INVEST IN SHEFFIELD OAKWOOD HOUSE

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1 INVEST IN SHEFFIELD OAKWOOD HOUSE STUDENT APARTMENTS COMPLETING SEPTEMBER 2017 page 1

2 LIFESTYLE Rich in culture and history, Sheffield has all of the buzz of a big city but none of the stress. Instead you feel like you could be in a laid-back village with astonishingly beautiful scenery. A regional powerhouse for drama and shopping, Sheffield homes two famously intimate theatres with many other small boutique productions, while the Meadowhall shopping centre is only a short tram or train ride away. A spectacle of sport, Sheffield has two professional football teams, the world snooker championship is hosted at the iconic Crucible each year along plus leading sides in ice hockey, both codes of rugby, basketball and speedway. STUDENTS Sheffield boasts over 60,000 students across two universities. Sheffield Hallam University, which is the sixth largest university in the United Kingdom, and the University of Sheffield, which has been rated number one in The Times Higher Education Experience Survey each year between , makes investing in student property a popular solution. Due to the affordability of living in Sheffield, graduates are increasingly choosing to stay in the city after completing university, ensuring there is a sustainable rental market beyond student accommodation. GREEN SPACES Sheffield is the greenest city in the UK, with more than 200 public green spaces and has more trees per person than any other city in Europe. In fact, half of Sheffield s population lives within 15 minutes walk of open countryside, and are still close to the city centre. If this isn t enough The Peak District National Park is also within walking distance, a familiar residence for cyclists, campers, climbers, or anyone who simply wants a nice stroll experiencing some of Britain s most iconic landscapes. INVESTMENT Sheffield has benefitted hugely from the Northern Powerhouse movement, cashing in on the largest Chinese investment in the UK outside of London. The 60-year, billion-pound construction deal is set to change the landscape of the steel city, creating hundreds of jobs and driving economic growth for generations to come. Some of the best know businesses around the world have also gained a foothold in Sheffield, including McLaren, Boeing and Jaywing. page 2 page 3

3 WHY INVEST IN PURPOSE-BUILT STUDENT ACCOMMODATION? Investments into purpose-built student accommodation have more than doubled to 3.1 billion between 2013 and Sheffield s student accommodation sector averaged a growth of 4.5% in rental values in The University of Sheffield, a top 100 university in the world and a member of the Russell Group, and Sheffield Hallam university, the sixth largest university in the UK, have seen a 590% increase in the attendance of overseas students over the past decade. The University of Sheffield also has partnerships with Shanghai Jiao Tong University and offer scholarships for Chinese students, creating a further need for additional student properties to be made available. Sheffield s student accommodation sector averaged a growth of 4.5% in rental values in 2015 THE LOCATION S6 POSTCODE Oakwood House is located in the popular student area, Crookesmoor, ideal for students for both universities. According to Rightmove, the average house price in the S6 postcode has increased from 144,040 in April 2015 to 171,280 in February Oakwood House sits just a ten-minute walk from the Sheffield Hallam university campus and less than a mile away from the University of Sheffield, with a tram stop taking students to both universities only 30-yards from the development. With such a central location, Oakwood House has a range of bars, restaurants and entertainment venues right on the doorstep, perfect for students wishing to experience all that Sheffield has to offer. MAP KEY (0.0 miles) = Distance from Oakwood House OAKWOOD HOUSE Sheffield Hallam University City Campus (1.4 miles) Tram Line (0.1 miles) Sheffield Station (1.6 miles) The University of Sheffield (1.1 miles) Royal Hallamshire Hospital (1.3 miles) Sheffield City Centre (1.4 miles) approx scale 100 meters page 4 page 5

4 OAKWOOD HOUSE THE DEVELOPMENT We are presenting a unique opportunity to invest in a luxury living development, purpose built for the modern student. Oakwood House is a renovation development located within one of the most popular city centre student areas in Sheffield. The development comprises 102 studios arranged in clusters of four, five or six units, each sharing a communal area complete with kitchen, dining area and lounge. THE PURCHASE PROCESS AND FUNDAMENTALS Purchase Price: 59,950 Rental Assurance: 4,636 per annum Assured rental income of 8% for three years PAYMENT PLAN 5,000 reservation deposit 50% at exchange Balance on completion at Sep 2017 Sales Price 51 Weekly Rental Payments Gross Rent Net Yield 59, ,160 4, year leasehold. Rental returns paid quarterly in arrears. a unique opportunity to invest in a luxury living development, purpose built for the modern student page 6 page 7

5 SPECIFICATIONS All en-suite studios are provided with full luxury fittings and furnishings alongside the shared communal areas in each apartment. EXCLUSIVE AGENTS Urban Student Life. THE DEVELOPER Arete Estates. Studio Specifications: Small double bed (4ft wide) Fitted wardrobes Workstation with study chair Shelving and drawers En-suite bathroom with shower cubicle, vanity sink unit, Communal Area Specifications: Fully fitted luxury kitchen Fitted oven hob and extractor Fridge freezer Microwave Breakfast bar and seating Urban Student Life provide cost-effective solutions in an uncomplicated manner that allows investors to achieve performance, investment return and sustainable quality. Urban Student Life ensure every student tenant will have a friendly, personal service, with the mantra that every guest is treated like a client, not a lodger. With a wealth of experience and an in-depth working knowledge of the commercial investment industry, Arete Estates have introduced their first purpose-built student accommodation. Arete Estates provide patient, long-term business support, rigorous institutional oversight, financial stability and a guiding philosophy of maximising financial well being. bathroom mirror and toilet Lounge with sofas and flat screen TV Bath towel, white hand towel Wi-Fi Carpet, blinds, light fittings Internet with hi speed Wi-Fi or Ethernet connection page 8 page 9

6 FLOOR PLANS FLOOR PLANS Apartments: 1, 4, 7, 10 Apartments: 2,5,8,11 Apartments: 2,5,8,11 Apartments: 12 page 10 page 11

7 HOPWOOD HOUSE LIMITED UK HEAD OFFICE The Forum, Tameside Business Park, Windmill Lane, Manchester, M34 3QS Tel: 00 (44) page 12