Bristol Post - 20 February 2015
Instead of watching thousands of pounds trickle away over three to five years in rent, parents are helping their children on to the property ladder and generating rental income by letting out rooms to other students.
Apartments at The General – in the converted Bristol General Hospital – offer the ultimate luxury pad for students to call home.
Built by heritage developer City & Country, the Whathouse? House Builder of the Year, the apartments are within walking distance of Bristol University and benefit from a City centre location, while the vibrant night life of Bedminster is also nearby.
Vicky Dudbridge of selling agent Savills, said “We have seen a marked increase in the demand for student properties by parents from the UK and abroad. Parents from abroad often see the advantage of investing in property while their child is at university in a new country; the immediate rental cost saving while benefiting from market and economic growth makes for a great incentive.
There is excellent capital growth potential investing in Bristol, particularly in a property like The General. The highly renowned University of Bristol draws in a wide range of wealthy UK and overseas investors and its continued placing in the top ten of UK universities is sure to increase this demand further”.
The apartments offer a blend of unique period features and striking, contemporary interiors, including video entry. Neff appliances, Ballerina kitchens and bathrooms by Laufen.
Located in a prime waterfront setting, many of the apartments boast views of the water from private terraces.
Properties, priced from £315,000, are available off plan with first completions due in March.
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