KELHAM Sheffield Brochure

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Investment SUMMARY Kelham Works is currently released for sale with a pre-launch price of 10% below market value. The development will be completed by December 2015. Kelham Works represents a solid investment opportunity, with generous annual returns, a flexible exit strategy, and a choice of purchase options for investors. Key Features Purchase from £69,995 Assured net rental 9% for 3 years Estimated capital uplift 5% pa Flexible exit strategy Investment Example Unit no. 113 Type Studio Purchase £69,950 Gross annual income £8,400 Maintenance £1,200 Management fees £400 Ground rent £300 Net income £6,500 Net yield (3 years) 9% Assured net rental of 9% per annum for the first 3 years 195
You are required to pay a reservation deposit. Your final payment will be due when construction completes. Payment PROCESS STAGE PAYMENTS Once 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. Option One 1 Deposit of £2,500 with reservation form 2 75% of balance (including deposit) on exchange of contracts within 28 days 3 Remaining balance due on completion of building in December 2015 4 5% interest will be paid on exchange of monies paid Option Two 1 Deposit of £2,500 with reservation form 2 40% of balance (including deposit) on exchange of contracts within 28 days 3 35% of balance on roof level construction 25% on completion in December 2015 4 No interest on deposit funds When your property consultant confirms 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 first 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. 20
Page 2 and 3: CONTENTS Introducing Kelham Works W
Page 4 and 5: Kelham Works is based in a beautifu
Page 6 and 7: Sheffield: A THRIVING ECONOMY Sheff
Page 8 and 9: Investing in micro APARTMENTS Micro
Page 10 and 11: Living and working in KELHAM ISLAND
Page 12 and 13: 115
Page 14 and 15: INTERIORS FURNITURE PACKS AVAILABLE
Page 16 and 17: Kelham Works LOCATION updated using
Page 18 and 19: 3 2 4 5 6 7 9 LIFT BROWN ROOF SMOKE
Page 22 and 23: Experienced DEVELOPERS Noble Design
Page 24: www.nobledesignandbuild.com

KELHAM Sheffield Brochure

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