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- Cormorant House, Manchester Road
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Cormorant House is a brand new purpose built student accommodation development comprised of 168 luxury studio apartments in the heavily undersupplied town of Huddersfield.
A sound investment proposition, investors receive 9% NET returns p.a. for five years, with zero ongoing maintenance or management costs.
The development will offer its student residents an exceptional living environment, with high quality finishes, generous communal spaces and a variety of facilities. The reception area ensures a safe and secure living space; something which is extremely sought after with today's modern, discerning student. Communal areas provide comfortable spaces for students to socialise and study, while private rooms offer personal space and the opportunity to concentrate. Additional amenities within the development include laundry facilities, communal games room, TV suite and full equipped gymnasium; plus on-site car parking.
Situated next to Kirklees College campus, and less than half a mile from the University of Huddersfield, Cormorant House is perfectly located to provide much needed student accommodation to Huddersfield's growing student population. There are currently around 48,000 students in the Huddersfield area attending four major educational institutions, and a gross undersupply of purpose built student accommodation. For this reason Cormorant House is expected to benefit from exceptional demand and high occupancy levels.
Investment in Huddersfield is becoming increasingly popular; as the town is a central part of the UK's Northern Powerhouse and boasts outstanding transport links to major northern cities such as Leeds, London, Manchester and Sheffield. The Cormorant House development presents a unique opportunity to take advantage of the region's growing reputation and increasing demand for high quality purpose built student accommodation.