Studio flat for sale in Queen Street Sheffield S1

Sale Price: £60,000

Queen Street, Sheffield S1

Studio
-- Bed(s)
1 Bath(s)
Available

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Street Address

Queen Street, Sheffield S1

Property description

Why invest in this asset class?

+++++++Sovereign House is located in the centre of Sheffield less than half a mile from both The University of Sheffield and Sheffield Hallam. This ideal location caters to all students who want to live in the heart of the thriving city as it is minutes away from shops, restaurants and bars.

Comprised of 178 studios, this conversion from an office block to high quality student accommodation is expected to be completed by July 2015, in plenty of time for the year’s influx of students. Each studio will be furnished to the highest of standards. Students will also have access to a range of communal facilities including a TV/cinema room, gymnasium, entertainment lounge, laundry, bike storage and communal lounge.

Students are demanding more from their accommodation than ever before, and Parker Buchanan is delighted to be able to offer state-of-the-art hotel-style accommodation for students across the UK.

Property investors can expect higher returns by investing in modern student accommodation projects compared with buying traditional types of assets.

Total returns in the student property sector have notably outperformed all other traditional asset classes.

Investor returns for student property in the UK for September 2013 was 7.8% on average, which is significantly higher than the rental yields for average buy-to-let properties at 5.4% for the same month and for any bank savings account.+++++++

Investment Overview

► Premium Studio Apartments
► Prices from £60, 000
► 8.35% Net Returns
► Assured Rental Income for 2 Years
► Sheffield homes 63, 000 students
► 178 Premium Studio Apartments
► Less Than 9 Min Walk To Both Universities
► Completion for Summer 2015
► Converted from Office Block To Luxury Apartments
► Management Company Assigned

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