Alexandra House, Sheffield
£40,995
Spacious 19.00 square metre student studio in the heart of Sheffield city centre, offering investors a fully managed and hands free investment opportunity.
A beautiful period building located in the heart of Sheffield, Alexandra House is the perfect spot for Sheffield students seeking a quieter residential experience with only 25 studios in the development.
Located in the city centre, Alexandra House offers a great location from which to enjoy everything Sheffield has to offer, whilst also having easy access to campus. Additionally, with only 25 studios in the building, it offers great student accommodation for a more mature student audience. It’s ideal for post-graduate students wanting a quieter environment. Each luxury studio is fully-furnished, and the building has a dedicated student common room on the ground floor where you can hang out with friends, play pool and watch TV.
Alexandra House – Lettings and Property Management
This studio is part of the block management from Primo Property Management, one of the UK’s leading student property management providers.
Alexandra House – Investment Breakdown
The studio is currently being marketed for the next academic year at £100 per week (45 weeks AST).
£100 x 45 weeks = £4,500.00 potential gross rental income
Estimated Annual service charge – £1,326.00
Annual Ground rent – £350.00
Lettings fee (Primo) – 8% plus VAT = £432.00 gross per annum (based on 45 weeks)
Potential net rental income – £2,392
Alexandra House – Facilities
Large lounge/common room area
CCTV in communal areas
Secure Key fob access
Laundry facilities (charges apply)
Free High Speed WiFi (100 Mb)
Sheffield is considered one of the northern economic powerhouses, it’s a thriving hub with a population of 560,000 people. The metropolitan district of Sheffield is much larger, with more than 1.8 million people living in the surrounds of the city.
In recent years, Sheffield has been subject to regeneration projects that have transformed the city, making it a better place to live and work. As part of the Northern Powerhouse initiative, there are plans for more investment and more redevelopment, continuing to grow the city and attract more residence.
There are two high quality universities situated in Sheffield, the University of Sheffield and Sheffield Hallam University, bringing in a new wave of young individuals year on year. This has resulted in Sheffield taking home over 60,000 students across both universities, meaning 10% of the city’s population is aged 20-24.
Both universities are ranked very highly within the UK and within Europe, developing each year to attract more and more students to the area. With thousands of students coming to live and study in the area, there is a constant demand for student accommodation.
We’ve helped over 300 investors since 2015…
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don’t fancy the ‘hard sell’ approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 337 3890.
We look forward to hearing from you!
"We have recently bought property with Pure Investor in Sheffield and the experience as first time investors was excellent. We were kept up to date with the progress and answered all our queries promptly We would recommend this platform for any body looking to invest in property"
Suri | Residential Property
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