1 reception room
Student accommodation blocks are operated in a slightly different way to traditional residential blocks. All bills are consolidated and built into the service charge.
The developer in this instance is guaranteeing an 7.7% net yield for a period of 5 years.
Our platform calculates the net yield using standard and fixed variables with regards to costs, please see the “Actual financials” section below for a breakdown of the assumptions
Whilst the displayed financials below are market averages, this is the actual net yield calculation applied by the vendor:
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
At the time of listing there are no EPCs available for this property. However, Vesta will add these as soon as they have been received.
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
VIEW FINANCIALS WITH
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
All financial information is provided as a guideline only, is based on estimates and assumptions and is subject to change. Buyers are advised to seek independent financial advice. Capital at risk.
Sheffield is a city and metropolitan borough in South Yorkshire, England and is the third-largest English district by population.
The city is well connected via the M1 and M18 motorways. The M1 links it to London and Leeds, whilst the M18 runs from Rotherham to Goole.
Sheffield is also very easy to reach by train as major routes pass through the station. East Midland Trains run a regular fast service from London St Pancras to Sheffield, taking approximately 2 hours. The Cross Country Route links the East of Scotland and Northeast of England with the West Midlands and the Southwest, linking Liverpool and Manchester with Hull and East Anglia. High Speed 2 is planned to be operational by 2033 serving a city centre station in Sheffield, running services to Birmingham, London, Leeds and Newcastle. There are 5 other railway stations in Sheffield that serve as commuter stations for suburban communities.
The closest airport is Doncaster Sheffield Airport which lies around 25 miles outside the city centre and operates regular flights to European destinations. Other nearby airports include Manchester Airport, Leeds Bradford Airport and Nottingham’s East Midlands Airport.
Sheffield has a number of museums and heritage attractions, such as The Metalwork Collection, Kelham Island Museum, Abbeydale Industrial Hamlet, Weston Park Museum, Sheffield Cathedral, National Videogame Museum, Beauchief Abbey and Magna to name a few.
The Lyceum Theatre, the Crucible Theatre and the Studio Theatre provide a variety of entertainment and workshops throughout the year for young and old. Whilst the Lyceum is Sheffield’s home of pantomime, the Crucible is best known for hosting the prestigious World Snooker Championship since 1977.
Sheffield long sporting heritage aside from the World Snooker Championship make it is also home of the Sheffield Steelers, the UK’s first professional ice hockey team and the worlds oldest football club, Sheffield FC.
With more than 250 parks, woodlands and gardens and 1,600 acres of nature reserves Sheffield is England’s greenest city. It is estimated that around 61% of the city is greenspace, making it ideal for anyone who enjoys outdoor pursuits. Additionally, the Peak District National Park borders the southwest of the city offering further outdoor-based activities.
Sheffield has two universities, University of Sheffield and Sheffield Hallam University. The University of Sheffield has two main campus areas, the Western Bank and the St George’s. It ranks among the top 10 UK universities for grant funding and eight Nobel laureates are affiliated with it, six of which are alumni or former long-term staff at the university. Sheffield Hallam University is also based on two sites, the City Campus near the railway station and Collegiate Crescent Campus in the Broomhall Estate. It was ranked the 11th largest university in the UK in 2016/2017. Both universities attract around 60,000 students annually.
There are three main further education colleges, The Sheffield College, Longley Park Sixth Form College and Chapeltown Academy, as well as 26 secondary schools and 137 primary schools.
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.
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