Landscape Printworks Sheffield UK

landscape.com.pk/realestate

Purchase from£59,995

Assured net rental9% for 3 years

Completion dateJanuary 2016

Introducing

PRINTWORKSPrintworks provides a luxurious student living experience in a central, stylish area of She�eld, just a �ve minute walk from the universities.

The City of She�eld is a popular destination for students: home to two �rst rate universities, and witnessing a transformation in recent years from northern industrial hub to one of the UK’s most desirable and cosmopolitan cities.

The She�eld student population continues to grow, yet the sector remains signi�cantly undersupplied with quality purpose-built accommodation. Printworks’ high speci�cation build and prime location ensures demand for units will be high from both tenants and investors alike.

Printworks represents a stable and robust investment opportunity. Purchase prices start from £59,995, with an estimated capital uplift of 5% per annum and an assured net rental of 9% for the �rst 3 years.

5

Printworks is the latest project from Noble Design and Build, experienced and proven developers with a reputation for thoughtful, quality builds since 2001.

5

£61,950


Printworks Phase I is now released for sale, with Phase II available from December 2014.

The development will be fully completed by January 2016.

Investment

SUMMARYPrintworks represents a solid investment opportunity, with generous annual returns, a �exible exit strategy, and a choice of purchase options for investors.

55

Purchasefrom £59,995

Key Features

Unit no. 518

Type Studio

Purchase £62,995

Gross annual income £7,650

Maintenance £1,200

Management fees £400

Ground rent £300

Net income £5,750

Net yield (3 years) 9.2%

Investment Example

Assured net rental9% for 3 years

Estimated capital uplift 5% pa

Flexible exitstrategy

Purchase from £61,950


She�eld: A THRIVING ECONOMY

55

She�eld’s economy has signi�cantly transformed over the last twenty years, with substantial improvements made across a range of economic indicators.

New employment opportunities and businesses have been created, the two Universities have considerably increased both student numbers and capital investment, and the city’s image has been radically reshaped with a series of high-pro�le improvements to the built environment.

The She�eld City Region is at the forefront of the UK’s industrial and entrepreneurial development and was recently described by the Secretary of State as being “at the heart” of Britain’s continued economic growth.

With an economy bigger than some European countries, the She�eld City Region is a signi�cant �nancial power. The area is home to almost 1.8 million people and has an output of more than £24.7 billion per year.

Home toBoeing, Rolls Royce

& Siemens

Jobs in the City increased by

22%between 1995 and 2008


Vibrant nightlifewith a variedmusic scene

High street & boutique shopping

Within the UK’s �rst National Park

Restaurants & cafes to suit all tastes

Creative arts spaces

Leading theatres

A vibrant and

CULTURED CITYThe UK’s fourth largest city, She�eld o�ers a unique blend of both urban lifestyle and rural retreat. The city has been going through something of an ‘urban renaissance’ in recent years, making the most of its grand industrial heritage and architecture, and reinventing itself as a city of European signi�cance.

She�eld has something for everyone: a vibrant pub and club culture; high street andboutique shopping; restaurants to suit all tastes; the largest theatre complex outsideLondon; art galleries; iconic music venues; and sports facilities, including threeclimbing centres and the world’s deepest diving pool.

Yet a third of the city also lies within the beautiful Peak District National Park. This combination of an exciting, bustling, cosmopolitan city within an outstanding area of natural beauty, makes She�eld a truly unique and inspirational place to live, work and study.

5

This is a richly diverse, multicultural city that has earned its reputation for being one of the friendliest and safest in the UK.

5


International students are the driving force behind the demand for purpose built accommodation and, with no cap on the number of students who can study in the UK, Knight Frank has forecast that the number of international students in higher education will increase by 15%-20% over the next �ve years.

This will certainly further boost demand for luxury student accommodation and propel this investment sector from strength to strength.

“Student property returns will continue to outstrip traditional

asset classes into 2014”

The Knight Frank Student Property Report 2014

The student accommodation sector was ranked by The Times as ‘the top asset class in

the UK’s property market’ in 2012.

Investing in the

STUDENT MARKETThe student property market continues to provide stable and lucrative returns and investor appetite shows no sign of waning, with over £2 billion invested in student accommodation in the UK in 2013.

Demand for university places in the UK remains strong, resulting in a continued oversubscription each year. Overall, universities receive 14 applications for every 10 places available: an 8% increase over the last �ve years.

