Introducing Axiom, luxury student apartments located in the heart of Stoke-on-Trent, offering an unrivaled standard of student living. The site, originally a 1970s police station, has been tastefully transformed into high-quality, purpose-built student apartments, perfect for those studying in the local area. Developed by Abode Student, a premium student property brand, Axiom boasts 161 studio apartments, each furnished to a high standard.
In addition to the exceptional amenities such as a concierge, laundry room, residents lounge, games room, private gym, and courtyard garden, Axiom also benefits from a prime location in the center of Stoke-on-Trent. It is just over a mile away from Staffordshire University, which is ranked 4th Best UK University by the Student Crowd University Awards, and close to numerous local shops and the Hanley Bus Station.
Investing in student property in London is one of the fastest-growing and sustainable investment classes, and Axiom offers a rental guarantee of 7.5% for two years following completion of the build. With prices starting at just £84,999, investing in Axiom can yield guaranteed NET returns of £12,000 or more over two years.
Axiom is a luxury student development located in the heart of Stoke-on-Trent, just 1.1 miles away from Staffordshire University, making it a highly sought-after living option for students. Boasting a prime location in the city, Axiom is close to various amenities, setting a new standard for student living in the area. The development is the closest to the university among all Abode developments in Stoke-on-Trent, and is in close proximity to numerous local landmarks such as the City Central Library, Victoria Hall, Hanley Bus Station, Iceland Supermarket, Tesco Extra, The Potteries Shopping Centre, Hanley Park, and Stoke Railway Station.
Staffordshire’s economy has grown significantly over the last few decades, making it a popular place to live, work, and invest, thanks to its central location in the heart of the country. Despite the Covid-19 pandemic causing economic instability in the region, Staffordshire has recovered well, with a renewed focus on health and care systems leading to an increase in jobs in these sectors, as well as a shift in people’s shopping habits. As local governments continue to support businesses and residents affected by these changes, the future looks bright for Staffordshire, with the area’s Strategic Infrastructure Plan outlining significant growth over the next 20 years, including over 80,000 new houses and the introduction of HS2. Staffordshire is set to be surrounded by new full-HS2 stations, capitalizing on its central location.
Stoke-on-Trent is one of the driving forces behind Staffordshire’s thriving economy. Before the pandemic, the city was one of the fastest to recover from the previous recession, outperforming many parts of the UK in terms of economic growth, job creation, and innovation. Although the pandemic has caused some slowdown, Stoke-on-Trent is poised for a prosperous period in the coming years. The Powering Up Stoke-on-Trent Prospectus aims to build on the city’s existing strengths by investing in improved infrastructure. As the region continues to grow, it will only become more attractive to investors.
Investing in student property is a wise choice due to the ever-increasing demand for student beds. With more and more students applying to universities, there is a lack of stock available, resulting in a boom in the private student accommodation investment market. Student property is now one of the leading property investment classes due to several factors, such as extremely high demand, less frequent void periods, lower entry points, higher rental yields, and being recession-proof.
Potential investors may have questions regarding the property, such as whether it is freehold or leasehold (leasehold, 125 years), if there is a management company in place (yes, Homes 4 Students), what the ground rent is (£350 per annum), and the developer (Abode Hanley Limited). The price of a studio apartment in Axiom is £84,999, with guaranteed 7.5% annual NET returns for two years following completion. While investors are free to sell their apartment on the open market after completion, they must be sold as a student property due to the development’s planning.
2 years net returun
Reasonable Prices
That gives a higher rate of being full all the time
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