Kelham Works - Buy-to-let Property For Sale In Sheffield, UK
Emerging Developments are pleased to announce the launch of the new Kelham Works development in Sheffield, a stunning collection of one bedroom 'micro-apartments' designed to cater for Sheffield's growing number of young professionals and students who aspire to city centre living at affordable prices.
Kelham Works is designed to appeal to investors who are looking to purchase high yield buy-to-let property in Sheffield city centre.
For investors, the Kelham Works development offers a generous 7% net return for the first three years, which is paid in full to the purchaser on completion.
5% interest is paid on deposited fund during construction phase. We are confident that these properties are already significantly below market value by 15-20%.
The developer of Kelham Works is one of Sheffield's most reputable, and they have an excellent track record of delivery in the student and buy-to-let property sectors in Sheffield city centre. We have worked successfully with this developer for a number of years, and are regularly visitors to the various sites throughout Sheffield city centre.
Kelham Works - Location
Kelham Works will be perfectly situated in the up and coming Kelham Island district of Sheffield city centre. Located just north of the main commercial centre, Kelham Island has seen a number of high quality property developments being launched in recent times.
As the area slowly moves away from its industrial heritage, there is now a strong opportunity for capital appreciation in the area as young professionals and student alike have identified it as offering quick and easy access to the main commercial centre and universities.
Key to the appeal of Kelham Island is its close proximity to both the city's commercial centre and universities, both of which are within 5 minutes on the new tram line, which now stops in Kelham Island itself. Many young professionals and more affluent students are now looking for property to rent in Kelham Island, as it offers close proximity within a more relaxed environment.
Built on a relatively small island, the area is ultimately restricted on the amount of future development which can be undertaken. We feel that within 5 years, Kelham Island will become the destination of choice for young professionals looking for accommodation in Sheffield city centre. As such, the new development at Kelham Works offers not only a high guaranteed yield for the investor, but also the potential for considerable capital appreciation in the short to medium term.
A recent Knight Frank survey stated that an average of five tenants applied for each new rental property in Sheffield city centre, and with an average of 17,000 students graduating in the city every year, this increased demand for new 'micro-apartments' in Sheffield shows no signs of slowing.
The Kelham Island district is the ideal location for these high quality, boutique micro-apartments.With a wealth of history, culture and culinary delights on its doorstep, Kelham Works will face high demand not only from the rental market, but from those wishing to invest in the smarter urban living option that is ‘the micro-apartment’
Prices from just £69,950
Return £23,091 in the first 3 years alone
5% interest paid on deposited funds
Industry First: 3 years rent up front on day one
125% Buy back in year 5
Incredible location in the vibrant district of Kelham Island
Fantastic facilities including a cinema room, laundry and gym
Full maintenance and management companies in place
For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474
We can send you: Comprehensive Investor Report.
Availability, Price List, Floor Plans.
Details on the Assured Rental.
If you wish to reserve online please request the Reservation form by email! Please ask us any questions you may have!