Flat for sale in Hodgson Street Sheffield S3

Sale Price: £59,995

Hodgson Street Sheffield, S3 7WQ

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Street Address

Hodgson Street Sheffield, S3 7WQ

Property description

The Printworks Sheffield represents a stable and robust investment opportunity with purchase prices starting from just £59,995, with an estimated capital uplift of 5% per annum and an assured net rental of 9% for the first 3 years what more could today's investor ask for.

Printworks is the latest project from Noble Design and Build, experienced and proven developers with a reputation for thoughtful, quality builds since 2001.

Printworks is a purpose-built student accommodation hub in a prime location. Its six floors provide excellent social and communal facilities, including a cinema, gymnasium and IT suite, plus all the facilities and utilities you would expect from a high specification student development. Accommodation comprises 98 studios and 37 two bed apartments. All units are en-suite, have their own kitchen, dining and study areas, and make clever use of space with quality fixtures and fittings. The flats come fully furnished and include electrical appliances, bedding, crockery, cutlery and bathroom accessories: perfect for tenants to just arrive, unpack and unwind.

Printworks provides a luxurious student living experience in a central, stylish area of Sheffield, just a five minute walk from the universities. The City of Sheffield is a popular destination for students: home to two first rate universities, and witnessing a transformation in recent years from northern industrial hub to one of the UK's most desirable and cosmopolitan cities. The Sheffield student population continues to grow, yet the sector remains significantly undersupplied with quality purpose-built accommodation. Printworks'high specification build and prime location ensures demand for units will be high from both tenants and investors alike.

All units come with:

Widescreen TV, Double bed, Bedding, Wardrobe, Bedside cabinet, Bookcase, Kettle, toaster & microwave, Full height double fridge/freezer, Dinner set, mugs, glasses, cutlery & coasters, Bathroom mirror, mat & holders, Dining area, Sofa.

Onsite Facilities:

Cinema Room, Games Room, IT Suite, Gymnasium, Bike Store, WiFi, Laundry Room, CCTV Concierge.

F A Q'S:

Has the construction started?  Yes.

When will the building be completed?  September 2016.

Am I buying as freehold or leasehold?  Leasehold.

What can I expect as a return on my investment? Based on a purchase price of £62,995 you will receive an assured net rental of £5,750 per annum for the first three years, which is a 9.2% yield.

When is my rental income paid? Quarterly in arrears.

Can I resell my unit?  Yes.

Are there any restrictions if I want to sell?  No, you can sell off plan or once built but the developer would like first refusal.

Can I do anything I want with my apartment?  The apartments also have full residential use.


Property Features :

  • Great Investment Opportunity
  • Prices From Just £59,995
  • 9% Net Return for 3 Years
  • Fully Furnished
  • Games Room, Cinema Room & Gymnasium
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