Sheffield has two large universities; the University of Sheffield and Sheffield Hallam University, with a total student population of 62,000 driving demand for private student accommodation.
The student accommodation is in a fantastic location overlooking a park and appeals to students from both universities, just 0.3 miles to the University of Sheffield and 0.8 miles from Sheffield Hallam University.
The University of Sheffield is highly regarded for its teaching standards, ranked 3rd in the UK and the UK Quality Assurance Agency for Higher Education places Sheffield in the highest category for quality.
The university was named as University of the Year in 2011 at the Times Higher Education (THE) Awards and was ranked 26th in the UK by the Complete University Guide and ranked 66th worldwide by QS World University Rankings.
Sheffield University features in the top 10 of highly regarded Russell Group universities and currently has 24,765 students, of which, 5,410 are international students.
The university has invested heavily in its teaching and leisure facilities, having just spent £20m in the Faculty of Engineering, due to open in autumn 2013; a state-of-the-art £12m research institute SITraN unveiled in November 2010; £3.4m development of Western Bank Library opened in February 2010 and a new student union due to open in September 2013.
Sheffield Hallam University is the 3rd largest university in the UK with 37,066 students, 4,000 are from overseas and is the 5th most popular university for applications according to UCAS.
The university has an excellent reputation for graduate employment with 86% of graduates in work or further education within 6 months of graduation. It operates vocational courses to promote employability, with strong employer links via placements with course design aligned to employer requirements.
Sheffield Hallam is based on two sites in Sheffield, City Campus 0.8 miles from the development and Collegiate Crescent Campus 1.4 miles away.
Sheffield Hallam has invested £110m in its estate over the past 10 years with a further £100m investment programme running from 2012-15, including a £27m teaching and learning complex in the Collegiate Campus and a £30m flagship building with improved teaching facilities.
With just 69 units available, availability is strictly limited and as the project will provide an immediate income, units are expected to sell quickly; therefore investors are advised to act promptly to avoid disappointment.
These modern purpose built properties are well appointed; all student pods have en-suite shower rooms, are furnished and have access to satellite television and broadband. Student pods are set in cluster flats of just 69 pods with a communal kitchen/living area with a fitted kitchen with modern appliances, some with balconies and furnished with sofas, coffee tables, dining tables and chairs. There are just 69 units available.
The property is fully managed by a specialist local student property manager with 100% occupancy across their portfolio of student properties in Sheffield, who has fully booked the student pods for the 2013-14 academic year, providing investors with peace of mind and a passive armchair investment.Completion: Completed & Operational
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Principal International are delighted to announce the release of a completed and fully operational student property investment in a superb location. The city of Sheffield is home to two universities with a student population of over 62,000.
These completed student properties will provide investors with an immediate income of 8% net, guaranteed for the first 2 years from acquisition. These excellent student properties will be particularly attractive to investors as they have a proven track record and are 100% let for the 2013/14 academic year, providing investors with peace of mind that they are purchasing a student property investment popular and proven in the student market.
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