€ 76,555 | USD $ 83,797
New Build - Key Ready
Advert last updated: 5/24/2016
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A development of 218 self-contained studio apartments, the new Rocket development is perfectly situated to cope with the growing demand for high quality student accommodation at Durham University. Just 50 yards away from Queen’s Campus, Durham University. It is perfectly placed to meet the increasing demand for purpose built student accommodation, whilst at the same time providing investors with a fantastic income generating opportunity.
The Rocket - The Investment Highlights
Offering a net rental return of 10% for the first three years. Additionally there will be 5% interest paid on all deposited funds, making this truly an investment opportunity not to be missed.
The Rocket will be a fully managed, hands free investment opportunity, and will be built by one of the UK's leading developers of purpose built student accommodation. Each unit will be finished to the very highest standard, and will include:
• Double bed
• Study desk and chair
• Smart flatscreen wall mounted TV
• Kitchen sink, chrome fittings
• 2 ring hob
• Integrated under counter fridge/freezer
• Bespoke kitchen storage units
• Laminate worktops
• Acoustic flooring
• Ensuite bathroom, chrome fittings, shower etc
• Fastest broadband available/obtainable in the area
The Rocket - Location
Just under a 10 minute walk away from Durham University’s Queens Campus is The Rocket. It offers 218 studio apartments fully furnished to a high specification. A modern living space providing all of the contemporary comforts, including a free gym, laundry and communal lounge.
The Rocket also offers the convenience of easy access to the high street - only a short walking distance to Stockton’s busy town centre where you can find all the familiar High Street names, two shopping malls, a great selection of bars and restaurants. (Wellington Square shopping centre and Castlegate Centre)
Teesside shopping and leisure complex offers a huge variety of well-known stores and restaurants, a multiplex cinema and bowling. Students will enjoy both sides of the town - from stunning riverfront views and walks to busy urban shopping centres - Stockton has it all.
• Durham University - Queen's Campus - 8 mins walk
• Thornaby train station - 2 mins walk
• Tees Valley Airport - 20 min drive
• Newcastle Airport - 50 min drive
• Tees Barrage International White Water Centre - 23mins walk
The Rocket - Purchase Plan
Step 1: £5,000 Reservation deposit
Step 2: 50% on exchange of contracts (less reservation fee)
Step 3: 25% 6 months into construction
Step 4: Remaining 25% due on build completion