Presenting a new purpose built student accommodation investment opportunity from a highly reputable developer. Fully managed. Sheffield is currently receiving high levels of investment and is widely accepted as an investment hotspot.
Key Investment Highlights:
• Fully managed investment
• 250 year leasehold with legal title
• 8% guaranteed net income for 5 years fixed
• 4% Interest paid on all deposited funds
• Walking distance to Sheffield City centre
• 10 Minute walk to Sheffield University
• 13 Minute walk to Sheffield Hallam University
• Fully fitted and furnished
• Communal lounge for tenants
• Exceptional local facilities and amenities
• 16 Minute walk to National rail links
Facilities. Reception / secure fob access / CCTV / Full Wi-Fi throughout / Communal Lounge / Communal Kitchen with high gloss units / Communal dining areas / Entrance Foyer/ River Views / Laundry / Cycle Store
The project will total 63 units over 6 floors.
The ground rent is £350 per annum. Management is £1’101. The service charge is included in the management cost. The management company will be “Fit Property”
Completion is due Q4 2020. You will be paid 4% on all deposited funds during construction phase.
Payment plan: 50% exchange deposit, 25% after 6 months, 25% balance on practical completion.
+44 0203 322 6419