Students are increasingly demanding high quality and secure purpose built accommodation with great facilities close to their place of study. And they are willing to pay more than ever for these bene�ts.

A shortage of this kind of accommodation ensures rental values remain high across the board. Data from the National Union of Students shows that rents for purpose-built student accommodation continue to rise above the level of in�ation, increasing by 53% since 2006.

55


Why Invest in

SHEFFIELDWith a total student population of more than 60,000, She�eld recently topped a list of university towns and cities that could bene�t from more purpose built student accommodation.

The universities in She�eld are only able to provide university owned accommodation to a relatively small proportion of students. With just 11,369 bedrooms available to more than 46,890 full time students, a massive 76% are left looking for accommodation in the private sector or living at home.

This demonstrates a clear opportunity for the provision of purpose-built student accommodation within the city, particularly for She�eld’s expanding international student population, who are driving the demand for luxury student rentals.

5

Grading cities according to their student provision potential, She�eld was awarded a 2:1 for its strong research base and its attractiveness to the international student market.

5

25,545 students

22,420 full time

17.8% international

34,715 students

24,470 full time

9.2% international

University of She�eldThe University of She�eld is amongst the top 1% of universities worldwide, renowned for its innovative research, �ve Nobel prize winners, and awarded University of the Year 2011 by The Times.

She�eld HallamShe�eld Hallam is a centre of excellence for health care training. It is nearing the end of a £110 million development program that provides impressive new buildings on each of the main campuses.


TrainsShe�eld has extensive rail links to all major UK cities. Manchester is less than an hour by train and London is just 2 hours and 4 minutes away. Trains run from She�eld to London every hour, and up to three times per hour to and from Manchester.

RoadsShe�eld is connected to the national motorway network via the M1 and M18 motorways. The M1 skirts the north-east of the city, linking She�eld with London.

AirportsManchester Airport is an hour’s journey away by car, and just over an hour by train. This major international airport is the largest outside London and provides direct �ights to over 220 destinations worldwide – more than any other UK airport.

She�eld is the UK’s most centrally located city region. It is at the hub of key road and rail

networks and close to the major UK business centres of Manchester and Birmingham.

Centrally Located

CONNECTED CITYLocated at the heart of the UK, She�eld has excellent transport links whether you are travelling by road, rail or air.

55


55


Printworks is a high-pro�le development comprising160 sought after self-contained

apartments for students in a central, stylish area.

Printworks

OVERVIEWPrintworks is a purpose-built student accommodation hub in a prime location. Its six �oors provide excellent social and communal facilities, including a cinema, gymnasium and IT suite, plus all the facilities and utilities you would expect from a high speci�cation student development.

Accommodation comprises 151 studios and 9 two bed apartments. All units are en-suite, have their own kitchen, dining and study areas, and make clever use of space with quality �xtures and �ttings.

The �ats come fully furnished and include electrical appliances, bedding, crockery, cutlery and bathroom accessories: perfect for tenants to just arrive, unpack and unwind.

55

151 studios 9 two bedapartments

Fully furnished

High-spec �nish Excellentonsite facilities

Prime studentlocation


0.1 mileBus & Tram

round the corner

0.6 mile University of

She�eld

0.5 mileShe�eld Hallam

University

Nightlife & Eating OutIn the adjacent streets you will �nd a host of bars and restaurants to suit any taste, with the city centre and Eccleshall Road just a few minutes’ walk away.

ShopsPrintworks is close to a number of shopping centres, as well as having high street and boutique stores on the doorstep.

5 minute walk7 minute walk4.8 miles by car

Orchard SquareThe Forum Meadowhall

0.8 mile She�eld Railway Station

Printworks

LOCATIONPrintworks has everything students want and need within a few minutes’ stroll.

5

Printworks is ideally located for students: close to the city centre, shops and nightlife, and within short walking distance of two major universities.

5


Fully Furnished

INTERIORS

Widescreen TV

Double bed

Bedding

Wardrobe

Bedside cabinet

Bookcase

Kettle, toaster & microwave

Full height double fridge/freezer

Dinner set, mugs, glasses, cutlery & coasters

Bathroom mirror, mat & holders

Dining area

Sofa

FURNITURE PACK

Students want high quality, new build apartments with en-suite bathrooms and great

facilities close to their university. This allows them to concentrate on their studies and university life.

