Vita Student Portswood Brochure

Vita Student Southampton, Portswood Due to student and investor demand, Vita Student returns to Southampton

Vita Student Portswood

As you will know following Vita Student’s continued successes, we changed the investment model in order to retain the brand’s assets.

This meant all future developments and yields were to be part of a build-to-hold model.

We stopped marketing Vita Student, but you, our most passionate investors, continued to express a phenomenal appetite for the market-leading brand and its proven investments.

Given this ongoing demand, and our appreciation of your portfolio needs, we have taken the commercial decision to remove Vita Student Portswood from our build-to-hold pipeline and offer it to our retail investors.

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Select Property Group presents to you Vita Student Southampton, Portswood.

700+ sq.m of state-of-the-art community facilities including private study rooms, tiered DJ booth and integrated restaurant

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The brand’s second residence in Southampton – a city with proven and oversubscribed Vita Student demand

You asked and Vita Student delivered

6.5% NET Minimum rental return assured for 5 years

£119, 000 – £ 216, 000 Prices from £119,000 to £216,000

£5,000 Reserve for just £5,000

THE AWARD-WINNING INVESTMENT IS BACK. THE PROVEN MODEL HAS GENERATED OVER £19 MILLION IN RENTAL RETURNS FOR OUR INVESTORS SINCE 2014. NOW, DUE TO POPULAR DEMAND, VITA STUDENT RELEASES ITS 15TH RESIDENCE.

1.5 Y R

Spread your payments over the construction period

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Vita Student Portswood

A SECO N D SITE I N A F I R S T- C L A S S L O C AT I O N

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Map of Southampton

The second site in Portswood is strategically located to enable the brand to better serve students studying at both Southampton’s two universities.

Portswood

Vita Student Portswood

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40,000 45% 28.2%

Vita Student Richmond House 3

There are 40,000 students and two universities in Southampton. These universities are a significant distance apart.

University of Southampton

Southampton Common Southampton is often called the “Green City”. The largest open space is the 148 hectare Southampton Common.

Vita Student’s existing development, Richmond House, is very close to Solent University.

Despite this, 45% of our current residents commute to the University of Southampton.

Furthermore, our waiting list includes students from both universities.

28.2% of the University of Southampton’s 23,000 student body is from overseas, with almost 50% of those from China, Malaysia and HK, popular markets for Vita Student.

City Centre This area is popular with students of Solent University.

It has a higher concentration of PBSAs because of easier site acquisition.

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The ongoing success of Vita Student in Southampton

OTHER POINTS OF INTEREST

There is considerable appeal for Vita Student’s premium offering in Southampton. The brand’s first residence in the city, Richmond House, has operated at 100% occupancy since opening. Its success has resulted in many more students wanting to live with us than current occupancy allows:

The new development will further the brand’s leading reputation in the city and serve a whole new market of international University of Southampton students more efficiently, continuing this investment success.

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ITCHE

Fully sold to investors in 2014 Rents have increased year-on-year by 5% Resales earning an average of 7% capital appreciation per annum Waiting-list demand from students

Richmond House

TH

E S OL EN T

RIVER

• • • •

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3

4

University of Southampton 9 mins walk Local shops/bars/ restaurants/cafes/banks 2 mins walk St Denys train station 8 mins walk Solent University 25 mins walk

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Vita Student Portswood

Vita Student Portswood

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Southampton Common University of Southampton

T H E O N LY H I G H - Q U A L I T Y PBSA IN P O RTSWO O D 6 minute walk, 0.6 miles

• Portswood is the most popular area among University of Southampton students • But providers find it difficult to acquire a scalable site here as it’s a predominantly residential area • Only Vita Student provides high-quality student accommodation for students in this sought-after location

Portswood High St

Vita Student will benefit from a restricted supply of future accommodation.

Sainsbury’s

Because of the high volume of students, in May 2016 Southampton Council adopted the Article 4(1) law to limit the number of ordinary homes students can live in. It wants students to live in high-quality purpose-built student accommodation (PBSA), which frees up ordinary housing stock for local families.

As the only PBSA in the Portswood area that students want to live in, this will increase the future demand for our new and approved development.

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Vita Student Portswood

V I TA S T U D E N T P O RTSWO O D

Vita Student Portswood

COMBINING CLASSIC ENG LISH RESID ENTIAL AND INNOVATIVE STUD ENT EX P ERIENCE

Vita Student Portswood is an attractive and vibrant student community based around a central feature courtyard. It is landscaped to provide an impressive focal point and outdoor retreat.

To reflect the site’s outstanding location, master architects were tasked to create a “best in class” institutional grade property. A new standard is consistent throughout all elements of the design and specification.

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The residence provides hundreds of much-needed bed spaces across both Grosvenor House and Belmont House.

Belmont House respects the tree-lined aspect of the setting and is a classic threestorey addition to Portswood.

Grosvenor House is the sixstorey home to the Vita Student Hub and a fuller variety of studios.

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Vita Student Portswood

T H E U K’S F I N E S T S T U D E N T FAC I L I T I E S Vita Student’s award-wining community is built around its iconic hub spaces. Vita Student Southampton, Portswood’s Hub will deliver the most impressive to date: The first Hub with a DJ booth for events

Integrated restaurant

Tiered cinema room with projection screens and popcorn machine

Huge central sofa and fire place for watching the big screen

A mix of dedicated group work areas including quiet and collaborative spaces

All the usual Vita Student standards: a gym, fitness class studio, laundry, pool, and an air hockey, Xbox, PS4, games room

A private dining room that has access to a raised, outdoor terrace

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VS LIGHT STUDIO Vita Student Portswood

Designed to offer a new price point for the many Southampton students who want the Vita Student experience.

