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Central Sheffield, S1

10% Discount on RICS Valuation

8%   Assured NET Yield for 3 Years (guaranteed by the Developer)

110% Buy-Back Guarantee after year 5 (only if you want it)

The Developer is also the Letting Agent, so the whole process is seamless

The Developer has an Enviable Record and Provides Personal Guarantees

The Development is in Central Sheffield and is a new construction of luxury city centre apartments. Construction has commenced and the apartments are selling fast. 

March Progress Report Here

Recommended Apartment

A 1-Bed Apartment has a RICS Valuation £136,000. 

You get a 10% Discount giving a purchase price of £122,400

30% Deposit which includes the (reservation fee of £2,500) – £36,720

70% balance of purchase by way of Buy to let mortgage –       £85,680  

Mortgage payments on Buy-to-Let Interest only will be circa £249.90 pcm 

Guaranteed Rental yield of 8% for the first 3 years     £816.00 pcm  

The 8% yield is equal to a gross return of £9,792 a year less mortgage payments of £3,000 provides a guaranteed balance of £6,792 per annum profit.

There is a buy back option after 5 years of 110% of the purchase price which equates to £136,000 giving a capital growth profit of £13,600 (local experts predict much higher growth rates – property is scarce nationally and in Sheffield particularly).

Therefore, if the property was sold in 5 years for the guaranteed value of £136,000 you will have earned £13,600 + £33,960 (5 yrs rental income after mortgage payments) = £47,560.  Obviously, you also get your deposit back.

This example is based on potential rental income from year 4 based on current rent levels and costs. 

These returns are very high and is an example of how your money can work harder for you rather than depreciating in a high street bank earning under 1% 

You also have the options to keep the apartment in Sheffield and, as the value increases, you can release some of the equity to fund another investment further down the line and grow your property portfolio.

Sheffield Central, Sheffield S1  

Sheffield Central is a landmark living space of handsome proportions. Right at the heart of Sheffield’s thriving creative hub, the Cultural Industries Quarter, this prestige development is ideally located for city centre amenities and just a short walk from Sheffield Rail Station, and Crucible Theatre and Sheffield Hallam University.

Boasting 180 luxury one and two bed apartments and studios.  A full-length glazed roof and five-storey atrium provides a stunning centrepiece to the development, affording Sheffield Central residents beautiful sky views from the

first floor upwards.  What’s more, large floor-to-ceiling windows envelop the building on both sides encouraging natural light to enter and reflect, while elegant clerestory glazing creates an open, bright and welcoming environment throughout 

This is a fully managed hands-off investment with the following features:

  • Assured net rental 8% yield p.a. for 3 years
  • Projected typical yield circa 8% p.a. net of costs
  • Off-plan prices at 10% discount to RICS valuation
  • Studio apartments from £90,900
  • One bed apartment from £122,400
  • Two bed apartments from £180,000 
  • 195 years lease – ground rent £295 (max 5 year increase based on RPI)
  • Service charge £1200 pa
  • Management fee £400 pa 
  • Furnished with bespoke high-quality furniture (included in price)
  • Completion Q4 2019 – construction commenced 1 October 2018
  • Established developer with large portfolio under management by own letting agency
  • High quality design and construction
  • 10 years structural guarantee
  • Communal facilities include a lift, cinema, launderette, games room, gym, CCTV, bicycle storage.
  • 29 car parking & 80 bicycle spaces

Sheffield Market Report Here

Invest in Sheffield Central 

With rental demand in Sheffield increasingly outstripping supply, and as the city is poised to enter its most significant period of inward investment in recent history, Sheffield Central represents a unique opportunity to capitalise on excellent yields in a prime development hotspot.  

And how about your exit strategy? As a residential unit – it offers complete flexibility. You can live in it yourself if you want to and you can sell it at any time, to anyone, anywhere in the world. When the time comes to sell, you can use one of the many estate agents in Sheffield to assist you. 

Buying Options 

Payment Option One

  1. 10% Discount
  2. £2,500 Reservation Fee
  3. 30% deposit on Exchange
  4. Completion 70% less reservation fee.
  5. Note: NO Coupon

Payment Option Two

  1. 15% Discount
  2. £2,500 Reservation Fee
  3. 70% deposit on Exchange
  4. Completion 30% less reservation fee less coupon.
  5. Note: Coupon of 5% PA paid on deposited funds.

Click Here For Brochures

The Developer    

Noble Design and Build was established in 2001 and over the years has built up an impressive project portfolio. As a successful house builder and developer Noble is highly experienced with both small and large-scale developments. Since 2005 it has been a market leader in the residential and student sector with circa 3,700 completed units to date, and a further 1,200 in the pipeline until the end of 2017. 

Noble Design and Build’s focus has been on key growth areas of the UK, including Buckinghamshire, Luton and Sheffield. Sheffield has been a particular focal point, with a number of residential eco-developments that have been designed to meet the under supply of accommodation for 20-24 year olds. These unique eco-friendly projects run on 80% plus renewable energy; examples of these green methods used in Noble builds include full rainwater harvesting systems, full biomass heating systems and A+ grade recycled wood pellets. Recent projects include London Court, M Suites and Printworks. 

Since 2012 Noble has operated a very successful letting and management company; Noble City Living – this was created to provide a seamless service alongside the development company. Noble City Living efficiently let and manage all 3,700 units and maintain a 96%-100% annual occupancy rate. It also manages the wide range of services and amenities within the developments, which include gymnasiums, cinema rooms, laundry rooms and retail space. Noble’s simple philosophy is to create high quality developments at affordable entry levels that will provide guaranteed and sustainable year-on-year rental returns for all investors. 

Why invest in Sheffield? 

Sheffield, England’s fourth-largest city, is an exciting and modern place with a population of over 560,000. It is one of the UK’s popular destinations for students, playing host to over 60,000 domestic and overseas students, a high proportion of whom choose to stay, or return and settle in the city. 

There are currently over £1billion of major schemes underway in Sheffield, including New Era Square, the city’s pioneering, £65 million, 21st century ‘Chinese Quarter’. The complex, due for completion in 2018 (and very close to the Sheffield Central development), will include retail units, offices and an exhibition hall surrounding a central, open-air public events space, as well as a ‘business incubator’ to enhance trade links between China and the UK. 

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