Sunday 1 April 2012

Student Accommodation Investment Proposition Unveiled

AJP Worldwide and PrimeSite Developments has unveiled plans for a brand new Student Accommodation Block situated at the Lomax Building Stoke-on-Trent. ‘Movers and shakers’ from the world of property, land, commodities, business and sport, were invited to AJP Worldwide’s Inaugural Conference held at the Britannia Stadium to share a brighter vision for the future.

With specific expertise in direct investment into a physical asset such as UK and international property and land, AJP Worldwide is widely recognised as one of the UK’s leading specialists in this field and sources some of the most innovative and bespoke assets from around the world. Stoke-on-Trent has now been chosen for its most recent proposition bringing high quality student accommodation to the heart of the city.

The Lomax development will include 120 bed student halls of residence all with en-suites and large bedroom sizes of 135 sq ft. The halls of residence will also encompass communal kitchen and living areas complete with flat screen TV’s, a gymnasium, inclusive bills and high speed broadband.

Situated in a prime location only 0.6 miles away from Staffordshire University, 4.5 miles from Keele University and in easy reach of all transport links including all major bus routes and train stations the Lomax Student Accommodation will be most sought after for students studying in the area of Stoke-on-Trent.

The city of Stoke-on-Trent also offers outstanding cultural and sporting facilities which are all easily accessible from the central location of the development including the Fenton sports complex, the Stoke-on-Trent theatre complex and the Britannia Stadium.

Nigel Griffin, Managing Director of AJP Worldwide comments: “We understand that many people are unhappy with the poor returns on their investments and are now questioning the future of high-charging, poorly performing funds and pensions. Through working with a ‘best of breed’ team of industry professionals, this has enabled us to bring value-driven propositions to market”.

“Our conference was a great opportunity to showcase our unique proposition of the Lomax development and provide access to the most dynamic and influential property and business entrepreneurs in the UK today, as well as the ‘brains’ behind our core range of products”.

Bobbie Johnson, Developer, PrimeSite Developments commented: “The Britannia Stadium was the perfect setting for PrimeSite Developments to showcase our exciting 120 bed student accommodation to the financial and investment community of Stoke.”

“Lomax Students Halls of Residence is what we believe to be the best student accommodation to ever become available in Stoke, an opinion that has support from both Keele and Staffordshire Universities. In addition, and equally as exciting, the business model around which the scheme is developed allows us to offer the project with god returns in an asset class that has exceeded other commercial property class throughout the economic downturn.”

AJP Worldwide is giving professional advisors and their clients the opportunity to invest in The Lomax Student Halls of Residence Development with the opportunity to achieve a 4% per annum return during construction and a return in excess of 7.5% per annum fixed for five years upon completion. This is also available to self-invested personal pension (SIPP) and small self-administered schemes (SSAS) with an entry level of £5000.

The Lomax Student Halls of Residence is due for completion in August 2013.

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