Project

Project Details

Project Name

:

One Hockley

Project Location

:

Nottingham, NG1 1FH

Country

:

UK

Owner & developer

:

Alpha Student

Completion Date

:

July 2014

Project Type

:

Student Residential

Project Contains

:

72 en-suite rooms, 59 self contained studios, 7 storey building with retail unit on ground floor.

Number of Flats

:

131

Flats Type

:

Studio and en-suite rooms

Average flat size

:

From 13 M2 to 20 M2

Services               

:

Porterage

Project Views

:

Street and Garden views.

Facilities & Fees

 

 

 

Maintenance Fees

:

Management and service charge  GBP 1,400 per year

Ground rent GBP 500 per year

Sell-Buy Tax

:

0%

Stamp Duty

:

0%

Type of investment

:

Leasehold 999 years

 

 

 

Average Price

:

 

 

 

Unit Type

Minimum Gross size M2

Maximum Gross size M2

Minimum Price

GBP

Maximum Price

GBP

En-suite

13.1

14.5

46,240

46,240

Studio

19.5

20

63,865

63,865

 

 

Payment Methods

 

Payment

GBP

Reservation Fee

500

Exchange deposit

50%

Completion payment

50%

 

 

The Developer

 

:

 

 

ALPHA STUDENT,

 

A joint venture partnership between Alpha Student, Urban Study and Union Hanover.

Urban Study is a new niche development and investment company that specializes in delivering innovative, functional, design led buildings uniquely to the student sector. The team at Urban Study have over 20 years experience in the property investment industry with senior management previously holding board level positions at some of the UK’s most prestigious organisations including Hamptons International.

 

Union Hanover Securities (UHS) is a boutique UK property development company. UHS’s focus is student housing, hospitality and residential development. The management team at UHS have over 10 years industry experience gained working with major development and professional service companies within the UK property sector including Jones Lang La Salle Hotels, Gerard Nolan & Partners, King Sturge LLP and Galliard Homes.

Senior members of the team were pioneers in the UK unitised industry and have been involved in some of the UK’s most prominent utilised development schemes including the Park Plaza Hotel at Westminster Bridge which consists of over 1000 hotel units and is the largest and most successful example in this sector.

UHS is currently co-developing a 116 unit student accommodation scheme with retail premises in Glasgow and a 244 bed luxury hostel in Liverpool.

 

 

Nottingham, UK

:

Nottingham Values

 

  • Rich History
  • Vibrant Nightlife
  • Popular shopping scene
  • One of fastest growing cities in UK for job creation.
  • One of England 8 core cities.
  • Population of 650,000
  • Home to the headquarters of some of UK largest companies.
  • Located in East Midlands
  • M1 motorway
  • 2 large Universities
  • Over 52,000 students in Nottingham

 

 

Distances

:

  • Situated in Nottingham City Centre
  • Directly opposite the Capital FM Arena
  • 0.6 miles to Nottingham Trent University
  • 0.7 miles to Nottingham train Station
  • 0.9 miles to Nottingham Castle
  • 1.3 miles to the City Ground, Nottingham Forest FC Football Stadium
  • 2.5 miles to the University of Nottingham
  • Nottingham Trent University and Nottingham Train Station both within 10 minutes walk.
  • City Centre restaurants, bars, shops and cafes on your doorstep within a 5 minute walk.

 

 

Surrounding Area

 

 

:

 

 

  • West Midlands of the UK
  • 2 hours to London
  • Beautiful countryside
  • Easy access to the North of England
  • Access to Nottingham East Midlands Airport
  • Easy access to Birmingham and Manchester.

 

What is a boutique student residence?

 

 

 

 

 

 

 

Why invest in Student Property?

 

 

 

Boutique student residences comprise of high-tech, self contained and en-suite study rooms, which are centred around a shared living room and kitchen and are fully managed and maintained. They cater to the tastes and expectations of international and postgraduate students who generally pay more for their accommodation than the average student

  • Greater rental yield than standard residential investment
  • Guaranteed rental yields (in certain schemes)
  • Strong annual income and capital appreciation
  • Greater flexibility of investment with smaller units
  • More diversified investment
  • Hassle free  fully furnished and managed
  • Secured deposits
  • Supply shortage
  • Driven by extremely high occupancy rates
  • Proven investment model with strong growth even through recession
  • No VAT or Stamp duty to pay on acquisition
  • No council tax to pay.

 

 

 

           

 

 

What's in an apartment

 

:

 

Ø  Double or 3/4 bed with under bed storage

Ø  Each bedroom has an en-suite bathroom

Ø  Electric towel radiators

Ø  Broadband connection to every bedroom*

Ø  Study desk with cupboard

Ø  Fitted carpet and curtains

Ø  Fitted wardrobes

Ø  Convector radiators

Ø  Book shelves and pinboard

Ø  Bedside wall light

All apartment lounges are provided with a 42 inch colour TV in clusters - Licence fee pre paid.

 

All kitchens are fully fitted and contain...

Ø  Fridge and freezer

Ø  Cooker with extraction fan

Ø  Microwave

Ø  Dishwasher

Ø  A vacuum cleaner for each apartment

Other:

Ø  Large laundry facilities with tumble dryers

Ø  CCTV and security phone entry system

 

 

 

 

 

 

 

 

 

 

 

 

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    Project Brochure

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    12/08/2012

    One Hockley Brochure