New Development, Sheffield

Sheffield

STYLISH STUDIOS FROM £90,000
UP TO 20% DISCOUNT OFF RICS VALUATION
5% INTEREST EARNED ON PAYING 75% DEPOSIT

 

With rental demand in Sheffield increasingly outstripping supply, and as the city is poised to enter its most significant period of inward investment
in recent history, this new development represents a unique opportunity to capitalise on excellent yields in a prime development hotspot.

This is an exciting new Residential Eco-development for Sheffield's vibrant young professionals. 

Investor Highlights

  • Luxury studios from £90,000
  • Off-plan investment opportunity
  • Minimum 10% discount up to 20% (off RICS valuation)
  • Option to earn 5% interest during construction
  • High capital appreciation projected
  • High rental demand – due to its central location
  • Flexible payment plan options
  • Finance options available
  • Reservation Fee only £2,500

 

Product Summary
  • Location: Sheffield City Centre
  • Residential
  • A stunning four-storey atrium boasting a full-length glass roof
  • 129 luxury studio, one and bedroom apartments
  • Construction Start Date mid 2016
  • Completion Date Q3 2017 
  • Developer – Noble Design & Build 
  • Management Company – Noble Living 
  • Everything a young professional needs, centrally located including great bus and tram links and close to both universities and city centre
  • Highly Energy Efficient 
  • High specification 
  • 10 years construction warranty
Financials

 

City centre micro-apartments continues to provide stable lucrative returns for investors and shows no signs of slowing in cities such as Sheffield where demand continues to outweigh supply.

The Investment Example below is a STUDIO in the new LIGHTBOX project that represents a solid investment opportunity, with generous annual returns and a choice of purchase options for investors.

 Investment Example

Purchase Price  £101,700
Gross Annual Income  £10,200
Service Charge  £1,200
Ground Rent  £295
Management Fee  £400
Net Income  £8,305
Net Yeild 8.17%
Purchase Process

1: After a full consultation process with your property advisor, a unit will be selected. They will then prepare and send you a Reservation form 

2: Pay a £2,500 reservation fee to secure your unit  

3: Both parties’ solicitors will be instructed and a Legal Contracts Pack is issued to your solicitor for review and subsequently sent to you to sign 

4: Pay your Exchange deposit monies into your solicitors client account 

5: If applicable to the payment plan you have agreed - pay a build milestone stage payment  

6: Remaining balance of monies will be due on Completion of the development


Features

Gym
Gym

Cinema Room
Cinema Room

State-of-the-art Security
State-of-the-art Security

Restaurant
Restaurant

Find out more about New Development, Sheffield

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From outside the UK please call (+44) 333 212 0415