Strong track record and high net yields...
This residential student property investment opportunity is a short walk from Sheffield city centre and offers modern student apartments with a 100% occupancy rate since 2008. We've negotiated so clients can buy units at the original launch prices with 2017 yields available... These apartments come with an optional guaranteed net income, a great way to balance your portfolio.
Student housing investment was worth $15bn globally in 2015 and has seen rapid expansion to October 2016, according to a Savills research report. Here are the highlights:
- Major regeneration area including HS2 coming
- 100% occupancy since completion
- Short walk into central Sheffield and to both universities
- Proven high yielding investment opportunity
- Professional management with incredible 10 year track record
- True "Set & Forget" investment
Sheffield City Region Local Enterprise Partnership has received funding totalling £295.2m from the Government. Plans are in place to create 70,000 new private sector jobs and 6,000 new businesses. A further £34.7m of new funding was made available from 2015/2016 and £105.9m from 2016/2017 to 2021.
It’s expected that this will attract at least £410m in additional investment from local partners and private sector. It’s expected this will create around 8,000 new jobs and 5,000 new homes.
Much of the money will go towards improving Sheffield’s infrastructure, including highway improvement and investment in Sheffield City Region’s Sustainable Transport Exemplar Programme. Money will also be heavily invested into the city’s skills infrastructure.
A plan to regenerate Sheffield city centre was revealed in mid-2016. Worth £175m, the scheme, known as West Bar Square, will offer a mix of office space, apartment blocks, a four star hotel, restaurants, shops and public space.
The ‘Grey to Green’ project aims to transform Sheffield's Riverside Business District by transforming redundant roads into public spaces, including rain gardens, perennial meadows and incorporating public art.
The Sheffield Housing Company, a partnership between Sheffield City Council, Keepmoat Ltd and Great Places Housing Group, aims to build 2,300 homes over 15 years. It’s primary focus is on providing local training, employment and other economic and social opportunities. Phase 4 is expected to start in 2017.
Specific student housing is also being built around Sheffield. New Era Square, a £65m development in Chinatown, is a mixed leisure, commercial and residential development. The first 100 student studios will be ready around August or September 2017. Once completed, the 20-storey building will contain around 600 accommodation units.
Some 535 students will also be accommodated for in a new £25m seven-storey development, expected to complete in June 2018, showing Sheffield is investing heavily into its student population.
Sheffield Employment & economy
A series of master plans have transformed the city centre creating thriving new business districts. Work is underway to create the first Advanced Manufacturing Innovation District in the UK in the Rotherham-Sheffield corridor. The area is already home to Europe’s largest research-led Advanced Manufacturing cluster. The project is a joint venture between the two Sheffield Universities and Sheffield and Rotherham Councils.
The £50m Fox Valley Development is a combination of office and retail space, and a housing development consisting of 118 riverside homes.
In early 2017, Sheffield had reached record levels of employment. A majority of workers (38%) were employed as managers, directors and other senior officials; in professional occupations; or in associate professional and technical jobs.
Education in Sheffield
Sheffield is home to two universities. The University of Sheffield had almost 28,000 students enrolled in 2015/16, and Its campus located around 10 minutes’ walk from this investment opportunity.
Sheffield Hallam University is the 8th largest university in the UK with almost 31,500 students, of whom around 4,440 are international students, enrolled in 2015/16. It has two campuses in the city. Its city centre campus is a 16 minute walk from this investment opportunity, while the Collegiate Crescent campus is around 22 minutes. Notable alumni includes actor Sean Bean, Dame Kelly Holmes and designer David Mellor.
Photo by Steve Cadman
Leisure & shops in Sheffield
Shopping & dining: Meadowhall Shopping Centre, located around 34 minutes from this investment opportunity, is the 10th largest retail space in the UK attracting over 25 million shoppers each year. It features 230 stores, the Oasis Dining Quarter and an 11 screen Vue multiplex cinema. The expansion of HS2 will bring high speed trains direct to the shopping centre ensuring Meadowhall continues to grow to meet demand.
Meadowhall is being refurbished and expanding. The centre will be split into four areas, The High Street, The Arcade, Park Lane and The Gallery. The refurbishment will complete in late 2017.
