9% NET P.A. ASSURED FOR

5 YEARS

MODERN ONE-BED STUDIOS &

TWO-BED APARTMENTS

FULLY-MANAGED AND HANDS-OFF INVESTMENT

5% INCOME DURING BUILD

ORME HOUSE NEWCASTLE-UNDER-LYME, UK

SummaryOrme House is a brand new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset.

The development comprises 102 modern self-contained one-bed studios and two-bedroom apartments, which will be complete to a high standard and will be delivered fully furnished.

Part of the development is a beautiful listed school building and a new build block. Each studio will feature a kitchenette and an en-suite bathroom and is available from just £69,999.

Payment is spread throughout the build and, what’s more, 5% interest will be paid on your deposited funds until the build is complete.

The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities.

With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.

Particularly popular with international students and postgraduates, Orme House provides first-class living standards coupled with a full range of facilities and communal meeting spaces.

9% NET ASSURED FOR 5 YEARS

PURCHASE PRICE £ 69,999

GROSS RENT £ 8,050

MANAGEMENT £ 1,350

GROUND RENT £ 400

NET INCOME £ 6,300

NET YIELD 9%

Receive a passive incomefrom the UK’s number 1asset class.

THE INVESTMENT IS INCOME GENERATING FROM DAY ONE WITH INTEREST PAID ON DEPOSITED FUNDS. UPON COMPLETION YOU WILL RECEIVE 9% ANNUAL NET RETURNS FOR 5 YEARS.

No finders fee

Receive 9% NET perannum assured for 5 years

Premier self-contained one-bed studios available from £69,999

5% interest paid on deposited funds

125 year leasehold

Fully-managed, hands-off investment

Perfect town centre location close to two major universities

Student property continues to remain one of the best performing property sub-classes of the last 20 years. Its resilience to cyclical economic patterns has created a platform for investors of continued risk-aversion during the economic downfall: as student property values have stayed the same or increased, the number of accommodation spaces available to students is still failing to keep up with the growth in applications.

With international student mobility constantly increasing and new legislation limiting the amount of approved HMO (houses of multiple occupancy), purpose-built student property is proving to be a reliable source for secure investments.

In recent years, the demand for student accommodation has changed significantly.

Students want to live and study in an environment which will support their chances of successfully obtaining their degree, they want to ensure their university experience is the best it can be and will no longer settle for below average living conditions.

Orme House meets specific market demands and provides first class facilities within a convienient and modern, student accommodation environment.

No finders fee

Receive 9% NET perannum assured for 5 years

Premier self-contained one-bed studios available from £69,999

5% interest paid on deposited funds

125 year leasehold

Fully-managed, hands-off investment

Perfect town centre location close to two major universities

About student property How assets compare Growth of the sector

Total returns per for the year to September 20138%

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Student property is the perfect addition to any portfolio. With no cap on the number of students who can study in the UK and with numbers forecast to increase by 15% - 20%, it is a true long-term income-generating asset. Placed with traditional buy-to-let property, the sustainably high yield and hands-off qualities of student accommodation make it perfect for paying down other geared properties and keeping as an asset throughout retirement.

KNIGHT FRANK’S PROPERTY INDEX SHOWS THAT TOTAL RETURNS FROM STUDENT ACCOMMODATION HAS OUT PERFORMED EVERY OTHER PROPERTY ASSET CLASS SINCE 2011

3.24%RENTAL RETURNS

9.95%RENTAL RETURNS

3%RISE INRENTALS SEPT 2014

4%RISE IN STUDENT NUMBERS SEPT 2014

STUDENT NUMBERS

STAFFORDSHIRE UNIVERSITY

ORME HOUSE

SUPERMARKET

SHOPPING CENTRE

NEWCASTLE-UNDER-LYME

STOKE-ON-TRENT

KEELE UNIVERSITY

ROYAL STOKEUNIVERSITYHOSPITAL

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LocationOrme House is in Newcastle-Under-Lyme’s town centre and is just a short walk from the shopping centre, public transport, banks, bars, cinema and supermarkets.

A few minutes to Stoke-on-Trent, the location is within easy reach of the city’s many attractions. Boasting a premiership football club, famous attractions such as the Wedgwood museum and Alton Towers, there will never be a dull moment in the life of these students!

Orme House provides the luxury of being central to the town but also is within just 5 or 10 minutes from each of the two Universities of Keele and Staffordshire.

With a scarcity of new, quality accommodation, this already well developed town offers the perfect environment for investors in Orme House.

Keele University 5 mins

Staffordshire University 10 mins

Royal Stoke University Hospital 10 mins

Shopping Centre 2 mins

Supermarket 1 min

Town Centre 1 min

National Rail Station 10 mins

The Universities©

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KEELE

7,700 students

11% of students are from outside of the UK

Ranked 41 out of 119 (Guardian University Guide)

There are currently 8 applications per university space

Ranked 44 out of 121 in the Times Good University Guide

STAFFORDSHIRE

20,000 students

13% of students are from outside of the UK

Two campuses, one in Stoke-on-Trent and one in Stafford

Computing and entertainment technology degrees to move to Stoke-on-Trent

Ranked in the Times Good University Guide

One-bed studio Double bed

Desk, chair, wardrobe, night-stand

Sofa

High specification kitchen

Modern en-suite bathroom

Specification

Two-bed appartment Double bed in each room

Desk, chair, wardrobe, night-stand each

Sofa

High specification kitchen

Modern, shared bathroom

Communal areas Communal lounge

Reception area including DDA compliant reception desk with associated staff facilities, deliveries room and individual student post boxes

Study room

Gymnasium

Laundry facilities

General/cycle store

Management CompanyURBAN STUDENT LIFE – IS ONE OF THE LEADING STUDENT ACCOMMODATION MANAGEMENT COMPANIES IN THE UK.

