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  • Student Accommodation

    Qstudios of Emerging Property (Stoke) 瑩寶

    Hi Everyone,

    I bought a student studio in 2017/6, named "Qstudios", which guaranteed a 10% return for 10 years.

    Qstudios is expected to be completed in February 2019 now. 

    We originally signed a lease with the management company, which is valid until 2029. 

    However, due to the change of the management company, the contract period is expected to be shortened. And the rate of return is still under discussion. 

    Although there are some uncertainties now, but we still have high confidence in the rate of return because it is the most advanced building and is supervised by the Municipal Council in stoke on Trent

    It has more than 300 rooms and the landlords are scattered all over the world. We set a privacy fb group too "qstudios landlords"

    And I would like you to give me some advice , how much should the minimum and maximum rate of return be set for a new student accommodation?


    Many Thanks
    David Yang

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    Hi David,

    Have you visited the site to check on the progress of the development?

    I believe you are on the other thread about rent guarantees that are not being paid by Emerging Property?

    I think setting a rate of return is pie in the sky.  The contract has already been broken and you are not getting what you signed up for.

    Personally, I would be seeking legal advice.

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    These student pods must be about the worst form of property investments anyone can make. Alpha Student Management Ltd manage Foundry 1 & 2 on Woodgate Loughborough and the investors there haven’t been paid their assured rent for several quarters.

    The assured rent rent is affordable by the fact the investors pay hugely over real market value when they buy the pods and the freeholder simply pays that overpayment back over 10 years. Unfortunately with Alpha Student Management they have hit financial problems and the assured rent has stopped being paid. These pods are virtually worthless now without the assured rent propping up their attraction.

    The giveaway is that are usually only available to cash buyers as mortgage lenders know how much of a  risk there is with this type,of property investment.

    Avoid at all costs.

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    They are still being advertised for sale with an assured rent - “reduced for quick sale” !!!

    The Foundry 2, Woodgate, Loughborough LE11 2WN


    https://www.rightmove.co.uk/property-for-...14483.html

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    Be thankful that at least Loughborough uni is a well regarded uni, and there's a reasonable chance this portfolio of properties may be bought out by a large company looking for market share and dominance within this sector. This has been happening a lot recently with the top 30 uni's.

    https://sturents.com/news/2019/01/08/arl...ents/1974/

    Stoke on Trent at #73 on the complete uni guide is not such an interesting proposition for such a company looking to buy out established units in bulk.

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    Up 32 places though this year on that Good University Guide which is a pretty significant move!!

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    By Stoke-on-Trent do you mean Staffordshire University? And Keele university is also in the Stoke area so there are a couple of uni's round there, not just one. However would have to agree they may not be as interesting propositions neither are not in the top-30 on complete uni guide.

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    Thanks Everyone,

    We went to the site to see the progress of the construction last week, it seems most  room decoration has been completed.

    The exterior wall is not much different from the original advertisement.

    There are many public spaces, cinemas and stadiums on the first floor, but they are not finished yet. We hope to see his completion as soon as possible.

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    Most Stoke students live in the Shelton area, very few live in the shit hole that is the town centre itself. Shelton is not perfect but you are 1-5 mins walk from Campus.

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