Vita Student, Sheffield
➤ Prices starting from GBP105,607
➤ Assured rental returns of 7% for 5 years
➤ Incredible 35% net rental return over 5 years
➤ Within minutes walking distance from both universities
➤ Fully-managed, a complete ‘hands-off’ investment
➤ Portfolio of six developments all achieving 100% occupancy rates
Student Accommodation Investment, Vita Student, Telephone House, SheffieldNew World Property Investment are delighted to present Vita Student, Telephone House, Sheffield. A stunning buy to let student accommodation investment opportunity in the heart of Sheffield. Part of the Vita Student brand delivering more than 350 premium properties in one of the UK’s most prominent university cities, this £35 million project represents Vita Student’s most significant project to date.
The project is located at the very heart of Sheffield, a major centre for UK university education that plays host to over 63,000 students, 11,000 of which are from overseas. It is a city with a clear, proven demand for purpose-built student property, but until now has failed to provide the ‘superior student living’ that is Vita Student’s trademark. The most exciting element of Telephone House’s location is its proximity to both the University of Sheffield and Sheffield Hallam University. Minutes’ walk from both institutions, Telephone House not only represents Sheffield’s finest student residences, but it is the only development located this close to both universities.
A complete renovation of what used to be BT’s 14 storey regional headquarters, Vita Student at Telephone House is being developed into luxury apartments designed for students with discerning tastes. Residents can expect to find an en-suite shower room, fully integrated kitchen and flat screen smart TV, alongside other high-spec fixtures and fittings. These factors, together with the fact that the development is in a prime location near two prestigious universities, means it will experience extremely high demand from students, subsequently creating the kind of high returns synonymous with student accommodation investment.
- 35% net rental return assured over 5 years – yield based on 7% annual return for five years
- 63,000 students, with 45,000 unable to access private accommodation
- Within minutes walking distance from both universities – the best located student development in Sheffield
- Fully-managed, a complete ‘hands-off’ investment
- Final units remaining for investors to buy in this popular development in the heart of Sheffield
- Long-term security: with six developments all achieving 100% tenancy rates, Vita Student investors are now realising a minimum yield of 7%+
Investing with us at Vita Student Telephone House is as easy as picking up the phone. The steps are outlined below:
1. Call and speak to your property expert at New World Property Investment
2. Select the best unit(s) available
3. There is a reservation deposit of GBP5,000 payable to secure your unit(s)
4. 25% payable at exchange of contracts (usually within 28 Days)
5. 25% payable in June 2015
6. 50% remaining balance payable on completion
Estimated Completion: Q4, 2015
Finance: Available subject to status
Unfortunately this particular opportunity is now sold out. Please browse our alternative student accommodation investment opportunities.