Axiom Student Studio
Overview
We are delighted to present Axiom, a purpose built student development in Hanley, Stoke-On-Trent, consisting of 161 studio apartments. Ideally located in an area that is very popular with students due to the Shopping Centre, nightlife and being in proximity to Staffordshire University, Keele Uni and the Royal Stoke University hospital.
Axiom is primarily targeted at students however, the developer, Abode, maintain their relationship with the NHS to provide accommodation to junior doctors and nurses; of which they have expressed interest to take on accommodation here once complete.
Investment Highlights:
Invest from £79,999
Purpose-built student accommodation.
Fully furnished (No TV).
10% NET Rental assurance for 3 years excluding ground rent.
4% interest on deposited funds.
30 Car Park Spaces available 5k each.
Super fast WiFi (Line directly to the building).
Abode are achieving 98% occupancy across all Staffordshire PBSA (Over 650 apartments).
High-spec communal facilities: Lounge/Games Room, GYM, Study Rooms on each floor, Electric Car Charging points.
Investment Breakdown:
125 Year leasehold.
£350 Ground Rent per annum.
10-year build warranty.
Estimated Completion: Q1 2025
Market Key Facts:
Average property prince in Stoke-On-Trent: £168,428.
Stoke-On-Trent is home Staffordshire University with a student population of over 15,000.
Average annual rental yield in Stoke-On-Trent: 5.67%.
More than £2bn to be invested into the area including large multi-nationals such asJaguar Land Rover and Amazon.
Price range:
Studio apartments starting £79,999
Q3 2024 completion
Payment Plan
Complete a reservation from to secure the unit and provide Certified
ID, Proof of Address & Proof of Funds.
Pay a £5,000 non-refundable reservation fee
Exchange contracts 50% of balance less reservation fee
25% - 6 months after exchange of contracts.
Balance on completion minus the interest accrued.
Amenities
Risk management & compliance, when approached strategically, have the potential
- Student studio
- Stoke on Trent
- Invest From Just £79,999
- 10% NET Contractually Assured For First 3 Years
- 4% Interest On Deposited Funds
- Fully Managed By Student Lettings Specialist (98% occupancy)
- Strong Developer Track Record
- Experienced Property Management Team