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Kelham Works Sheffield, UK

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Invest in Sheffield UK Property Copyright 2014 for more details visit www.landscape.com.pk/realestate

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Page 1: Kelham Works Sheffield, UK

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Page 2: Kelham Works Sheffield, UK

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Micro-apartments from just £69,950

Assured rental yield of 8% for 3 years

Return £49,504 (66%) from a 75K investment in just 5 years

Self-contained micro-apartments with private kitchens and bathrooms

63,000 students

one of the top institutions in the UK

Developer buy back option in year 5 at 125%

12 month extended payment plan

Micro-apartments that target students and young professionals

A fully and fully managed by reputable asset managers

INVESTMENT DETAILS

JUST 52 UNITS AVAILABLE!

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Page 3: Kelham Works Sheffield, UK

THE CONCEPT

Rise Of The Micro-apartmentWith space quickly becoming a premium within city centres, a pressing need has developed for Introducing the micro-apartment, the perfect balance of form and function. With clever storage design, vastly reduced energy consumption and improved construction time there is no wonder why micro-apartments are

give students and young professionals a new lease on life.

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After months of negotiations we are excited to announce the launch of

well worth the wait.

multicultural city that has earned its reputation for being one of the friendliest and safest major cities in the UK. It is considered the UK’s largest 4th city with 2.1 million people living within a 60-minute commute and boasts one of the highest student populations in the UK today.

the next ‘big thing’ in the UK property market, Micro-Apartments. A solution to the ever increasing demand for

Micro-Apartments are expected to become highly sought after.

INTRODUCTION

Return £49,504 (66%) from a 75K investment in just 5 years

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Micro-Apartments as an investment are a relatively new idea for many investors. The concept has historically been the venture of choice for investment funds and financial institutions due to the above average yields.

Capitalising on this sector is just like a buy to let investment because you buy the unit and “let” it out to paying young professionals or students. The most successful income generating assets (IGA’s) have been those that use a well-established operator with a substantial track record and well forged connections within the young professional and student sector.

Kelham Works is fully managed and marketed by the developer, providing investors with the opportunity to achieve a great return whilst being

interests of the developer to ensure the properties they manage are occupied, so investors can rest assured that the investment they make will be a lucrative one. On average, the yields generation from Micro-Apartments are far greater than those accrued within the traditional buy-to-let market.

INCOME GENERATING ASSETS

Developer buy back option in year 5 at 125%

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Once a residence is operating and a proven income stream can be shown, the investor can then take advantage of the resale market.

The Micro-Apartment would be valued on a commercial basis according to the level of rental income and the quality of operator. It’s reasonable to assume that if the rental income achieved rises by 10%, then the room value will rise by a similar amount, as it’s typically the yield percentage that the new investor is seeking.

Investors should look to buy a take advantage

of the early years’ greater than average rental income. When the rental income has a solid track record then you have a proven IGA to resell.

There are now a number of dedicated resell companies coming online preparing for a lucrative new sector in the years to come.

LUCRATIVE EXIT STRATEGY

8% MINIMUMRENTALASSURANCEFOR THE 1ST3 YEARS

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Page 7: Kelham Works Sheffield, UK

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“ The student property sector is now worth £200 billion globally, growing faster than ever before

- The Financial Times 2012

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The student accommodation sector now outperforms every other asset class in the UK and last year witnessed a staggering £2.7 billion invested, a 125% increase on investments in 2011.

In spite of increased tuition fees, UCAS continues to report record numbers of applications, with over 600,000 applying for just 400,000 places for the 2013/14 academic year.

This extraordinary demand shows no sign of slowing down which means universities across the UK are now facing the problem of housing students. Many institutions fail to house all of their first year intake and accommodation for years 2 and 3 is even scarcer.

It is of no surprise that most purpose built student accommodations face occupancy rates of 99% or higher and are consistently delivering impressive yields in excess of 9 and 10%.

The highest yielding student properties appear to be in the north, where property prices are low but still command impressive rents.

