Our partners Smartlands are offering a purpose-built student accommodation (PBSA) block in Nottingham, UK containing 124 student apartments is currently available for investment on the Smartlands Platform. Nottingham hosts two universities one of which (Nottingham Trent University) is within a short walk to the property. The apartments are studios with en-suite bathroom that are in high demand. Construction of the property completed in Q3 2018 and it is fully occupied for this academic year.
Purpose Built Student Accommodation is traditionally a strong and stable investment and, in this case, provides both dividend income (over 6% expected per year) and capital growth. Nottingham has two top tier universities and has significant demand for student accommodation. It is expected to withstand the effects of Brexit volatility due to its strong academic performance and global status, which means it will likely continue to attract students from both the UK and abroad.