Showroom standard serviced apartments

Showroom standard serviced apartments

7% NET assured to 2033

The Serviced Residences at The Sandford

Belfast

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Assured Returns for 15 years

Projected by Savills to be the hottest investment within the hospitality sector in the coming years, the serviced apartment (short let) industry is taking off in the UK.

Occupancy rates are higher than hotels and revenues are increasing despite growing supply (Apartment Service Worldwide).

Short let apartments such as The Serviced Residences at The Sandford in central Belfast offer fully managed, world-class accommodation for travelling executives and local young professionals.

Operated much like a hotel and maintained to showroom standard, investors receive residential title along with capital appreciation and assured returns for 15 years.

Located in the most up-and-coming area of central Belfast, The Serviced Residences at The Sandford is a selection of 14 contemporary, fully serviced apartments in Belfast’s newest building.

The location and stylish presentation of the apartments are designed to target Belfast’s flourishing community of young professionals and business travellers and will be managed by renowned local firm, Dream Apartments.

Construction at The Sandford is well underway. It is the only residential development currently in progress across the entire city, and well-placed to benefit from considerable and growing demand.

The Sandford has caught the eye of the Belfast Telegraph which highlighted the potential of the investment.

  • 7% NET p.a. assured to 2033
  • Prices from £145,750
  • 6% projected annual growth in Northern Ireland (Savills)
  • Fully managed and maintained
  • Construction well underway

Take a long term view on Belfast

Northern Ireland's capital Belfast should be on every investor's radar right now. The fundamentals are solid - Belfast's business environment is bustling, and a huge corporation tax cut in 2018 is driving a surge in company relocations, entrepreneurship and inward investment.

Demand for office space is already up 165% year on year and rising (CBRE) yet residential development is not keeping up with supply driving demand and prices higher.

Belfast house prices rose 11.1% in the year to June 2016 and 3% growth across Northern Ireland is forecast for 2017 by RICS.

 

 

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