West Bar Sheffield
Emerging Developments are proud to present these new contemporary apartments which are perfect for students & young professionals providing investors with 9% Net Rental Income and 22% Discount!
Sheffield’s vibrant City Centre is expanding and West Bar is fast becoming the up and coming area to live in.
As Sheffield City Centre finally gets the face lift and growth it has needed for years, West Bar is now the place for business types to live and work.
Only a short walk from the bars and restaurants of Campo Lane the land between New Street and North Church Street will be transformed into a beautifully constructed curved fronted building consisting of contemporary apartments.
The University of Sheffield has been named the best place to study for a degree, according to students.
The red brick institution topped The Times Higher Education (THE) Student Experience Survey 2014. It scored 84.7 across categories such as quality of staff, lectures, social life and accommodation.
Sheffield rose from third last year to secure first place, knocking the previous winner, the University of East Anglia (UEA), off the top spot.
Student Property Market
According to Knight Frank’s 2014 Property Insight Report, the student accommodation sector has produced positive rental growth every year of the economic downturn.
This pervasive demand for a British education shows no sign of fading as university applications are at record highs. UCAS figures for the 2013/14 intake have indicated that nationally, university acceptances are at their highest ever levels.
The popularity of student accommodation among investors is effectively driven by reliable occupancy rates of 99% or higher, as well as the structural under supply.
Investors are capitalising on the rising demand of boutique, high-quality accommodation, in addition to the shortage of passable properties that fulfil students’ needs, to generate high returns, not found anywhere else in the UK’s property market.
Knight Frank predicts this asset class is set to continue to be strong in the future, saying: “We forecast 2014 will see increased rental growth, sharpening yields and improved investment performance for existing funds.”
Ideally Located in Sheffield
9% Assured Net Rental Income for 3 Years
22% Below Market Value
Apartments for Students & Young Professionals
Hands Off Investment
Apartments from £67,950
Social & Games Room
For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474
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