ByWater House

Built and Tenanted Student Property Investment in City Centre 1 The residences ByWater House

• 39 self contained high-spec studio and en-suite apartments • 250 year lease • Fully managed • Completed development • Proven track record, immediate return

ByWater House is situated minutes to and perfectly positioned within a one to three mile radius from the University of Birmingham, Birmingham City University and University campuses.

Those studying at BCU City South Campus in and Gosta Green campuses will definitely find Bywater House an appealing choice.

A highly secured environment for students with limited purpose-built student residences in the area, ByWater House is located among private student houses, offices and organisations. The property is accessed by FOB entry system and the site is monitored by CCTV. ByWater House is 3 minutes’ walk from Hagley Road, which is well served by local bus services (including night routes) with easy access to the city centre and Birmingham New Street, the city’s main rail interchange with direct services to , , , Edinburgh, Newcastle, Cardiff, Nottingham, Reading and other major UK cities.

In addition, there are various amenities including a Post Office, several grocery stores, restaurants and fast-food outlets around the vicinity. 2 3 4 The location

TO CITY NORTH CAMPUS A34

ByWater House 38(M) A St. Chad’s Cathedral Aston A41 UniverityM6 City Campus M5 (J6) (J1) Fire Station Childrens CHAPEL STREET Hospital

COLMORE BT Tower SWAY A47 P CIRCUS BCU QUEEN SNOW HILL MILLENNIUM POINT City Centre A457 STATION ARLES & THINKTANK Campus School A T CH G of Art T ST ALBER St. Phillips WAY P CITY A R AD CENTRE Museum & C IS QUEENS IR E Art Gallery C ST TREET MOOR U R ICC & S STREET STATION Symphony PARK S MOO Hall A456 R Y Birmingham NEW A M42 SUFFOLK W Conservatoire S STATION N Bullring M40 Hyatt E

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Hotel Q’WAY U A45, Coventry, Q K D Warwick, Stratford, To Jewellery Mailbox O St. Martins MO IGBETH AD STREET R O in the Bullring AT LANE NEC & Airport  Quarter LB AL SM BRO Markets Tesco HURST A4540 Cinema Area A41 T ROAD PORTLA S BRADFORD ST ND RO TREET AD Oratory D DEAN ST NUMEN A Strathallan Plough & FIVE HE U. MO Harrow Hotel AY LOW HOLLOWAY WAYS HOL HAGLEY ROAD A456 x HAGLEY ROAD A456 CIRCUS Coach Morrisons STREET Station

HI ISLING VICAR BRI

GHFI OAD RNE R OAD

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AGE ELD ROAD E TON ST ADR N F IE CH L ROW M ORNE ROAD D C AUGUSTUS R HARB R FIVE WAYS OAD E SC STATION

ROAD BCU City south DWY T

ROAD campus

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W ALTHO A C 4540 WESTBOURNE ROAD To NEC St Georges ORNE ROAD Close & Airport 

Botanical ROAD BRI

HARB Gardens

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STOL

CHRU M5 (J4), M40

M5 (J4) ST Opal 1 M42 (J1)

M42 (J1)

To A38 / A441 ROAD A38 Warwickshire County

RY University of Birmingham Cricket Ground & Cadbury World & PRIO Ruskin Hall Ruskin Hall,

A Take the 22, 23, 24 or 27 from Colmore Road to Westbourne Road

CHURCH COACH STATION

P PARKING HOSPITAL SHOPPING TRAIN STATION 5 Birmingham Universities

University of Birmingham: : • 30,660 students • 11,325 students • Received its Royal Charter in 1900 • Established 1966 • A Red Brick institution • City centre campus stretching 40 acres • Russell Group member • Rated first for student life in the 2012 Complete •Founder member of Universitas 21 University Guide • Part of the English “Ivy League” (The Daily Telegraph) • Technology, business, science and engineering centric • Ranked 10th in the UK according to The Times Higher • Focuses on industry and commerce with one of the top Education Supplement graduate employment rates in the UK, 87 per cent • 67th in the world in the 2011 QS World University compared to the national average of 70 per cent. Rankings • Consistently ranked in the UK top 10 for postgraduates • Home to the Barber Institute of Fine Arts • Aston Business School lauded by both The Financial • Birmingham Business School, the oldest business Times and The Economist school in the UK • Birmingham Medical School produces more doctors Birmingham City University: than any other UK medical school and is one of the • 23,955 students largest in • Gained university status in 1992 • Regarded as having made a prominent contribution to • Originally Birmingham College of Art established in cancer studies 1843 • Strong reputation for sport having offered the first sports • Eight campuses degree in 1954; hosted the Jamaican track team prior to • Six faculties: Birmingham Institute of Art & the London 2012 Olympics Design; Birmingham City Business School; Faculty • Ninety per cent of university accommodation occupied by of Education, Law and Social Sciences; Faculty first year students of Health, Faculty of Performance, Media and English; Faculty of Technology, Engineering and the University College: Environment • 8,000 students • A centre of excellence in television and media and • 200m from New Street Station teaching and learning. • Strong partnerships with HEIs throughout Asia, Newman College: particularly in China, Hong Kong and Malaysia • 800 students 62 An introduction to student residences

In the 2014/15 academic year a total of 699,700 students vyed for 512,000 places, a ratio of 14 applicants for every 10 places.

