Investment
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1 Bedroom Studio flat

Vista Development, Pond Street, Sheffield, S1

£ 75,000

Call the Nottingham branch on 01159 209111

Features:

  • A brand new studio apartment in city centre position.
  • 7.5% guaranteed nett yield guaranteed for 5 years.
  • Studio and single ensuite rooms available.
  • Deposits and early registrations now being taken.
  • Further details available upon request with your Leaders Estate Agent.
  • Tenure 250 years
  • Construction Start October 2020 & Completion July 2022
  • Ideally suited to investors looking for a hands off property approach.
  • Prices from 75,000*
  • Size: 11.87 sqm

 

Property Description:

** INVESTMENT OPPORTUNITY ** ** CASH BUYERS ONLY **

** 7.5% YIELD ** ** STUDENT INVESTMENT **

** PRICED BETWEEN £75,000 -£100,000 **

Leaders Estate agents are proud to bring to the market these MODERN Mount Student investment opportunites. Sheffield Hallam University is located within close proximity, alongside the HEART of Sheffield. This particular development is able to offer investors a 7.5% YIELD- How amazing would that be?

This investment allows you as an investor, ht be completely hands off as it comes fully managed. Alongisde this, the specification inside will be completed to a high standard, attracting students instantly. These are very well priced opportunites with strong yield returns.

This is a en suite apartment within the development project. Alongside the en suite rooms, they are also studio apartments available. The masterplan aims to deliver facilities and an estate that enables and encourages a new way of learning, researching and working.

135.02 sq.ft generating an annual income of £5,625.00

Also included is a furniture pack which offers a bed, desk, chair, wardrobe and blind.

Maintenance & Management= £1969
Ground Rent= £350
Nett yield= £6281 or 7.5%

Payment Plan;
*£5000 reservation deposit.
*50% deposit upon exchange of contracts (less reservation deposit) -3% of interest on deposit begins.
*25% due upon completion (circa July 2022).
*5 Year NET Rental Assurance Begins (7.5% for 5 years).

 

Call the Nottingham branch on 01159 209111