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Royal Riverside, Sheffield, from £68,500

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The Sheffield student population continues to grow, yet the sector remains significantly undersupplied with quality purpose-built accommodation.  Royal Riverside’s high specification build and prime location ensures demand for units will be high from both tenants and investors alike. The City of Sheffield is a popular destination for students and young professionals; home to two first rated universities, and witnessing a transformation in recent years from a northern industrial hub to one of the UK’s most desirable and cosmopolitan cities.

The student and young professional property market continue to provide stable and lucrative returns and investor’s appetite shows no sign of waning, with over £2 billion invested in this sector in the UK in 2013. Demand for university places in the UK remains strong, resulting in a continued oversubscription each
year. Overall, universities receive 13 applications for every 10 places available: an 8% increase over the last five years.

Students are increasingly demanding high quality and secure purpose build accommodation with great facilities close to their place of study. And they are willing to pay more than ever for these benefits. And when they graduate they will keep looking for accommodation nearby for work. A shortage of this kind of accommodation ensures rental values remail high across the board.

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