This property for sale in bailey lane in Sheffieldis is a new student accommodation consisting of 76 apartments over 6 floors. This property is a new build property consisting of studio apartments over 6 floors. The en-suite apartments are available to purchase for £82,950. All of This property come with a 5-year assured net rental of 8% per annum.

 
This property ticks all the boxes in for investors and students alike. 

Located 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.  

Both universities in Sheffield 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.

 
The University of Sheffield and Sheffield Hallam Univeristy bring 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.

 
All of the apartments are well-designed, fully-furnished and fully managed and let on the investors behalf.  Each apartment will have a secure fob access system, CCTV, Wi-Fi throughout.

 
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.

 
The train station is a 16-minute walk away and the city centre is just a 2-minute walk away. This prime location means that students can make the most of the wide variety of facilities that the city and surrounding areas have to offer.

 
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.

 
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.

 
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 principal 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.

 
World famous for its steel industry, stainless steel was invented here, Sheffield has a strong industrial heritage, and whilst the smoking chimney stacks are no longer a prominent figure on the Sheffield skyline, the city continues to prosper as a centre of manufacturing and technology excellence. Health and education, logistics and distribution, legal, financial and professional services all play a major role in the city’s make-up also.