TRIPPET COURT IN SHEFFIELD 8% ASSURED FOR 5 YEARS
https://www.emdps.com/trippet-court-sheffield
Student property Sheffield Trippet Court is a new build property consisting of 63 en-suite apartments over 6 floors. Sited just a short distance from both Sheffield Hallam University (13 minute walk) and the University of Sheffield (10 minute walk), the location of this property is ideal for the student community. The mainline train station is a 16 minute walk away and the city center is just a 2 minute walk away. This prime location means that residents can make the most of the wide variety of facilities that the city and surrounding areas have to offer. The en-suite apartments are available to purchase from £80,950. All of the Trippet Court apartments come with a 5 year assured net rental of 8% per annum. TRIPPET COURT THE DEVELOPMENT Where urban and rural living co-exist. There has been a substantial increase in the 20-24 age bracket due to a large increase in the number of students at the University of Sheffield and Sheffield Hallam University. Both universities have also experienced an increase in international students, further increasing the city’s younger population. INVESTING IN SHEFFIELD World famous for its steel industry, stainless steel was invented here, Sheffield has a strong industrial heritage, and whilst the smoking chimney stacks are no longer a prominent figure on the Sheffield skyline, the city continues to prosper as a centre of manufacturing and technology excellence. Health and education, logistics and distribution, legal, financial and professional services all play a major role in the city’s make-up also. LOCATION Set in the heart of the UK, Sheffield boasts excellent transport links to the rest of the country and internationally. This scheme builds on the hugely successful original Heart of the City project that kick started the regeneration of Sheffield city centre at the start of the Millennium. Heart of The City II is a mixed-use scheme comprising of high-quality retail, Grade A offices, hotel and residential developments, restaurants and cafés, leisure destinations, parking and stunning public realm. KEY INVESTMENT HIGHLIGHTS
Contemporary en-suite student apartments
Highly desirable location
8% Net Yield
5 Year Rent Guarantee
Fully Furnished and Managed
Trippet Court has a completion date of Q1 2024
76 units in total
The leasehold is for 250 years
There are no restrictions should you wish to sell
The ground rent will be £350 per annum
All rental income is paid quarterly in arrears
