Brand New Student Accommodation in the heart of Sheffield. 8% income assured for 3 years and delivered in August of this year for the 20/21 student intake. Purpose Built Student Accommodation (PBSA) can offer very lucrative investment returns due its continued growing demand in key University cities and its robust nature (remains unaffected by changes in the general housing sector). Due to its intensive management properties are seldom void and well maintained, creating the perfect armchair investment!
With over 12 years experience in the sector, Assetz actively recommend good quality student accommodation as a great addition to any portfolio.
Units are arranged within apartments consisting of between 3 to 6 separate en-suite bedrooms, ranging range from 13m2 - 22m2 and self contained studios. The shared communal areas in each cluster apartment come equipped with a fully fitted kitchen with microwave, oven and hob with built in extraction system, lounge area with sofas and flat screen television, fridge freezer, breakfast bar and additional seating. Each room and studio unit also comes with double bed, fitted wardrobes, shelving and drawers, en-suite shower room with vanity sink unit and toilet, workstation study area, carpets, blinds, lighting and high-speed internet.
Facilities include: reception area and lobby with seating, cycle store, laundry area, onsite management, social room, gym, CCTV on all floors, garden and terrace area, mail room, lifts to all floors, security access to each building and floor.
Sheffield is the city of steel, with its roots in the industrial revolution and specialised production. Now considered one of the northern economic powerhouses, itís a thriving hub with a population of 560,000 people. The metropolitan district of Sheffield is much larger, with more than 1.8 million people living in the surrounds of the city.
Sheffield is home to over 60,000 students across its two universities, contributing to 10% of the cityís population being aged 20-24.
The University of Sheffield currently ranks 14th in the UK and 117th in the world (2020 Times Higher Education), and is home to the best student union in the UK, as voted by The Sunday Times.
A member of the Russell Group of leading UK research universities, its outstanding performance for excellent teaching and research, as part of a genuinely global community, is consistently confirmed by international independent assessments.
Also located in the heart of the city is Sheffield Hallam University, one of the top five modern universities in the UK for research (Research Excellence Framework) and one of the biggest universities in the country, with over 33,000 enrolments each year.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.