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We are delighted to offer investors the chance to invest in student accommodation in a city that is home to one of Europe's largest student populations.
Located in the vibrant city of Manchester, Riverside House offers investors a superb opportunity to achieve excellent yields of 9% and above. The rental guarantee of 9% is offered for the first year whilst the project is established.
Priced at just £54,000, these modern en-suite student rooms are fully furnished and will be managed by a professional national operator. Should investors wish, they can take up the option of a buy back at year 5 when they will receive a 10% profit on the purchase price.
Location is always important and Riverside House enjoys a central riverside location in the city, ideally located just 0.5 miles from the University of Salford, less than 1 mile from Manchester city centre and just a short journey from the University of Manchester and Manchester Metropolitan University.
Riverside House will offer a range of facilities making it extremely attractive to students, including a bar, cafe, gymnasium, laundry and shop. It will also offer students access to high-speed broadband, which is essential for study and also access to satellite television. Riverside House will incorporate a communal kitchen and common room for every cluster of 3-7 rooms in addition to these excellent communal facilities.
Manchester has the largest student population in Europe with over 100,000 students, representative of 20% of its total population.
The University of Salford has approximately 35,000 students of which 21% are from overseas. The university has limited accommodation and have stated that they have an immediate requirement for 2,000 student bedrooms to meet demand.
The University of Manchester has a large student body of approximately 39,732 students, attracting 58,000 applications in 2011, making it the largest single site university in the UK and has an outstanding international reputation, with around 21% of its students originating from overseas. The university is currently undertaking the largest ever investment programme for a UK higher education facility, with over £400 million invested to-date, with plans for a further £250 million to be invested by 2015.
Manchester Metropolitan University is the largest campus-based undergraduate university in the UK with a total student population of in excess of 37,000, receiving more than 56,000 applications in 2011. The university is one of the most extensive education centres in Europe and the university is currently investing £350 million to improve its buildings and facilities further.
Availability is strictly limited, therefore investors are advised to act promptly to avoid disappointment.

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