Residential buy to let in Sheffield with a great 8% assured yield for 3 years!
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Ref: UK034 - Residential buy to let in Sheffield with a great 8% assured yield for 3 years!

Sheffield, South Yorkshire, United Kingdom Featured

 Description

Prices with discount start from £83,325 There is a great 8% assured yield for 3 years on this project.

Sheffield City Centre “Buy to Let” development consisting of studio apartments, one bedroom apartments, and last few two bedroom apartments in the heart of Sheffield. This is the 4th largest city in the UK and famous for its Universities. Close to train station, hospital, restaurants, bars shops and theatres make this an absolute hotspot ideally suited to young professionals and students.

The developer is one of the best in the North of England and is offering flexible payment terms with only 25% on exchange required to secure. There is a discount of 17.5% below the true market valuation with sale Prices starting from £83,325. There is a great 8% assured yield for 3 years on this project and interested paid on deposited funds while construction in process. One of the best areas to gain on Capital Appreciation while receiving assured fixed yields.

Finance available on completion typically 50% of purchase but up to 70% possible subject to status.

The Specification
This development in Sheffield City Centre apartments are finished with the most discerning tenant in mind; to the highest specification and with a fastidious attention to detail.
• Fully-fitted, modern kitchen units with stainless steel fittings, integrated electric oven and electric hob.
• Contemporary bathroom suites, with full height wall and floor tiling and thermostatically controlled shower.
• Flush, oak veneered doors with chrome door furniture.
• Recessed low-voltage ceiling lighting.
• Satin chrome electrical sockets and switches throughout.
• TV and BT points to living areas and bedrooms.
• Audio-entry phone system from entrance door to all apartments.
• Mains-operated smoke detectors.
• Secure mortice locks to all apartment entrance doors and secure locking system on all windows.
• Ten year structural warranty.
The Investment Opportunity
• Off-plan investment opportunity well under construction and on schedule
• Development hotspot city centre location
• Suited to young professionals and Students
• 17.5% discount off of RICS valuation
• Instant equity due to discount
• Capital appreciation assured
• Prices from £83,325
• High rental demand, management company contracted
• Excellent yields assured with fixed 8% for 3 years & renewable option
• Lease: 195 years
• Ground rents from £295 per annum
• Service charge: from £1000 per annum
• Reservation fee: £2500 (deducted from purchase price on completion

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