trinity place, leeds - benoit properties

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Introducing Trinity Place, Leeds

Prime City Centre location

Floor Plans

Project Team Frequently asked Questions

UK Student Accommodation

Why Leeds?

Purchase Process

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IntroducingTrinity Place, Leeds

Trinity Place Leeds, is a brand-new investment op-portunity ideally positioned only 10 minutes walk from the University of Leeds.

Meeting the needs of the modern upmarket stu-dent, Trinity Place comprises of 94 purpose built en-suite, studio and one bedroom student apart-ments complimented by large social rooms, a fit-ness gym and B.B.Q area.

Trinity Place is widely anticipated to become one of the most sought after residencies in Leeds.

High Specification Student Accommodation

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Why Invest?• Fully-furnished, self-contained apartments with private kitchens and bathrooms.

• Three year 8% NET rental agreement in place.

• 10 minutes walk from University and Leeds City Centre.

• Built by experienced contractor APP Construction.

• Brand new complete with social room, fitness gym and B.B.Q area.

• Fully managed and hassle free for investor buyers.

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UKStudentAccommodation

“Student housing was one of the best performing sectors during the global economic downturn”

The latest UCAS figures show that University acceptance figures for 2015 have been at their highest level ever, in-creasing 2% against 2014.

Furthermore, the UK remains one of the Worlds most recognised and sought after locations in which to study. University applications from overseas students outside of the EU has risen by 20% since 2011.

David Willetts, MP and Minister for Universities and Science, has made clear that government policy is set to encourage the predict-ed rise in international students.

It is widely recognised that students and parents alike prefer pur-pose built student accommodation (PBSA) above second hand houses or houses of multiple occupancy (HMO’s). A major driver for the development of PBSA is a demand from overseas students.

Savills

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That being apparent, HMO’s still provides the majority of student housing across the UK.

In Leeds specifically, PBSA contributes to less than 10% of student housing supply forcing almost 75% of the student population into second hand houses and HMO’s. (Knight Frank).

With more and more young people going to university along with a chronic undersupply of ac-commodation being built, student property has proven to be a stable yet high performing asset class for investors looking for long term income generation.

Direct investment in the UK student housing market has surged over the past two years, rising from under £500 million in 2010 to £3.8 billion over the first half of 2015 (JLL).

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Trinity Place is located in Woodhouse

A student suburb of Leeds, approximately one mile out of the city centre. Close to both the University of Leeds and Leeds Metropolitan University campuses, Woodhouse is a very popular place to live for students and post graduates.

Woodhouse has had a vibrant community of long-term residents for years and has held on to many of its traditional advantages - local shops, local cinemas, a village atmosphere, and many green spaces.

University of Leeds | 0.6 miles

Leeds Metropolitan University | 0.9 miles

Leeds City Centre | 1.2 miles

Leeds Train Station | 1.6 miles

Trinity Shopping Centre | 1.5 miles

Headingley Rugby and Cricket Stadium | 1.3 miles

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WhyLeeds?

The UK’s third largest City

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The city has strong education appeal with Leeds University being Russell Group accredited and international students from over 142 different countries.

Leeds is regarded as one of the finest shopping destinations in the UK reinforced by the recent opening of Trinity, a £350 million retail development in the heart of the city centre.

Leeds has the largest financial services centre outside of London generating annual revenues of over £13 billion.

As well as being a major financial services hub, Leeds is also the UK’s most important legal centre outside London with over 180 law practices including global lawyers such as DLA Piper and Eversheds.

Largest and fastest growing workforce of any UK region. Projected to grow by 51% between now and 2022.

Leeds enjoys superb transport links to other key cities including London; And significant on-going demand for high quality private rental property.

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Floor PlansEach studio unit at Trinity Place is equipped with its own en suite shower-room facilities, integral kitchens, work stations and beds. All rooms are designed specifically to match all undergraduate, postgraduate and international students needs.

Specification • Three quarter bed with mattress.