55


Onsite FACILITIES

5

Printworks provides a safe, secure environment with a 24/7 security system, WiFi throughout, and a range of excellent onsite facilities.

5

Gymnasium Bike store Laundry room

WiFi CCTV Concierge

Cinema room Games room IT suite


Floor 1

Phase II Phase I available now

Floor 2, 3, 4

FLOOR PLANS

55


Floor 5 Floor 6

Phase I available now Phase II

FLOOR PLANS

55


STAGE PAYMENTS

Payment

PROCESSOnce your property consultant has helped you to select your unit(s), please complete the reservation agreement and return it along with a copy of your passport, a recent utility bill and your deposit. The bank transfer details will be found on the reservation agreement.

When your property consultant con�rms they have received your paperwork you will need to instruct a solicitor. Should you require assistance we can recommended a number of solicitors experienced in handling student accommodation investment transactions.

Your solicitor will advise you of the paperwork they will require. Please return this promptly to reduce the risk of delays.

Your �rst instalment will be paid when you exchange contracts. Your solicitor will inform you when they have the date for exchange, providing you with adequate notice. At the time of exchange you will also be required to sign and return your contracts. If you are unable to do so due to your location, your solicitor will be able to act as your Power of Attorney but may charge an additional fee for this service.

After you have exchanged contracts you will receive a welcome letter from the developer, which will detail the future service they will provide and include all contact details.

You are required to pay a reservation deposit. Your �nal payment will be due when construction completes.

5

1Deposit of £5 000 with reservation form

275% of balance (including deposit) on exchange of contracts within 28 days

3Remaining balance due on completion of building in January 2016

45% interest will be paid on exchange of monies paid

Option One Option Two

1Deposit of £5 000 with reservation form

240% of balance (including deposit) on exchange of contracts within 28 days

335% of balance on roof level construction25% on completion in January 2016

4No interest on deposit funds


The company has a large land and site bank and many projects currently in progress. In 2014 Noble will complete more than 200 units, with 400 further units already in the pipeline for next year.

Noble Design and Build only work with large, multi-partner architects, surveyors and

engineers to ensure quality control, planning and construction meet the highest levels.

Experienced

DEVELOPERSNoble Design and Build are reputable developers who have been active in the UK property market for many years. They are highly experienced and are able to deal with both small and large projects.

In most cases Noble act as project developer, assembling the appropriate expert teams to carry out the build itself, and they have worked alongside some of the foremost companies in the construction industry. These include major PLC steel-frame fabrication companies and the leading suppliers of lifts, build materials and ground works.

Noble has its own build teams and sub-contracts regular trades for groundwork, construction, �rst and second �x and decor/renovation.

Noble Design and Build also provide property and tenancy management services, under the name of ‘Noble Living’.

5517

Noble are reputable developers who have been active in the UK property market for many years. They are highly experienced and are able to deal with both small and large projects.

In most cases Noble act as project developer, assembling the appropriate expert teams to carry out the build itself, and they have worked alongside some of the foremost companies in the construction industry. These include major PLC steel-frame fabrication companies and the leading suppliers of lifts, build materials and ground works.

They have there own build teams and sub-contracts regular trades for groundwork,

The company has a large land and site bank and many projects currently in progress. In 2014 they will complete more than 200 units, with 400 further units already in the pipeline for next year.


What is the address of the site? Printworks, Hodgson Street, She�eld, S3 7WQ.

Has the construction started? Yes.

When will the building be completed? January 2016.

Am I buying as freehold or leasehold? Leasehold.

What can I expect as a return on my investment?Based on a purchase price of £62,995 you will receive an assured net rental of £5,750 per annum for the �rst three years, which is a 9.2% yield.

When is my rental income paid? Quarterly in arrears.

Can I resell my unit? Yes.

Are there any restrictions if I want to sell? No, you can sell o�-plan or once built but the developer would like �rst refusal.

Questions and

ANSWERS

55

CONTACT US

Can I do anything I want with my apartment?The apartments also have full residential use.

Is there a management company in place? Yes - Noble Living.

Who do I contact to �nd out more?Please do not hesitate to contact using the details below for any additional information .



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

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


Landscape Printworks Sheffield UK

Documents

city of sheeld

sheeld city region

net income

largest city

sheeld oers

capital investment

recent years

sheeld student population