•CASH BUYERS/INVESTMENT ONLY •100% freehold investment •Prices starting from £107,800 •Unbeatable location – Less than 0.5 miles from Edinburgh Universities Kings Campus Buildings •Successful and proven developer •Fully furnished and managed •Entirely self-contained studios •Immense demand for student housing
Edinburgh is one of the fastest growing and most productive cities in the UK. It’s highly skilled workforce, competitive costs and unrivalled quality of life make the city increasingly popular with international investors.
It is the UK’s most educated city, with 4 Universities and over 50% of the workforce holding a university degree. Many global financial services businesses base their Headquarters in Edinburgh and the city’s technology industry is rapidly growing. In 2015 it was named the best place in the UK to live in by comparison website, uSwitch.
Its current population, which has grown 9% in the last 10 years, makes up about 9% of the entire Scottish population. This in turn is having an immense impact on the supply and demand of housing in the city.
Rents in Edinburgh are climbing due to the huge demand from students and professionals wanting to live in the city. The average rent has risen 25.3% in the last 5 years, and continues to climb as demand far outstrips supply.
In fact, Edinburgh is number one for student investment in the UK, with yields higher on average than anywhere else in the UK! Outperforming other typical student cities such as Oxford, London and Cambridge.
Competition is so fierce for student accommodation in Edinburgh that housing has never been more in demand. As the universities continue to offer more courses and places, increasing numbers of students are drawn to the city, desperately seeking a place to call home during their studies.
According to a recent report featured in the Edinburgh Evening News in 2015, students are facing a ‘cut-throat race’ to get accommodation, and on average, as many as 30 students compete for every single accommodation unit available! This is why Aspen Woolf is especially eager to introduce Braefoot House to our investors.
Braefoot House will be made up of two phases totalling 172 executive student studio apartments, set just 100 metres from Kings Campus Edinburgh University. Not only is it incredibly located to satisfy the massive demand for student accommodation in the city, but it’s also in one of the most affluent suburbs of Edinburgh.
Phase 1 of Braefoot House will comprise of 83 fully self-contained studios delivered to the highest standards. The contemporary building design will have glass curtain walling to upper floors and rear elevations. All remaining apartments have brilliant floor-to-ceiling windows providing plenty of natural bright light to the modern living environments.
Tenants will be able to enjoy the on-site break space, separate laundry facilities, and the abundance of outdoor space, creating a relaxed and pleasant environment to live. Braefoot House will also come with separate bike storage, great games room complete with lounge and cinema, Apple computer rooms at each level for study sessions, landscaped gardens for enjoyment in the summer, and reception for everyday help and security.
This development has the added advantage of being 100% freehold, a benefit not easily found in England. These entirely freehold studios start at just £107,800, all apartments come fully furnished and fully managed, creating an entirely hassle-free rental process for investors. Due to the demand and location we anticipate this development to sell out quickly. To learn more about Braefoot House please fill out the form on the right today
Braefoot House Tenants Will Enjoy: •Lounge •Cinema •Games Room •Manned Reception •Office •Apple Computer Rooms at each level •Cycle storage •Laundry •Landscaped gardens
Apartment Specification: Apartments are built to the highest standards with glass curtain walling to upper floors and rear elevations. All remaining apartments have brilliant floor-to-ceiling windows providing plenty of natural bright light to the modern living environments.
Included Kitchen Appliances: •Microwave Combi Oven •Fridge/Freezer •Ceramic Hob
Free Furnishings Include: •Double Bed •Wardrobe •Waste Paper Bin •Mirror •Desk •Swivel office chair •Pinboard •Window Blinds •2 seater table with 2 chairs •Coat Pegs
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