.51%
8.76%
9.02%
TYPICAL TRINITY HALL LAYOUT
Each studio unit at Trinity Hall is
equipped with its own en suite showerroom facilities, integral kitchens, work
stations and beds.
All rooms are designed specifically to
match all undergraduate, postgraduate
and international students’ needs.
To offer them a personalised space,
orientated towards their own cultural
needs, where they can fulfill both their
personal and academic lives.
SPECIFICATIONS :
Three quarter bed with mattress
Workstation with study chair
Shelving and drawers
Kitchenette with fitted oven,
hobs and sink
En-suite
bathroom with shower
cubicle, vanity sink unit and toilet
Carpet, blinds and light fittings
Internet with hi speed Wi-Fi or
Ethernet connection
5% interest paid
on deposited funds
APP CONSTRUCTION
APP Construction have successfully undertaken over £10.0m worth of contracts, over a number of different sectors.
With specially trained and dedicated Project Managers that will ensure that the quality of the build is to the highest
possible standard from start to finish.
APP offer a complete construction service that includes new build, fit-out and refurbishment. They also look to
provide innovative yet cost effective ideas whether this be through design, innovating engineering or working
methods.
With an aim to develop a long term partnership with all of their Clients by constantly exceeding their expectations.
APP have quickly build a name as being a professional and ground breaking construction company.
APP’s approach is simple: Projects delivered “On Time”, “On Budget” and “To the highest possible specification”.
APP Construction Ltd based in
Leeds, are one of the UK’s fastest
growing construction companies
THE MANAGEMENT COMPANY
*
Delivering The Next Generation Of Student Accommodation
Urban Student Life (USL) offers a commitment to their owners and students via their “charter”. Their relationship with you as
owner is long term and transparent. They are committed to the students, offering outstanding levels of services and security
which surpass those offered by competitors.
USL specialise in deposit management. Rooms are checked on a regular basis and students will have money deducted from
their deposits to cover any damages. This will ensure that your unit is regularly maintained to keep it in excellent condition. In
addition there is a sinking fund to cover maintenance of communal areas. This means peace of mind for you the investor- you
are safe in the knowledge that your unit is ready to let in great condition at all times without incurring any cost to yourself.
DELIVERING THE NEXT
GENERATION OF STUDENT
ACCOMMODATION
*Proposed management company or equivalent
F.A.Q’s
Where is the development?
Woodhouse Street, West Yorkshire, Leeds LS6 2NY
When will the building be completed
Trinity Hall is due to complete in August 2016.
What are the projected annual returns?
There is a two-year minimum rental assurance of 8% NET yield. This is because the developer can be certain that the
development will be fully tenanted, due to the high demand and attractive proposition to potential tenants.
After the two year period the rental income is expected to be in excess of 9%.
Are there any restrictions if I want to sell?
No. Once you have completed on the purchase and you have the legal title deed, you would be free to sell your unit on the open
market at any time in the future.
Are these units classified as “student pods”?
No. All the units at Trinity House are self-contained en-suite, 1 bedroom or studio apartments, you
will receive a Full Title Deed and you will be the owner of the property.
Am I buying as freehold or leasehold?
125 years leasehold.
PURCHASE PROCESS
1/ £4,000 RESERVATION DEPOSIT
2// 50% VALUE OF PURCHASE PRICE (less £4000)
On exchange of contract (within 28 days)
3/// 30% VALUE OF PURCHASE PRICE (+3 months)
4//// REMAINING BALANCE on completion
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