Overview
We are excited to introduce Havelock, a brand new multi-purpose student accommodation & Holiday-let development located in Hastings, England.
This is a unique opportunity giving investors access to both of the high demand UK property markets, student accommodation and holiday let’s. High yielding studio apartments available to purchase from £79,999 with NET yields predicted up to 13.67%. Alternatively, there is a 3 year rental assurance option of 7% to 9% per annum.
The development is a conversion of an existing building into part student accommodation & part hotel. Consisting of 106 units in total – 49 are available to be purchased by investors and will be operated as student accommodation for 40 weeks of the year & holiday/short term accommodation for 11 weeks through the peak summer period.
57 units will be retained and run as a fully functioning high end Hotel with all Hotel facilities, such as bars, communal areas, concierge, and a 3000sqft event and conference centre in the basement – Havelock will be in a unique position filling a gap in the local market by offering much needed dynamic accommodation and event space.
The 49 apartments available for sale will differ from the Hotel rooms in that these have to be designed for dual purpose, they will be totally self-contained as opposed to just Hotel rooms – they will have full facilities for cooking and studying with en-suites. All students & guests will still have full use of the Hotel facilities. Having access to hotel amenities is a very unique aspect of the development.
SPECIFICATION HAVELOCK ROAD
Bedroom
• 1.5m king size divan bed with storage, mattress and headboard (bed linen not included)
• Bedside table and lamp
• Built-in desk with shelves/storage and desk chair
• 32’’ TV on wall mounted bracket
• Wardrobe with drawers, clothes rail, shelf and mirror
• Blackout window blinds
• Infrared eco panel heating system
• Timber effect laminate/vinyl floor
• Wall hung artwork
• Wall hung mirror
Kitchen
• Gloss kitchen base and wall units and worktop
• Single sink and tap
• Integrated microwave
• Integrated fridge
• Bin/recycling under sink
• Electric hob and hood
• Breakfast bar and two barstools
Bathroom
• Shower
• Toilet
• Sink and cabinet
• Wall hung mirror
• Heated towel rail
Communal Facilities
• Exterior seating, plants and lighting to front entrance
• Concierge/Reception – modern freestanding reception desk, full wall mounted bank of postboxes, modern chairs and coffee tables, carpeted floor and lift to all floors
• Common Room – TV, pool table, lounge seating area, artwork and herringbone floors
• Laundry facilities – laundry rooms with coin operated washing and drying machines and sink
• General/Cycle Store – external secure cycle storage and dedicated bin storage for each block
• Access to the hotel bar and lounge area
Havelocks prime location is incredible for both markets student and holiday lets, Hastings is a very attractive place to stay, with the beach, local amenities, and train station all within a 100 yard walking distance. Theatres, top rated restaurants, the famous 1066 history tours and holds up to 22 events and festivals locally per year ranging from the arts to musicals.
What’s The Address Of The Development?
44 Havelock Rd, Hastings, TN34 1BE
