Hopwood House - Property Investment
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  • Call: +44 (0) 161 337 3890

St Marys , Sheffield


Development Details

  • Price: £69,995.00
  • Location: Sheffield
  • Region: Yorkshire
  • Country: United Kingdom

Highlights

  • 17 sq. m. student en-suite unit
  • Net yield 6.71%
  • Rent paid quarterly in arrears
  • Fully managed

Enquire about this Development

St Marys

Information on St Marys

St Mary’s House comprises 101 student en-suite rooms and studio apartments over 2 floors. All rooms are fully furnished to a very high specification with bespoke bedroom furniture and wall mounted TVs.

The shared kitchen and living areas are fully integrated and finished to a very high specification with stainless steel appliances throughout. Within walking distance of Sheffield City Centre and the railway station. Also within walking distance of both the University of Sheffield and Sheffield Hallam.

St Mary's House - Highlights

  • Total Cost of Property: £69,995.00
  • Contractually Assured Property Buy Back Value: £81,187.50 minus £69,995.00 = £11,192.00
  • Rent paid quarterly in arrears
  • Fully managed

Financial Breakdown

  • 52 weeks x £125 pw = £6500
  • Lettings fee £400
  • Service charges £1200
  • Ground rent £295
  • NET YIELD 6.71%

Buy Back Option

The developer retains an option to buy back this unit from October 2018 to November 2019, at a fixed price of £81,187.00.

Purchase Process

1. Complete reservation form and pay deposit of £6,020.00 (includes £850.00 plus VAT administration fee)
2. Solicitor instructed, legal's and sales pack sent out
3. Balance paid on exchange and completion of contracts, within 28 days

Development Availability

PropertySizeBedroomsPriceEnquire
En-suite pod17 square metres-£69,995.00Enquire

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below to arrange your free no obligation property consultation.

Client Testimonials

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Hopwood House took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

Image Gallery - St Marys

View of the St Mary's development in Sheffield
View from the top floor unit for sale
Kitchen
Bedroom and television
Ensuite toilets at St Marys

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Hopwood House - Property Investment