Why invest in the student market?
The student property market represents a lucrative investment opportunity right across the UK. It’s safe to say that the majority of students in higher education require accommodation, and they crave modern, purpose-built, well managed properties, which offer great access to their place of study and local and national transport links.
The University of Sheffield has approximately 28,000 students, but can only provide around 6,000 students with a room in one of its halls of residence. Similarly, Sheffield Hallam can only accommodate around 4,500 of its 34,000 students in its halls of residence.
It’s easy to see that there’s a significant shortfall in supply of suitable student accommodation. This gap in the market needs to be met by the private sector, and this is increasingly being achieved with purpose-built, fully fitted properties across the city.
Artem Investment
Artem is a new build property consisting of 76 studio apartments over 6 floors. Sited just a short distance from both Sheffield Hallam University and the University of Sheffield, the location of this property is ideal for the student community.
The en-suite apartments are available to purchase for £82,95. All of the Artem apartments come with a 5-year assured net rental of 8% per annum. The leasehold is for 250 years and there are no restrictions should you wish to sell.