UK’S NUMBER 1 ASSET CLASS

INCREASING DEMANDSome university centres have virtually no private purpose built student accommodation and so the entire reliance is on

investors can tap into an extremely lucrative rental market and at the same time help solve the on-going housing shortages for today's student population.

80,000

70,000

60,000

50,000

40,000

30,000

20,000

10,000

Source: UCAS2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

ACCEPTED SURPLUS

DEMAND CONTINUES TO OUTSTRIP SUPPLY FOR STUDENT PLACES

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Page 9: Kelham Works Sheffield, UK

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A THRIVING COMMERCIAL CENTRE

WHY SHEFFIELD?A prime player in the Industrial

the steel capital of the world. Although the manufacturing plants have now declined, the city has retained a strong economy and attracts businesses globally with its high employment rate and strong performance in both its business and manufacturing sectors.

With branches of some of the world’s most famous organisations located in the city (IBM, Rolls Royce and

to attract international interest due to its accessible location, key industrial sites and large retail outlets including Meadow Hall, the largest shopping centre in Yorkshire.

A BEAUTIFUL PLACE TO LIVEOne of the cheapest places to live and

of the greenest, with over 200 areas of woodlands and public parks within the city, not to mention the beauty of the Peak District National Park, which is only 10 minutes from the university.

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“In 2011 The Times

University of the Year ”

THE UNIVERSITIESOver 63,000 students choose to study

than 7,000 international students (rated number 3 for experience), making the city a prime site for investment in the provision of high-end student accommodation.

SHEFFIELD UNIVERSITY

Founded in 1905, it is one of the original ‘red brick’ universities

Named UK University of the Year in 2011 Times Higher Education Awards

Produced five Nobel Prize winners

Over 25,000 students, including more than 3,700 international students

Renowned for its research programs and ranked highly around the world

A founding member of the Worldwide Universities Network

Ranked as one of the Top 100 universities in the world

Has 84 specialised research centres / institutes

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SHEFFIELD HALLAM UNIVERSITYwith more than 33,000 students,

universities in the country, and is one of the biggest provider of health and social care and teacher training in the uk. it’s based on two campuses, one in the bustling city centre and the other out in the leafy suburbs. investment of £115m over the past 10 years has provided the university with modern, well-equipped teaching facilities.

More than 33,000 students study on 572 courses

Home to over 4,000 international students from 120 countries

Fourth largest university in the UK

Spread over two main campuses – City Campus and Collegiate Campus

Business partners include; Sony, BP, the NHS, Network Rail, SAP and Microsoft

Awarded over £2 million from the HEFCE Science Research Fund

England’s largest provider

“More than 8,000 overseas students in

reportedly worth £120 million per year to the local economy ”

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Page 12: Kelham Works Sheffield, UK

The Location - Kelham Island Quarter

history meets the contemporary. The majority of this quarter is within the Kelham Island Conservation Area, the most intact area of

popular Kelham Island Museum and other impressive Industrial Era construction. Being a historical conservation area only the finest quality materials and construction methods can be used in the regeneration of existing buildings, thus enhancing the quarters overall aesthetics and construction quality.

Kelham Island’s connectivity with the rest of the city has been recently improved, creating greater access to this burgeoning area of the city. As a result all manner of cafes, gastro pubs, bars and breweries are thriving, in what is quickly becoming a new student mecca. These successful redevelopments act as a catalyst, increasing the population and enhancing the image of this historic district.

As you can see Kelham Island is the ideal location for these high quality, boutique micro-apartments. With a wealth of history, culture and culinary delights on its doorstep, Kelham Works will face high demand not only the rental market, but from those wishing to invest in the smarter urban living option that is ‘the micro-apartment’.

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FACILITIES SPECIFICATIONS

Retail Space

Cinema Room

Laundry

Games Room

Bicycle Storage

Gymnasium

“These micro-apartments have the option to target students & young professionals ”

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MICRO-APARTMENTS SPECIFICATIONSLike any residential apartment, each micro-apartment at Kelham Works will be delivered with a modern kitchen and en-suite. For a small additional cost the developer will then furnish througout.

