We are excited to offer exclusive inventory in Priestley House, a premier student accommodation development in Sheffield. Completed in May 2019, this property boasts larger-than-average studio apartments and has achieved near-full occupancy. With Sheffield Hallam’s 37,000+ students and a city-wide demand for housing, this investment guarantees a 9% NET annual rent for 2 years.
Investment Highlights:
- 9% NET Rental Yield: Assured for 2 years
- Starting from £91,902: Cash buyers only
- Strategic Location: Proximity to local universities and the city’s evolving landscape
- High Demand: Backed by Knight Frank’s report on the student housing deficit until 2030
- Sheffield City Region: £24.7 billion yearly output, attracting stable returns
Priestley House stands out with its generously sized apartments, approximately double the size of similar studios, offering residents ample space in a thriving market. The development is fully furnished, managed, and maintained, ensuring immediate income for investors. Additionally, no stamp duty is applicable up to £250,000.
Development Specs:
- Fully Furnished: Ready to rent
- Larger-than-Average Studios: Approx double the size of standard studios
- Managed & Maintained: Hassle-free investment
- Immediate Income: Start earning right away
Don’t miss this unique opportunity to invest in Sheffield’s booming student housing market. Secure your place in Priestley House today and enjoy substantial returns with a guaranteed rental yield and promising capital gains!
