Sheffield, historically famous for its steel production during the 19th century, is now the UK’s 4th largest city, one third of which is located in the Peak District national park.
With a steadily expanding economy of around 5% per annum, high employment levels and a strong reputation in both the business and manufacturing sectors, Sheffield has recently been the subject of huge redevelopment and is also one of the greenest metropolises in the UK, with and enormous 61% of the city classed as ‘green space’. In fact, Sheffield’s 250 parks, gardens and woodlands give it the highest ratio of trees to people anywhere in Europe!
The city is also home to two world-class universities, with one of the highest student populations in the country, of around 63,000 people. Sheffield now boasts one of the friendliest, safest and most multi-culturally diverse populations in the UK, and as a result, a growing number of students and young professionals are looking to call Sheffield ‘home’.
This population increase has resulted in a growing demand for modern, affordable property in a convenient city-centre location – of which there is currently a serious undersupply.
The development, located in the historic Kelham Island district just north of the city centre, is an ideal solution to this shortage, offering a unique selection of increasingly popular ‘micro-apartments’.
The properties are aimed at both students and young professionals, with both demographics now seeking high-quality, self-contained, affordable, modern properties on the doorstep of great culture, cuisine, transport and amenities.
An ideal ‘buy-to-let’ investment concept, the project offers just 52 fully furnished, self contained apartments, due for completion in Q3, 2016.
Located less than 2km from both the University of Sheffield and Sheffield Hallam campus, the development is within ‘spitting distance’ of amenities such as cafes, gastro pubs, bars and shops as well as public transport links. Onsite, these boutique micro-apartments will have desirable, modern facilities such as a fitness suite, cinema room, retail units, laundry and bicycle storage.
Ideal as a hands-free investment with fully experienced rental & asset management in place, with payments conveniently spaced across a 12 month period.
What’s more, as a market first, the developer is offering a unique guaranteed rental return of 7% for three years, payable on Day One of your investment! Interest of 5% paid will also be paid on deposited funds and the developer is offering an assured buyback after 5 years, at 125% of the purchase price, such is the confidence in this unique concept.
With already over 50% of units sold, choose from a selection of unit layouts and sizes, starting from just £72,995.