Priestley Street, Sheffield, South Yorkshire, S2 4DD
- Conditional Online Auction Sale
- Guide Price* : £480,000
Student Accommodation Portfolio located in the heart of Sheffield.
Description
A portfolio of tenanted student accommodation units located in the heart of Sheffield.
The portfolio consists of 7 apartments.
Achieving a Net Yield of 6.5%+ after Service Charge / Management & Ground Rent.
Each Unit consists of:
· Double Bed
· Built-in Wardrobe
· Workstation
· Internet
· Contemporary bathroom
· LCD TV
· Coffee Table
· Sofa Dining Table and Chairs
· Bespoke Designer Kitchen
· High Specification cooking and storage facilities
This is a purpose build student accommodation complex with gym and breakout relaxing area and is conveniently located less than 10 minute’s walk to the University, train station and city centre.
Why Invest in Sheffield
Sheffield's economy has significantly transformed over the last twenty years, with substantial improvements made across a range of economic indicators. New employment opportunities and businesses have been created, the two Universities have considerably increased both student numbers and capital investment, and the city's image has been radically reshape with a series of high-profile improvements to the built environment.
The Sheffield City Region is at the forefront of the uk's industrial and entrepreneurial development and was recently described by the Secretary of State as being "at the heart" of Britain's continued economic growth.
With an economy bigger than some European countries, the Sheffield City Region is a significant financial power.
The area is home to almost 1.8 million people and has an output of more than £24.7 billion per year.
Perfectly located just 8 minutes' walk from the new china town (due to be completed in 2018) Royal Riverside will be an ideal home to the thousands of students studying in both the world class University of Sheffield and the Sheffield Hallam University.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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