A new property will launch on our platform in Live Funding at 10am next Wednesday 19 June.
Ramsay Place comprises 28 ensuite rooms and is located in Aberdeen. It will offer a dividend yield of 5.09% after all fees and costs and is leased to Robert Gordon University until 2031, which offers the highly sought-after benefit of having no void risk.
The lease includes annual rent reviews in line with RPI, subject to a ‘cap and collar’ of 3% and 5% (a lower limit of 3% and upper limit of 5%), so we can expect the rent to increase annually by at least 3% year on year until 2031.
Watch the video to hear Rob Weaver, our Chief Investment Officer, talk about what makes this such a great investment opportunity. And make sure you look out for our launch email next week!
Can’t wait until next week?
Ramsay Place, Aberdeen is currently available for investment to our premium clients.
Find out more about our Premium Services, and how you can get early access to new properties and benefit from reduced transaction fees.
Find out more about Purpose-Built Student Accommodation
Market update: The secret is out. Professional investors of all sizes from around the world have realised the appeal of the UK PBSA market and are eager to own their share of this popular asset class. Read more here.
Investing in PBSA in 2019: We’re excited about the direction the sector is heading, and how strong yields and potential growth of the market can make it an attractive opportunity for investors. Read more about the asset class here.
Capital at risk. The value of your investment can go down as well as up. The Financial Services Compensation Scheme (FSCS) protects the cash held in your Property Partner account, however, the investments that you make through Property Partner are not protected by the FSCS in the event that you do not receive back the amount that you have invested. Past performance is not a reliable indicator of future performance. Forecasts, if stated, are not a reliable indicator of future performance. Interest and capital returned may be lower than expected. Gross rent, dividends, and capital growth may be lower than estimated. 5 yearly exit protection, exit on platform, exit in line with a specific investment case or fund strategy, subject to price and demand. Property Partner does not provide tax or investment advice and any general information is provided to help you make your own informed decisions. Customers are advised to obtain appropriate tax or investment advice where necessary. Financial promotion by London House Exchange Limited (No. 8820870); authorised and regulated by the Financial Conduct Authority (No. 613499). See Key Risks for further information.