A Stable and Robust Investment Opportunity
The city of Sheffield is a popular destination for students and young professionals, not to mention the home to two top rated universities, and witnessing a transformation in recent years from northern industrial hub to one of the most desirable and cosmopolitan cities in the UK.
The Sheffield student population continues to grow, yet the sector remains significantly under-supplied with quality purpose-built accommodation. The high specification build and prime location of this property ensure demand for units will be high from both tenants and investors alike.
This development represents a stable and robust investment opportunity, with purchase prices starting from £76,000 and come with an assured NET rental income of 8% for 5 years, for those that choose to appoint the on-site management team.
This is a substantial real estate investment opportunity in a building that features study and social rooms, outdoor spaces and a gym. The property is conveniently located less than 15 minutes walk from Sheffield Railway Station, both of Sheffield’s Universities and the City centre, with numerous local amenities right on your doorstep.
- 1 Bath
- 20 sq.m
- Allen Street
Sheffield. S3 7AU
- Desirable City Location
- On-site Gym
- On-site Resident Cinema
- Fully Furnished
- Concierge Service
- Close to Universities
- Study and Social Rooms
- Outdoor Spaces
- Fully Managed Investment
- Assured 8% Rental Yield
- The archaeology pre-commencement has been discharged, to allow commencement of the build
- Demolition now complete with site fully cleared and levelled
- Marketing hoardings will be erected over the next few weeks
- Site offices, catering and toilet facilities now on site
- Foundations will commence Monday the 15th April
- Studio furniture supplier now agreed
- Communal furniture selection is 60% complete
- Rooftop yoga / spin studio amendment to a larger size approved by planning
- Nurtur Marketing 30% complete, in preparation for launch in October 2019
- Nurtur House sales, operations team concierge team now appointed
- Show home to be available end of May 2019
Time-lapse CCTV camera has been put up on site and will be made available to investors so they can see the site works.
(A link to the footage will be made available in the next update)
Rates are updated every 24hrs