Source from UCAS.

An increasingly mobile global student market seeking high quality, purpose-built student housing, has fuelled growth and will underpin demand in markets that have historically catered mainly to the domestic market. This will be particularly true of institutions with growing international reputations

“These international students have ever higher expectations of every aspect of life at their chosen universities and this is creating attractive openings for investors in purpose built accommodation,”

Yolande Barnes, director, Savills world research. The Big City Plan is a 20 year vision to encourage and support our continuing transformation to create a world class city centre. It covers every aspect of the built environment, from improving links into and out of the city, and maintaining and enhancing its unique character, to developing new residential communities and supporting our diverse economy. A plan showing the boundary covered by the plan is below.

Covering 800 hectares of the city centre, the Big City Plan is a physical regeneration tool and strategic planning document. It provides a framework to:

Create 1.5 million square metres of new floorspace Create over 50,000 new jobs Contribute £2.1 billion to the economy each year Create a well connected, efficient and walkable city centre Provide 65,000 square metres of new and improved public spaces Provide 28 kilometres of enhanced walking and cycling routes Provide over 5,000 new homes with new leisure and recreational facilities to attract more families Value the city centre’s heritage and cultural assets Integrate sustainable development and address the impact of climate change, as part of the future transformation of the city centre Deliver five areas of transformation supporting the growth of the city core 8 Market Dynamics According to official UCAS (Universities and Colleges Admissions Service) figures, 84,796 applications were made to Birmingham’s five principal higher education institutions by the deadline of 15 January 2012 for entry in October 2012, of which 14,431 were accepted. Since 2006, applications to Birmingham HE institutions have risen by 11% per cent, rising from 76,221 in 2006 to the 84,796 figure recorded in 2012.

The universities in Birmingham have circa 58,000 students but are only in a position to offer 11,575 students accommodation in halls of residencies. This represents just 20% of the full-time student population, illustrating an undersupply. However it should be noted that the universities have submitted plans to increase their bedroom provision within the development pipeline......

Birmingham Student Accommodation Students % total full-time Summary student population

Students living in University Halls 11,575 20% of Residence

Students living in private sector purpose 6,007 10.4% built accommodation

Students unable to access university 40,418 69.7% or private sector accommodation

Total Birmingham full-time Higher Education population 58,000 100%

In summary

We are of the view that there is opportunity in Birmingham due to the current undersupply of bed spaces. It should be noted that there is significant development in the pipeline, however, very little is under construction. Birmingham is a relatively high value city with three universities ranked in the top 100 and demand is predicted to remain strong. There are also a number of other higher educational institutions in Birmingham adding to the strong demand for bedrooms.

Birmingham Market Report on Student Accommodation by Knight Frank 9

ROI example An ROI example including the management fees and ground rent on a Standard Studio at £86,000.

Gross Rental Income £145 x 51 = £7,395

Management fee per annum (including service £628.58 fees, maintenance costs) @ 8.5% of Rental Income

Ground Rent Per Annum £300

Net Income Per Annum £6466.42

Gross Rental Income 7.52% 10

The management SLC Property Group

SLC is NALS registered, a UK-wide licensing scheme for lettings and management agents offering peace of mind to landlords and tenants. The company is also MLAS accredited and staff attend regular student seminars to ensure they are complying with all new regulations.

The Student Letting Company (SLC) has over 20 years’ experience in student accommodation in Birmingham and surrounding areas. SLC provides well-located, safe accommodation that is close to university campuses with local amenities and transport.

SLC is the recommended agent for overspill students for the University College Birmingham (UCB), Birmingham City University (BCU) and the Brass House language college. The students are therefore directed to SLC when they cannot find accommodation in the university student halls.

SLC also has connections with overseas students from China, coming to Birmingham to study on 5 to 10 month internships at the University of Birmingham.

SLC ensures that when students are searching for accommodation in Birmingham their rental properties are at the top of the search engine. 06

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3rd Floor Plan For further information please contact us today.

CONTACT DETAILS HEAD OFFICE ADDRESS

Telephone: +44 (0) 207 100 2393 30th Floor, 40 Bank Street Email: [email protected] , London Website: www.colordarcy.com E14 5NR,

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