Rental guarantee 7.5% per annum for 2 years and cashback during construction 5% per annum.
Braefoot House comprises 83 fully furnished, purpose built, studio apartments, sited adjacent to the University of Edinburgh King’s Buildings Campus. The second phase of development will deliver a further 83 apartments within an additional block.
The key focus for this build was to create high end design, both externally and internally, whilst ensuring that the accommodation was both comfortable and practical for student living; and this is exactly what has been achieved.
The impressive stone and glass exterior is a welcome addition to this suburb’s landscape, and is just the start of the outstanding design that sweeps through the development.
On entering the building there is a modern reception area set upon high gloss floors, and the superior quality finish and attention to detail here sets the tone for the rest of the building.
Internally, each apartment provides comfortable living accommodation and well-designed study areas, as well as a fully equipped kitchenette and a contemporary bathroom suite.
Residents of Braefoot House will benefit from the many communal areas within the building which include a laundry and a large lounge/cinema, which
is also home to a well-equipped games room. Outside, amidst the beautifully landscaped grounds there are also cycle storage facilities for 100% of residents.
Additionally, on each level students will have access to Apple computer rooms providing further study space equipped with the latest technology.
For students, a studio apartment in Braefoot House offers an idyllic location, stylish interiors, and the perfect living space to study and socialise.
Braefoot House is set within an affluent suburb of Edinburgh, just 1.5 miles south of the City’s centre.
Close to the picturesque Inch Park, the medieval Craigmillar Castle and two beautiful golf courses, residents can’t help but be impressed by the historic buildings and stunning green spaces that surround the development.
However, the most appealing feature when it comes to location is the fact that Braefoot House is perfectly sited for students attending the University of Edinburgh.
This is especially true for those students within the University’s Engineering and Science Campus (King’s Buildings Campus), which is just a 5 minute walk
from Braefoot House. The close proximity to this campus makes this accommodation highly desirable for those students based at the King’s Building.
Furthermore, from King’s Campus, the University provides a free shuttle bus service right into the City centre, which is just a short journey away.
This shuttle bus means that not only can Braefoot House residents benefit from living next door to their University buildings, but they also have easy access to the City of Edinburgh for work, study and socialising.
Locally there are many amenities both on and off campus including a large supermarket within walking distance and a variety of shops and cafés within the Cameron Toll Shopping Centre. There are also excellent public transport links within the area, with regular buses as well as two major train stations less than 4 miles from the development which provide excellent links across the UK.
Students in Edinburgh
The University of Edinburgh is ranked within the top 20 universities in the world, and its excellent reputation means it is an extremely popular choice for students, with in excess of 35,000 students currently studying there.
Edinburgh as a city also acts as a great pull for students as there really is something for everyone; from its enviable nightlife, to its beautiful architecture, visitors and residents alike can always find something to intrigue and excite them within the region.
The City centre also boasts a large array of shops, restaurants, cafes and leisure facilities, and of course, it is also the home of the Fringe Festival, the world’s largest international arts festival.
Edinburgh is a city that is simply brimming with culture and opportunity, and provides the perfect base for students wishing to access a world class education from the University of Edinburgh.
The university’s great reputation and the excitement of life within Scotland’s capital city means there is a high demand for student accommodation. In particular, students are seeking well managed, purpose built, contemporary living, such as that provided by Braefoot House.
The construction of this development will commence in Q1 2017 with a completion date of Q4 2017.
On completion there will be 83 high end studio apartments, each with a net size of between 18m2 and 22m2. These studios will be sold fully furnished, and all of them will be equipped with high quality fixtures and fittings. Additionally, for peace of mind, as a brand new development the entire building will be covered with a 10 year CRL build warranty.
Each of these luxury studio apartments will be sold on a freehold basis, and as a result buyers can benefit from the fact that there will be no annual ground rent charged.
The apartments will be fully managed by the extremely reputable management company USL, an organisation which specialises in the management of student accommodation. There will therefore be an annual management fee of £1500, which includes the service charge for the property.
Prices for these highly desirable studios will start from £99,500, with each studio being sold with a 2 year guarantee of a 5% yield; making Braefoot House an attractive investment opportunity.