Tel: +44(0)1244 343355
Fax: +44(0)1244 342717
With 25 years of experience, Residential Estates manage a reputable portfolio of high-yielding buy to let property investments, sales, and lettings.
Kelham Works, Kelham Island, Sheffield, South Yorkshire. S3 8RY
£69,950
Micro-Apartments
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Excellent City Centre Location
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NET Yields Circa 8%
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Due for completion Q4 2016
 Kelham Island |
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 External View 1 |
 External View 2 |
 The Fat Cat Pub - Pre Conversion |
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OVERVIEW
Sheffield provides the ideal location for the next ‘big thing’ in the UK property market, Micro-Apartments. A solution to the ever increasing demand for city centre space at affordable prices, Micro-Apartments are expected to become highly sought after.
Kelham Works contains 52 high-spec Micro-Apartments aimed at both students and young professionals. Within close proximity to both Universities in Sheffield, the location of this development is ideal.
Investors will receive an 8% net rental yield, guaranteed for 3 years. The expected completion date is for Q4 2016, however the developer is offering 5% interest on all deposited funds.
With an attractive payment plan in place and such a strong net rental yield, Kelham Works has already proven very popular with our investors. Therefore, we advise all of our investors to enquire early, to avoid disappointment.
KEY FEATURES
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Micro-apartments from just £69,950.00
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8% Net rental assured yield for 3 years
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12 month extended payment plan
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Fully furnished
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Fully managed
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£49,504.00 return from a 75k investment
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For students and young professionals
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Build completion Q4 2016
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5% interest on all deposited funds *Subject to payment plan
PAYMENT PLAN
Step 1: £500 Reservation fee
Step 2: £6,000 Reservation Deposit
Step 3: 50% of the unit price payable on exchange of contracts (Approximately 21 days)
Step 4: 30% of the unit price when the roof is on
Step 5: 20% on build completion