Price :Starting from £64,950
Rental Yield :8% Net Rental Yield ( Assured for 5 years )
Completion Date :December 2020
Deposit Interest :N/A
Tenure :250 Years
Developer :Hermes Great Estate Ltd
Trippet Court is a new build property consisting of 63 en-suite apartments over 6 floors.
- Fully managed, contemporary student apartments
- Guaranteed net rental income
- Highly desirable location
Sited just a short distance from both Sheffield Hallam University (13 minute walk) and the University of Sheffield (10 minute walk), the location of this property is ideal for the student community. The mainline train station is a 16 minute walk away and the city centre is just a 2 minute walk away. This prime location means that residents can make the most of the wide variety of facilities that the city and surrounding areas have to offer.
All apartments are well-designed, have a secure fob access system, CCTV, Wi-Fi throughout and are finished with contemporary fixtures and fittings. These apartments are comfortable and functional whilst remaining aesthetically pleasing.
Students will also have access to a number of communal areas including dining areas, a laundry, cycle store and a communal kitchen, which is finished to a very high standard with high gloss units. This is a fully managed investment opportunity, with all properties available on a 250 year leasehold basis.
Where urban and rural living co-exist
Sheffield is a city full of character; from the stunning architecture, eclectic street art and beautiful rural landscapes, this South Yorkshire city has been dubbed one of the greatest cities in the UK. It is the principle administrative centre within South Yorkshire. Bordering Derbyshire, the Peak District and the Pennines it is located approximately 56 km (35 miles) to the south of Leeds, 67 km (42 miles) east of Manchester and 270 km (168 miles) north of London.
There has been a substantial increase in the 20-24 age bracket due to a large increase in the number of students at the University of Sheffield and Sheffield Hallam University. Both universities have also experienced an increase in international students, further increasing the city’s younger population.
Investing in the Student Market
The student property market represents a lucrative investment opportunity right across the UK. According to Parliament UK, the number of students enrolled on undergraduate and postgraduate courses in the academic year 2017/2018, was 2.3 million, and despite the costs of studying, the numbers of both domestic and international students applying to University courses is expected to see an even greater increase in future years.
There are certainly high expectations around the type of accommodation that students want to live in, and importantly for investors, they are willing to pay high rental costs in order to secure such accommodation.
With a high and constant demand for properties, along with a limited supply of suitable accommodation, and high yield returns— investing in the student market offers a relatively low risk investment opportunity.
Sheffield University - 10 min walk
Sheffield Hallam University - 13 min walk
Sheffield College - 14 min walk
Sheffield Main Line Train Station - 16 min walk
City Centre - 2 min walk