Property description
Bradshaw Henderson are delighted to offer Spectrum Apartments, a purpose built student development comprising of 152 units over 7 levels. It offers 147 student en-suite bedrooms, 4 studios and one premier penthouse on the top floor.
General The development has an excellent central location, with both Universities being just a 10 minute walk away and the city centre just on its door step. All amenities, shopping and entertainment are just moments away for the student looking for accommodation with the best the city has to offer.
Sheffield is England's 4th largest city
2.1 million people live within a 60-minute commute of the region
Home to world-leading manufacturing and engineering companies
Growing key sectors include the creative and digital industries, low-carbon and healthcare technologies
Why invest in Sheffield Sheffield and Leeds recently topped a list
of university towns and cities that could
benefit from more purpose-built student
accommodation. A recent report from property specialists Savills say
that a massive 3,971 homes in Sheffield could return
to family use if students swapped shared houses for
purpose built student accommodation, alleviating
the current housing shortage for families. This would
result in a significant rise in the demand for high
quality accommodation in the city.
Grading cities according to their student provision
potential, Sheffield was awarded a 2.1 for its strong
Why Invest In Sheffield? research base and its attractiveness to the international student market. The universities in Sheffield can only provide
accommodation to 23.4% of students The universities in Sheffield are only able to provide
The Opportunity Spectrum Apartments is a purpose built
student development comprising of 152
units over 7 levels. It offers 147 student
en-suite bedroom, 4 studios and one
premier penthouse on the top floor.
The student bedrooms are arranged in apartments of 3-5
units, each sharing a deluxe communal area complete
with top of the range kitchen, dining area and lounge.
The studios and penthouse are more private and selfcontained
to include their own kitchen and dining area;
perfect for a student who wants the luxury of more space.
The development has an excellent central location, with
both universities being just a 10 minute walk away and the
city centre just on its door step. All amenities, shopping
and entertainment are just moments away, perfect for
students searching for the very best accommodation
with the best the city has to offer.
With striking design and modern architecture, Spectrum
Apartments, will certainly stand out amongst its historical
industrial surroundings.
About Sheffield Location: North England, South Yorkshire
Region Population: 1.8 Million
Total Student Population: over 60,000
Full Time Student Population: 48,630
'Sheffield offers a unique blend of
everything urban and rural'
Sheffield is a rich, diverse, multicultural city that
has earned its reputation for being one of the
most friendly and safest major cities in the UK.
The most geographically varied city in England,
Sheffield is a major industrial, cosmopolitan
and cultural centre renowned for its green open
spaces, creative talents, galleries, world class
sport facilities and cutlery.
Being the 4th largest city in the UK, Sheffield is
also surrounded by some spectacular scenery.
A third of Sheffield lies in the beautiful Peak
District National Park and is the only English city
that contains a national park within its boundary.
This makes Sheffield a truly unique and an
inspirational place to study for many of the
students that reside there, as escaping the bustling
city to explore the natural beauty of the Peak District
is so convenient
'Sheffield is England's 4th largest city'
Transport Located in the heart of the UK, Sheffield has excellent
transport links whether you are travelling by road, rail
or air.
Sheffield has extensive railway links to all major UK
cities and London is just 2 hours and 6 minutes away.
Trains leave to London from Sheffield every hour.
Manchester International Airport is an hour away and
there are frequent direct trains to there from Sheffield
city centre.
The Universties With a total of over 60,000
full and part time students,
Sheffield is home to 2
universities and 2 colleges of
further education.
Sheffield recognises its students as a
real asset and is renowned for being one
of the friendliest and safest cities in the
UK. With such a warm welcome many
students stay on after their studies to
make Sheffield their home.
Purchase Process Choose a student unit
Pay reservation fee
Instruct Solicitors
Exchange of Contracts
Stage Payment
Completion
FAQ What is the full address?
20 Egerton Street, Sheffield S1 4JX.
Is it a new build or a refurbished development?
It is a new purpose built student accommodation.
How much are the units?
Student bedrooms are priced from £55,995 studios from £69,995 and the Penthouse from £79,995.
What is the assured yield?
Minimum assured net yield is from £4,500 - £7,533.
How long is the lease and what is the ground rent?
The lease is 999 years and the ground rent is £500 per annum.
Are the rooms furnished?
Yes- All rooms are furnished to the highest specification. Please see brochure for room specifications.
How do I reserve a property?
Complete a Reservation Agreement Form and pay the fee to reserve your unit. This will be deducted from your exchange payments.
How will the payments be structured?
There are 2 options to choose from:
Option A: Pay reservation fee, upon exchange pay 50% (less the reservation fee) a stage payment of 30% and a final payment of 20% on completion.
Option B: Pay reservation fee, upon exchange pay 80% (less the reservation fee) and a final payment of 20% upon completion.
This option includes a £250 discount off the purchase price.
When will the building be complete?
July, 2015 - with a 4% delayed completion payment from the end of July 2015.
Property Features :
- Invest from only �55,995
- Minimum annual returns from �5,000
- Fully furnished accommodation
- Fantastic Facilities with large common area, gymnasium and tranquil courtyard
- Range of student bedrooms, studios and a penthouse suite