All rooms are specifically designed to fully utilise space. With clever storage solutions, high spec finishings and superior build quality these micro-apartments are the perfect urban housing solution.

SPECIFICATIONS:Three quarter bed with mattress

Workstation with study chair

Shelving and drawersKitchenette with fitted oven,hobs and sink

En-suite bathroom with showercubicle, vanity sink unit and toiletCarpet, blinds and light fittings

Internet with hi speed Wi-Fi orEthernet connection

“Micro-apartments from just £69,950 ”

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THE DEVELOPERNoble Design & Build are developers that have been active in the UK property market for many years with a good reputation and are able to deal with both small and large projects. Noble act, in most cases, as the ‘developer’ in its projects, assembling appropriate teams of expertise to carry out the build itself, and have worked alongside some of the leading companies within the industry. This includes major PLC steel-frame fabrication companies and the leading suppliers of lifts, build materials and ground works.

Noble also has its own build teams and sub-contracted regular trades for groundwork, construction, first and second fix and decor/renovation. Noble have used Premier guarantee on their recent new build sites to give assurance and build guarantees, adhering to the required standards.Further to this, Noble only work with large multi-partner expert services such as architects, engineers and survey companies, ensuring that quality control, planning and construction meet the highest levels.

The company has a large land and site bank, many projects in progress and in 2014 Noble will complete more than 200 units with 200 further units already in the pipeline for next year.

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PURCHASE PROCESSPayment Plan 11/ £6,000 RESERVATION FEE (includes £1000 admin fee)

2// 50% VALUE OF PURCHASE PRICE (less £5000) on exchange of contract (within 28 days)

3/// 30% VALUE OF PURCHASE PRICE (on roof)

4//// 20% ON COMPLETION

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When will the building be completed?Kelham Works is due to complete Q4 2015.

What are the projected annual returns?The developer will lease the property from you for 3 years at 8% NET paid at the start of each year. Alternately, for those investors looking to see the 3 year return immediately on completion, the developer will pay the 3 year lease up front at 7% NET.

Are there any restrictions if I want to sell?No. Once you have completed on the purchase and you have the legal title deed, you would be free to sell your unit on the open market at any time in the future.

Am I buying as freehold or leasehold?195 years leasehold.

Will there be a build warranty?Yes, 10 years.

F.A.Q’s landscape.com.pk/realestatelandscape.com.pk/realestate

Page 19: Kelham Works Sheffield, UK

SALES PRICE RENT PER WEEK FOR 51 WEEKS GROSS RENT NET YIELD (YR1)

£74,950.00 £150.00 £7,650.00 £5,996.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

WEEKLY RENT £150.00 £154.50 £159.14 £163.91 £168.83

ANNUAL RENT £ 7,650.00 £7,879.50 £8,115.89 £8,383.36 £8,610.14

DEDUCTIONS - - - £ 2,076.18 £ 2,138.47

NET RENT £5,996.00 £5,996.00 £5,996.00 £6,283.18 £6,471.67

% Y IELD 8.00% 8.00% 8.00% 8.38% 8.63%

Deductions includes service charge, ground rent and management

Anticipated rent increases of 3% per annum

195 YEARS LEASE

KELHAM WORKS INVESTMENT SUMMARY8% RENTAL

ASSURANCE

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Page 20: Kelham Works Sheffield, UK

Disclaimer: All images and information about the development are provided as an indication of the likely style and specification of the development. These specifications are not finalised and may be subject to change.

Office: Third Floor, 20-C Main Khayaban-e-Shahbaz, DHA Phase VI, Karachi, Pakistan.UAN: (+9221) 111-LAND-11 | 111-5263-11Tel: (+9221) 35240515 to 19 Fax: (+9221) 35240520Email: [email protected]: www.landscape.com.pk/realestate