QUEENS COURT SHEFFIELD
8% RETURNS ASSURED FOR 5 YEARS - UNITS FROM £74,950

Sheffield’s Student Market

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Sheffield is home to two Universities, with a staggering 60,000 students enrolled between them. The University of Sheffield is one of the original red brick universities and is ranked 13th in the UK Top Universities list. It is part of the highly esteemed Russell Group, a collection of 24 research intensive universities whose members consistently produce world class research. Additionally, Sheffield boasts six noble prize winners amongst its staff, past and present.

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There are studio and en-suite apartments available, which are well-designed, have a secure fob access system, and are finished with contemporary fixtures and fittings. Students will also have access to a number of communal areas including dining areas a laundry, cycle store and a communal kitchen. Situated just a short walk from Sheffield Hallam University and only 1.3 miles from the University of Sheffield, and only a 1 mile away from the mainline stations. This is a fully managed investment opportunity, with all properties on a 250-year leasehold.

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Investment Highlights

 

Where is Queens Court located?

Queens Court, 2 Queens Road, Sheffield S2 4DG

 

When will the building be completed?

Queens Court has a completion date of Q3 2023

 

How many apartments are in the development?

There are 246 units in total

 

Am I buying freehold or leasehold?

Queens Court is a leasehold property

 

How long is the lease?

The leasehold is for 250 years

 

Are there any restrictions if I want to sell?

No, there are no restrictions should you wish to sell

 

How much is the ground rent?

The ground rent will be ￡350 per annum

 

What are the projected annual returns?

There is a 5 year guaranteed net yield of 8%

 

When is my rental income paid?

All rental income is paid quarterly in arrears