• Workstation with study chair.

• Shelving and drawers.

• Kitchenette with fitted oven, hobs and sink.

• En-suite bathroom with shower cubicle, vanity sink unit and toilet.

• Carpet, blinds and light fittings.

• Internet with hi speed Wi-Fi or Ethernet connection.

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Apartment Choices • En-suite Cluster apartments from £55,995.

• Studio Apartments from £69,995.

• 1-bed apartments from £82,000.

En-suite Cluster apartments

• Rent of £130pw for 48 weeks

• Purchase price: £55,995

• Approx. annual rent: £6,240

• Approx. service charge and management: £1,454

• Ground rent: £300

• NET income: £4,486• NET yield: 8.01%

Studio apartments







1 bed apartments







Example financial projections

Net income assured under contract for first 3 years at 8%. 13.

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Speak to your designated property consultant.

50% of the balance is payable upon ex-change of contracts (-£5000 deposit).

Choose your apartment and pay the deposit of £5000.

30% of the remaining balance pay-able three months after exchange.

Solicitors are instructed and the legal documents sent out to you.

Remaining 20% payable upon completion of the development.

Purchase Process

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Established in 2005, Benoit Properties International are the trusted source and number one choice for property acquisition across a range of global markets. As sales and marketing partner at Trinity Place, Benoit bring together over 25 years of combined experience delivering exceptional customer service alongside accurate and up-to-date market knowledge.

Niche Homes Ltd is a leading residential property management company that specialises in the management of purpose-built accommodation and owns its own large private property portfolio. Niche Homes take the everyday stress and strain out of property management and provide bespoke management services to property owners, investors, and developers.

APP Construction Ltd based in Leeds, are one of the UK’s fastest growing construction companies having successfully undertaken over £10.0m worth of contracts over a number of different sectors. APP have quickly built a name as being a professional and ground breaking construction company.

APP’s approach is simple: Projects delivered “On Time”, “On Budget” and “To the highest possible specification”.

Project Team

FAQWhat is the address of the site?

Woodhouse Street, Leeds, LS6 2NY

Quarterly in arrears, direct into your bank account from completion

When is my rental income paid?

August 2016.

When is the scheduled completion date?

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Am I buying as freehold or leasehold?

125 years leasehold.Ground rent is £300-£360 per annum. This is included within the 3 year rental assurance.

How much is the ground rent?

8% NET returns for three years.

What are the projected annual returns on this project?

No, you can sell the apartment on the open mar-ket at any time.

Are there any restrictions if and when i want to sell?

Yes, the designated management company will be Niche Homes, who will let and block manage the building.

Is there a management company in place?

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These particulars are provided as a general guide of what is being offered subject to contract and availability. These particulars are not intended, nor do they contain, any representa-tion of fact upon which any interested party is entitled or should rely. Consequently this information should be treated as a general guidance and cannot be relied upon as accurately describing any of the Specified Matters described in any Order made under Consumer Protection from Unfair Trading Regulations Act 2008 (CPR), the Business Protection from Mis-leading Marketing Regulations 2008 (BPR),.

All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or leasees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. The information provided is intended for illustrative purposes only and could change for example, in response to market demands or ground conditions.

The developer reserves the right to amend the specification as necessary without prior notice, but to an equal standard. Please note that whilst current views may be unrestricted these could alter in the future. No person in the employment of our selling agent and representative has any authority to make any representations or warranty whatsoever in relation to the property.

BROCHURE IMAGES - CGI’S & INTERNAL IMAGES: Computer generated images are for illustrative purposes only and the external appearance may be subject to variation upon completion of the project. Internal images are for illustrative purposes and the internal appearance is not representative of a Portrait London interior or specification .

FLOOR PLANS: Layouts provide approximate measurements and are for illustrative purposes only. Dimensions are taken from the architects drawings and tolerances may occur with the as-built product, therefore floor plans should not be used for purchasing items such as furniture or carpets.

trinity place, leeds - benoit properties

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