PROPERTIES AND FLO O RPL A NS Vita Student Portswood represents the latest evolution of our studio offering. We providevarious levels of accommodation, tailored to each student’s requirements.

VS STUDIO The most popular studio type in our existing operational residences.

Often favoured by domestic and first-year students.

PREMIUM STUDIO Large enough to accommodate two students, these studios occupy some of the prime end unit plots within the floorplate.

These units are very popular with overseas students.

• King-sized bed • Island breakfast bar • Chaise lounge in comfortable seating area

DELUXE STUDIO The ultimate Vita Student offering for one or two people - if let to two, investors receive an additional 25% rental premium. These units offer the best views of the courtyard. Post graduate students often desire the largest units.

• King-sized bed • Dining table • Corner sofa

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Vita Student Portswood

Vita Student Portswood

I N V E S T I N G I N V I TA S T U D E N T P O RTSWO O D

5 -Y E A R R E T U R N O N I N V E S TM E N T Below are three market projections of your total returns with Vita Student Portswood: Conservative

Price (£)

Pre-completion

147,000

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Year 1

158,760

Year 2

• Contractually assured for 5 years • Prices from £119,000 - £216,000

All Vita Student Portswood properties provide: • A minimum 6.5% NET yield

The Vita Student brand has consistently achieved strong returns and delivered yields up to 9% in some operational developments.

PAYMENT PLAN All Vita Student studio variants are available to you, enabling you to choose the price point that most suits your portfolio needs.

We can offer you a staged, 1.5 year payment plan.

Prices from: £119,000

H O W YO U R 6 . 5 % NET MINIMUM YIELD I S C A L C U L AT E D Estimate based on an average property price of £147,000 Weekly rent

£222 pw

25% on exchange of contracts – 30 days after reservation

Number of weeks

51

25% on 1st June 2017

Gross annual income

£5,495 reservation and admin fee

Balance, less reservation fee, due on completion (July 2018)

Example payment plan for a £147,000 property: £5,495 reservation fee £36,750 on exchange of contracts £36,750 in 2017

£11,322

Management costs * (shared) including service charge** £1,272 Ground rent £495 Total expenses £1,767 Net annual income

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£9,555

£68,005 in 2018 Net yield 6.5%***

*Management costs include access to Hub amenity areas and other Vita Student services, as well as all staff, maintenance and operational running costs, and the management company’s fee. **Service charge is the contribution towards managing the estate and keeping the building structure and common areas in a good state of repair, paid annually by all owners under their lease. ***Any cumulative net rental income above the 6.5% assured minimum yield in the first five years will be paid at the end of the five-year assured rental period. Any net rental returns above the minimum 6.5% minimum net return are subject to over-performance related management fee incentives.

Rental yield (%)

Rental income (£)

3

6.5

9,555

163,523

3

6.5

9,555

Year 3

168,428

3

6.5

9,555

Year 4

173,481

3

6.5

9,555

3

Year 5

178,686

Total appreciation:

31,686

Total return:

79,461

ROI

54%

Capital appreciation (%)

6.5

9,555

Total rent:

47,775

Rental yield (%)

Rental income (£)

6.5

9,555

Predicted

Price (£)

Capital appreciation (%)

Pre-completion

147,000

10

Year 1

161,700

5

Year 2

169,785

5

6.5

9,555

Year 3

178,274

5

6.5

9,555

Year 4

187,188

5

7

10,290

Year 5

196,547

5

8

11,760

Total appreciation:

49,547

Total rent:

50,715

Total return:

100,262

ROI

68% Rental yield (%)

Rental income (£)

Positive

Price (£)

Capital appreciation (%)

Pre-completion

147,000

12

Year 1

164,640

7

6.5

7,735

Year 2

176,165

7

6.5

7,735

Year 3

188,496

7

7

10,290

Year 4

201,691

7

8

11,760

Year 5

215,809

7

9

13,230

Total appreciation:

68,809

Total rent:

50,750

Total return:

119,559

ROI

81%

Exit, capital appreciation and proven income Vita Student is one of the UK’s most successful income-generating property investments. As such, investors rarely want to sell their property, but completed properties are highly sought-after on the secondary market.

Given the sustained income-generating benefits of the assets, we have resold over 350 properties for our offplan investors, helping them achieve average annual capital appreciation of around 7%.

For Sales Enquiries:

Level 3, North Block, Wisma Selangor Dredging, 142D Jalan Ampang, 50450 Kuala Lumpur, Malaysia. website: www.csiprop.com Email: info@csiprop.com Tel: +603 2162 2260

Please note that the information that we distribute is produced with great care and believed to be correct at the time of printing to the best of our knowledge. Pictures, layouts and other details in this brochure are given as a general guide and may change from time to time in accordance with the final designs of the development and appropriate planning permissions. We endeavour to ensure that any market forecasts we provide are accurate and well researched at all times, however we cannot ultimately warrant the accuracy of that information and cannot be held liable for any reliance you may make of or put on it except as specifically agreed with us in any further agreement we may make with you in writing.