Prime property investment in Sheffield - 8 percent NET yields for 3 years
Preston Baker are offering an amazing opportunity to acquire off plan property investments built by one of Sheffield’s leading seasoned developers.
Lightbox is a pioneering, beacon residential development situated at the heart of Sheffield’s Cultural Industries Quarter, and a contemporary new home for the city’s young professionals. It offers a prime investment for landlords to capitalise on the city’s fast growing student and young professional’s rental market.
Comprising boasts 129 Luxury self-contained one-bed, two-bed and studio apartments over four spacious levels within a four storey atrium with floor to ceiling glass with high quality fixtures and fittings throughout. Browse listed properties online.
Lightbox is the answer to the city’s growing demand for affordable luxury living, just a stone’s throw from Sheffield’s trendiest bars, clubs and restaurants, and well-served by city centre shops, theatres and transport hubs.
The building will further benefit from a concierge, on-site Gymnasium and a resident’s only Cinema. Construction is due to be completed by Spring 2018.
Investment Key Points
Lightbox represents a unique opportunity to capitalise on excellent yields in a prime development hotspot. Off-plan investment opportunities are now available on a first-come, first-served basis.
- An assured net rental of 8% for the first 3 years
- Up to 17.5% discount (off RICS Valuation)
- A1 location
- Prices from £96,525
- Over 40% SOLD
- £2,500 reservation fee (28 day exchange)
- High rental demand outstripping supply with over 64,000 students in Sheffield
- Ten year structural warranty
- In proximity of the new Chinese New Era Square development completes 2018
- Completed developments by the same developer available to view NOW
Zoomed in view of the floor plans - download the brochure for full plans.
Sheffield a hub for students
Sheffield, England’s fourth-largest city, is an exciting and modern place with a population of over 560,000.
It is one of the UK’s most popular destinations for students, playing host to over 60,000 domestic and overseas students, a high proportion of whom choose to stay, or return and settle in the city.
The presence of two high-ranking universities and one of the largest further education colleges in the UK means Sheffield has a distinctly youthful population throughout the year and, therefore, considerable rental demand from its high number of students and young professionals.
For further information or to discuss investment options please contact Damien Jefferies at our Sheffield Branch on 0114 299 3896 or 07843 034 525.
Posted 20 months agoShare this article