USL is a complete, independent, full-service property development and management targeted at the student accommodation, PRS and educational sectors.

We aim to provide cost-effective solutions in an uncomplicated manner that will allow our clients to achieve performance, investment return and sustainable quality.

We aim to deliver results across a range of services within the student accommodation and wider educational sector. Our core activities are agency services (finding properties and end users), technical services (delivering properties) and operational and financial services (managing properties to optimise the potential developments).

OPERATIONAL MANAGEMENT

At Urban Student Life, we can provide full management services for any student accommodation property. This is supported by sales and marketing expertise targeted at the international student sector on both short and longer-term courses, providing greater opportunities to yield manage the property and thus produce higher returns.

www.urbanstudentlife.com

Reception and administrative duties

Enrolment of student wardens to support site-based teams

Checking in and out of all students at the beginning and end of tenancies

Inventory management

Apartment inspections, deep cleaning, repairs, renewals and redecorations

Cleaning and maintenance of common areas and shared facilities

Reservation and contract administration

Security and emergency management

Solving students’ occupational needs and issues

Day-to-day marketing

Overseeing summer lets

Control of rental voids and bad debts including legal action where necessary

The DeveloperWe are Abode.

We deliver exceptional, contemporary design with an unrivalled level of finish. We create accommodation that consistently raises the bar, guaranteeing that it is always in demand and more than capable of providing a return on your investment.

Our 35 years of experience in the construction and development industries perfectly equip us to design and deliver successful property in the commercial, residential, retail and student sectors. Our high standards in both construction and specification are the foundation of everything that makes Abode successful. It is these aspects that first draws clients to us, but it is our actual day to day work ethic and approach that makes sure that your every expectation is exceeded

Ashley Ladson, Director

Ashley graduated from Sheffield University with a degree in Mathematics and Management. He has 15 years experience as a developer main contractor, working across all main sectors including residential, retail, listed refurbishment projects and new build developments. Having worked his way up from site manager to lead roles, Ashley has experience from the bottom upward on construction and development projects.

F.A.Q.What type of development is it?

The development is a conversion of a Grade 2 listed building and adjacent new build. The location is very central to two leading universities providing an unrivalled accommodation option.

When will the building be completed?

Orme House is due to complete in September 2018

What are the projected annual returns?

There is a five year assurance of 9% net yield. This is because after the five year period, 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 three year period the rental income should continue at the same rate, if not increase, which will see the yield stay the same, or best case scenario, increase.

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. Most investors however usually hold on to their student property for the long-term as it provides a very high level of income for minimum effort.

What security is offered on my investment?

Deposit monies are held in escrow until draw down on build. If for any reason the development is not ready for the 2018 intake a 5% interest is paid on all your deposited funds until completion.

Are these units classified as “students pods”?

No. All the units are self-contained studio apartments, and 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.

What is the development address?

Orme House, The Orme Centre, Newcastle-under-Lyme, ST5 2RP

Does the assured rent exclude the ground rent?

Yes, excluding ground rent, this is £400 per annum.

Purchase processYour investment agency will assist you through the purchase process and can recommend a solicitor to act on your behalf and carry out the property conveyancing. You are free to appoint your own solicitor, however in our experience the purchase process is far smoother and faster when using a recommended independent solicitor who is familiar with the product.

Payment plan

£5,000 RESERVATION DEPOSIT

50% VALUE OF PURCHASE PRICEOn exchange of contract (within 28 days)

25% VALUE OF PURCHASE PRICEHalf way through build programme

REMAINING BALANCEon completion of the development

BUYERS RECOMMENDED SOLICITOR

Kam Singh & Mohamed Amir Patel DWS Legal14-18 Friar Lane, Leicester, LE1 5RAPhone: 0116 2999 199 (Option 0)

SELLER’S SOLICITOR

David Frankland DWF LLP1 Scott Place, 2 Hardman Street, Manchester M3 3AAPhone: 0333 320 2220

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1 After a full consultation process with your property advisor, a unit will be selected.

They will then prepare and send to you a reservation form for you to duly check, sign and return, accompanied with a reservation fee of £5,000, a copy of your photo ID and proof of residency i.e. a utility bill or bank statement (no older than 3 months old).

2 Both parties’ solicitors will be instructed and a legal contracts pack will be issued to your solicitor for review.

3 The contracts are sent to you for signature and at this time your solicitor will ask for the outstanding balance of purchase monies to be paid into their client account.

4 Upon receipt of your signed documents and balance of purchase monies, exchange and completion can take place. Your solicitor will then attend to registration formalities with land registry. This process should take no longer than 28 days.

Contact your sales adviser for full details, floor plans and reservation form.