Lightbox Sheffield: A pioneering, beacon residential development situated at the heart of Sheffield’s Cultural Industries Quarter, and a contemporary new home for the city’s young professionals.
The latest state-of-the-art addition to Sheffield’s ever-expanding skyline from renowned developers Noble Design & Build, Lightbox offers prime investment opportunities for landlords keen to capitalise on the city’s burgeoning rental market.
Comprising a balance of stunning one-bed, two-bed and studio apartments over four spacious levels, Lightbox answers the city’s growing demand for affordable luxury living, just a stone’s throw from Sheffield’s trendiest bars, clubs and restaurants, and well-served by city centre shops, theatres and transport hubs.
Lightbox 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, the Crucible Theatre and Sheffield Hallam University. Boasting 129 luxury one- and two- bed apartments and studios, a four-storey atrium and a stunning full-length glass roof, Lightbox is an exciting new home for Sheffield’s vibrant young professionals. And a dedicated concierge, on-site gym and residents-only cinema will appeal to its discerning tenants. Planning permission for a ground floor café/restaurant has also been granted in principle.
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, Lightbox represents a unique opportunity to capitalise on excellent yields in a prime development hotspot. Now is the time to invest. Off-plan investment opportunities are now being made available with a guaranteed 8% return for the first 3 years on a first-come, first-served basis. Construction is due to commence mid-2016 and is estimated to complete September 2017.
• 8% return guaranteed for 3 years
• Development hotspot
• Up to 17.5% discount (off RICS valuation)
• Instant equity
• Capital appreciation
• Prices from £108
• High rental demand
• Excellent yields (up to 10%)
• Lease: 195 years
• Ground rents: £295 pa
• Service charge: £1000 pa (approx)
• Reservation fee: £2500 (deducted from purchase price on completion)