1 bedroom Studio Flat for sale: Sheffield
- A purpose built student development at the heart of city
- A leading university city with accommodation shortage
- Within walking distance of both university campuses
- Assured net rental return of 8% a year for five years
- Investment is managed by reputable asset managers
- All units have wardrobe, work station, high speed wi-fi
- And air con, underfloor heating, en-suite shower room
- Communal fitted kitchen, lounge + TV, washer dryer
- Student investment market as popular as it’s ever been
- Sheffield voted UK’s happiest city, also one of the safest
This is an ideal opportunity to enter the student investment market in the great city of Sheffield, home to two outstanding, internationally renowned universities with a combined student population of some 58,000.
For years, it has been recognised that the city has a significant shortage of student accommodation and, whilst a mere 43 purpose built units won’t change that dramatically, they will be of great benefit to both students and investors alike.
For the investor, the developer’s guaranteed annual net return of 8% for five years is surely a serious statement of complete confidence in this increasingly important sector of the residential property market.
Always one of the UK’s major industrial cities, in some ways, nothing has changed, as Sheffield has been reinventing itself with huge success during the last few years. The result is that the city has been attracting massive inward investment from international household names such as McLaren, Boeing, Rolls Royce and Amazon.
This is a key factor in the success of its two major universities. The University of Sheffield is a member of the Russell Group and one of the original ‘red brick’ universities. Ranked in the top one hundred universities in the world, it has over 25,000 students, including more than 3700 from overseas.
Sheffield Hallam University is the fourth largest in the UK with more than 33,000 students, of whom over 4000 are from no less than 120 countries. Its business partners include Sony, BP, the NHS, Network Rail, SAP and Microsoft.
As with all major university cities, Sheffield also has a number of fine colleges, which take its total student population to over 63,000. It is well known that the availability of student accommodation, particularly purpose built and well equipped, is woefully inadequate.
This excellent purpose built development goes just a tiny way to addressing that and its location, within walking distance of the two principal campuses, the carefully designed and well equipped individual studios and the knowledge that its ongoing management will be in the hands of a reputable asset management company will surely combine to provide investors with all the confidence in their investment that they need.
Each studio includes a small double bed (4 feet wide), fitted double wardrobe, shelving and filing cabinet, a work station with study chair, air conditioning and underfloor heating, internet with high speed Wi-Fi and Virgin Cable. Its en-suite shower room comprises shower cubicle, vanity sink unit, wall mirror and toilet.
The studios are grouped together to form self-contained apartments comprising four of five studios with each apartment having its own communal area. This includes a fully fitted kitchen, with built-in oven, hob and extractor, a fridge-freezer, microwave, breakfast bar with seating, plus a lounge with sofas and a flat screen TV and communal Wi-Fi.
In addition, the new building has an intercom entry system, CCTV and fitted carpeting to the communal areas apart from the tiled entrance and lobby. Put all this together and you really do appear to have the perfect package for both the students and the investors.
Sheffield is one of the cheapest and most popular places to live and study in the UK. It is also one of the greenest cities, with over two hundred areas of woodlands and public parks within the city. Sheffield is renowned for its eclectic night life, live music venues and good food. With all this going for it, not forgetting the glorious countryside that surrounds the city in every direction, it’s hardly surprising that it has also been voted the happiest city in the UK!
No description or information about the development or its facilities, the suites, their plans, specifications or values, may be relied upon as a statement or representation of fact. The developer reserves the right to amend the plans, specifications, returns on investment and purchase prices as necessary and without notice. Nothing on this website constitutes or forms a contract or any part of a contract.
Any computer generated images which, together with photographs, illustrate this feature are intended to provide an impression of the development and its properties and may not be a true representation of the finished project, its facilities or the designs of the properties. Their accuracy is not guaranteed and they have no contractual value. Internal images may relate to a different property type in the development.
Intending buyers must make their own investigations and are advised to take appropriate independent advice from a qualified financial advisor and independent legal advice.
Investabroad Properties Ltd
Tel: 0044 121 616 5108