Our student property investments are predominantly in cities and towns with large student populations such as Birmingham and Liverpool. We only choose buy to let student accommodation investment opportunities in the very best of locations, close to city centre amenities and university campuses, making the units very attractive to students.
Nebula is a new student accommodation building in the heart of Sheffield. It comprises 152 units including en-suite rooms, studios and one penthouse over seven floors. En-suite bedrooms are arranged into apartments composing of 3-6 units each sharing facilities such as kitchens, dining rooms and lounges. The studios and penthouse are for those who want more privacy and space as they are entirely self-contained. Facilities for all include cycle storage, a gym, mail room for collection and distribution of parcels and a reception area.
Nebula is conveniently located just a 10-minute walk from both Sheffield Hallam and the University of Sheffield. Shopping and entertainment options are also just moments away so students can fully immerse themselves in the Sheffield student experience.
Many people are attracted to investing in student property due to its hands-off nature. A management company is put in place which means that all investors must worry about is what they will do with the rental returns. Student property in Sheffield is seen as particularly attractive because it has low existing purpose-built student accommodation stock and the stock that is in service commands a 25% rental premium. Many universities have embraced purpose-built student accommodation to entice potential students, especially international students. They make up 16.9% of Sheffield’s total student population and contribute £187.2m to the local economy.
Considering the Coronavirus pandemic, we understand that people have reservations with regards to the requirement for student accommodation. However, 89 out of 92 universities surveyed confirmed that they will host some sort of in-person lectures. The necessity to attend will mean that student accommodation will still be in demand as students will need somewhere to stay. The University of Sheffield is a highly regarded university, ranking within the QS top 100 universities worldwide (92) and 12th in the UK. We anticipate student levels to remain consistent and the competition to be fiercer amongst lower ranking universities for international students.
Contact us today to find out more about this student accommodation investment in Sheffield.