Studio flat for saleThe Pavement, Popes Lane, London, W5
Under Offer £248,505
Off-plan new build with 77-units
Purpose built student accommodation
Self-contained studio apartments
Luxury high end development with a suite of concierge services offered to students
Completion scheduled for Q4 2017
University of West London - 0.53 miles
South Ealing Underground Station - 0.32 miles
Acton Town Underground Station - 0.90 miles
Ealing Broadway Railway & Crossrail Station - 1.04 miles
5% rental return
5 year rental assurance
Income paid quarterly in arrears
10% deposit on exchange of contracts
£3000 Reservation Fee
10% On Exchange (less reservation fee)
90% On Completion.
Demand for Purpose Built Student Accommodation in London
London has a student population of more than 365,000
4% of London's population is students
London is ranked in the top tier of Savills' Development League Table marking the capital as one of the top cities in the UK for the potential development of student accommodation
Students in London elect to pay rental rates up to 56% higher than comparable hmo's for Purpose Built Student Accommodation
London is home to 40 universities, one of the highest concentrations of Higher Education Institutions in the World
There are only 70,000 purpose built beds in London
London has a severe under supply of student accommodation
International students, who are the target market for The Cube W5, are worth more than £2.3 billion to London's economy.
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