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Orchard Gate offers investment solution to student letting demand

18th October 2011 Print
Orchard Gate

Savvy buy-to-let investors are taking advantage of Crest Nicholson’s Orchard Gate location to achieve high rental yields. Situated in Shoreham-by-Sea, the properties at Orchard Gate provide the perfect opportunity to fulfil the rental demand from students at the Brighton and Sussex universities.

With many universities unable to cater to all accommodation needs, students are seeking private residential lettings for the duration of their course. Comprising a selection of three and four bedroom houses with open plan living, Orchard Gate is well suited for students looking for shared accommodation.

Shoreham-by-Sea is proving a popular area for students to live during their studies, with the local town centre offering a good range of shops, bars and restaurants and the nearby train station running services to Brighton in just 20 minutes.

Christine Tiernan, Sales and Marketing Director for Crest Nicholson South, commented: “Due to its convenient location and ready-to-move in properties, Orchard Gate is getting a lot of attention from investors looking to receive a high rental return. With Shoreham-by-Sea benefitting from two large universities close by, there is a fantastic opportunity for investors to capitalise on the increasing demand for student accommodation.”

Investors can expect Crest Nicholson’s signature contemporary style at Orchard Gate, with newly built homes that offer students a low maintenance tenancy. The kitchens are fully fitted with brushed steel appliances while the bathrooms feature stylish, modern suites.

The development is within easy reach of the town’s health centre, dental practice and library, whilst the Holmbush Retail Centre, featuring a Tesco Superstore and two leisure centres, is also close by for students.

Prices for a three bedroom house start from £290,000 and £330,000 for a four bedroom property. One and two bedroom apartments are also available at the development, prices for a one bedroom apartment start at £164,950 and £198,950 for two bedrooms. For more information, visit crestnicholson.com.

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