Natex is a 566 unit student scheme with two blocks of 10 and 16 storeys comprising 472 clusters and 94 studio apartments.
The scheme is located in the heart of Liverpool and is a 5 minute walk from the University of Liverpool and Liverpool John Moores University. Strong demand expected from all students, especially postgraduates and overseas students.
Natex offers a variety of accommodation units, from cluster bedrooms to studios, offering choice for post graduate and older students, at a variety of price points.
Natex is located in the heart of Liverpool and is a 5 minute walk from the University of Liverpool and Liverpool John Moores University. Strong demand expected from all students, especially postgraduates and overseas students.
Each cluster pod contains an en-suite shower and toilet along with a study area. Each section contains 5 cluster apartments with access to their allocated communal lounge and kitchen area.
Where is Natex located?Located on Norton Street L3 8PY, Islington the former National express bus station.
Am I buying a freehold or leasehold interest?The title of the properties is 250 years leasehold registered with the UK Land registry.
When will the building complete?Completion scheduled for March 2021.
What are the projected annual returns on this project?Today’s current market rates will deliver a 9% NET yield. Buyers can opt for a 5 year assurance paying a circa 9% NET yield subject to appointing the recommended management company.
Is there a management company in place?Yes, Mount Group Management Ltd.
Is there an advantage to purchasing in the off plan stage?Early purchasers have the benefit of purchasing on average 10% below the projected market comparable.
Can I sell my property at any time?Yes. You can sell the property on the open market at any time after completion to capitalise on the appreciated value.
What happens after the 3 year rental assurance?You can retain Mount Group Management or change to your preferred company.
Is there an exit strategy?Investors can re-sell to the developer or to the local market.