A British teacher living in Malaysia has managed to secure his future income by investing in UK property.
Colin Dant, was looking to get a healthy return and ensure he would receive a steady income during retirement. He found both in a property investment in Manchester .
Following in-depth research Colin chose to invest in Select Property Group’s Vita Student portfolio, the UK’s only experience-led student accommodation provider. He bought two properties in Manchester’s award-winning First Street residence and his reasons were three-fold.
Firstly Colin was confident that the business was meeting a demand for international students, secondly he had faith in Manchester as a thriving university city and thirdly Colin was impressed by Select’s unique approach of controlling the full lifecycle of the investment.
Many of Colin’s A-Level Mathematics students go on to study at UK universities, with Manchester a top choice, so he knows first-hand the wants and needs of international students and their demands when looking for accommodation. He also recognises Manchester’s reputation as one of the UK’s best universities.
Vita Student’s customer-led offering appealed to Colin who saw the business meeting an unmet need in the market, as well as providing students with high quality facilities. The company is committed to delivering an unforgettable living experience and exceptional level of service.
Talking about the investment Colin explained:
“I chose Manchester because I know the strong reputation of the universities in the city and could clearly see that Vita Student’s development was in a vibrant new neighbourhood at First Street. With a compelling blend of culture, leisure, retail and office space, it clearly had considerable growth potential. With Manchester’s rental yields consistently delivering higher returns than London, I was confident I would get better value for money in the city over the Capital.”
Select’s unique proposition of controlling the entire lifecycle of its portfolio by developing, selling and then managing the residences also appealed to Colin.
“As an overseas investor I need to have the confidence that my properties are meeting and exceeding the demands of the end-user and the service and experience the residence team offer students is remarkable and unlike anything else in the market.
“With Select managing the end-to-end process, this gives me the assurance that my investments are a sound and long-term asset that will remain fully occupied and consistently deliver a healthy return.”
Commenting on the future of his investment, Colin said:
“With the economic rise of China, India and many other countries, coupled with the high esteem in which the UK’s higher education system is held, I am already seeing a return on my investment and feel there will be a healthy demand for Vita Student accommodation for the foreseeable future.”
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