8

Net Yield

5

Rent Guarantee

102

Prices From

CONTEMPORARY LUXURY STUDENT APARTMENTS IN CITY CENTRE SHEFFIELD

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.

High Standards

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.

Investment Opportunity

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)

LOCATION

City Centre Developement

There are currently over £1billion of major schemes underway in Sheffield, including New Era Square, the city’s pioneering, £65million, 21st century ‘Chinese Quarter’. The complex, due for completion in 2018 (and very close to the Lightbox 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. Another major development nearing completion is St Paul’s Place, which signals the emergence of a new Business Quarter for Sheffield.

Sitting between the Peace Gardens and the Winter Garden, St Paul’s Place is a vibrant mixed use development, consisting of offices, high quality leisure and retail, 300 luxury apartments and a 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative £480million project focusses on the areas around Barker’s Pool, Pinstone Street and Moorhead, and merges with Sheffield’s award-winning public realm and cultural assets – including The Crucible and Lyceum theatres – and unites key retail areas from The Moor through to Fargate.

Studios from £101,500

OPTION 1 (10% discount)
35% deposit on exchange
+ a further 40% at roof stage
+ 25% on completion

1 beds from £125,000
2 beds from £165,000

OPTION 2 (17.5% discount)
75% deposit on exchange
+ 25% on completion
Developer will pay 5% interest pa on deposit funds

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  • Full Investment Pack
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You can simply call and speak with your expert Portfolio Manager on +44 (0) 207 097 5107. If you prefer to email or would like us to call you back please fill out the enquiry form.

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