A plan has been put forward to create a new 33,000 sq. ft. Leisure Hall at Meadowhall. The new centre would integrate with the existing centre and provide a new, multi-level, landscaped mall with high quality indoor and outdoor spaces for events and community use.
If the plan goes through, it’s expected to create 540 new jobs to deliver the scheme and up to 1,400 jobs in the local economy once the Leisure Hall opens. It approved, work will begin in 2018, with an anticipated completion date of 2021.
Sport & culture: Sheffield Ski Village used to be one of the largest artificial ski resorts in Europe, with four pistes, nursery slopes, a snowboarding park and a toboggan run. It was also home to a hotel, restaurant and ski wear shop. It was gutted by a fire in 2012, but Sheffield City Council has asked developers for proposals to transform the 30 acre site into a “nationally significant attraction.”
Green spaces: Sheffield is the greenest city in Europe with 83 parks and the 19 acre Sheffield Botanical Gardens. As a third of Sheffield lies within the Peak District - an area of extreme natural beauty - it is also the only city in the UK to have a national park within its boundary. Sheffield City Council is focusing a lot of regeneration investment into providing new green space in the city.
By Air: Manchester Airport is the closest airport to this investment opportunity. The three terminal international airport offers flights to a wide variety of destinations, such as Amsterdam, Riga Paris and Berlin. It’s around a 1h 24 mins’ drive or around 1h 40 mins on public transport.
Two more airports, Leeds Bradford Airport and East Midlands Airport, are located within a two hour public transport journey, or 1h 15min by car.
By Rail: Sheffield train station is located around 20 minutes’ walk or around 15 minutes by public transport from the development. The nine platform station connects to Newcastle, Scotland, Manchester, Leeds, Scarborough, Liverpool, London, Reading, Exeter, Norwich and Nottingham, as well as Manchester Airport.
Sheffield is set to benefit from HS2. Proposals have been made to build a new HS2 station outside Sheffield with an offshoot into the city centre, however, as of early 2017 a final decision has yet to be made.
By Road: This investment opportunity is located very closely to the A61, which connects to the A630 and the M1. The M1 in turn connects motorists to London via cities like Nottingham, Leicester and Luton, and to Leeds in the North.
By Bus: Sheffield is serviced by a large number of bus lines. The closest stop to this investment opportunity is about two minutes’ walk. Trips into Sheffield station take around 15 minutes.
By Cycle: Sheffield is very cycle friendly and is home to several cycling clubs, including the Sheffield Community Cycling Club, Sheffield Clarion Cycling Club, Cycle Sheffield and South Manchester CTC.
By Tram: Sheffield is serviced by three tram lines, with the closest stop, Netherthorpe Road, around seven minutes’ walk. The stop is serviced by the blue and yellow lines, with trips into central Sheffield taking about 11 minutes.
We’re excited to be able to offer you something we haven’t done before – student accommodation. Why have we decided to do this now? Put simply, we saw an opportunity that we just couldn’t turn down.
When the developer approached us and asked us to help sell these last remaining units we knew it was a no-brainer. When they completed almost 10 years ago, a few investors couldn't complete so the developer decided to hold on to these units. With the great city centre location, fantastic pricing and truly stellar returns, this opportunity is just too good to miss. The developer wants to release capital and move onto some new projects after enjoying high net yields.
Best of all, the developer has agreed to let us offer these at the old prices. That means you’ll be paying 2008 property prices for a property achieving really strong yields today. Not only does this mean a huge saving and great deal for you, but it means you’re also buying well under market value, helping your capital growth in the long run. You have the chance to earn these high yields because you can leverage your investment. These units are purpose built and professionally managed apartments. That means these student investment properties are mortgageable. The cash on cash returns are mind blowing. Another reason to add these amazing properties into your investment property portfolio.
Sheffield has a lot going for it with hundreds of millions of pounds being poured into the city, including building new student accommodation. What sets this opportunity apart from the others, however, is that it’s been going for almost 10 years now, and has seen 100% occupancy throughout, so you don’t need to speculate - you’ve got the figures for this sure-fire and truly great investment. Don’t miss out, they'll go quickly! Have your Property Consultant Call you now