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Trippet Court by Track Capital in Sheffield

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Off-Plan | Construction Progressing | Q1 2021 Completion

NO HELP TO BUY OR ANY MORTGAGES AVAILABLE – CASH PURHASE ONLY

Trippet Court, Sheffield Student Accommodation

Trippet Court is a new build property consisting of 63 en-suite apartments over 6 floors due for completion Q1 2021.

If you're seeking a low entry-level cash investment and want to achieve a high yield with no charges such as no stamp duty or service charges/ground rent/management fees and just achieve an 8% net then the student sector is ideal.

What's really unique about Trippet Court is that there is a legally binding contract in place to re-sell the unit in year 5 with a 10% uplift. So you have a fixed return and a fixed exit strategy ensuring a robust and secure structure with a consistent return.

- 8% contractually guaranteed for 5 years (£5196 per year)
- 110% buy-back in year 5 meaning a clear exit strategy
- Units priced at only £64,950
- Fully managed, contemporary student apartments
- Contractually Guaranteed net rental income
- Highly desirable location
- 50 Year lease
- Q1 2021 Projected Completion

You can’t use a mortgage to buy this property.

Location

Sited just a short distance from both Sheffield Hallam University (13 minute walk) and the University of Sheffield (10 minute walk), the location of this property is ideal for the student community. The mainline train station is a 16 minute walk away and the city centre is just a 2 minute walk away. This prime location means that residents can make the most of the wide variety of facilities that the city and surrounding areas have to offer.

Specification
All the apartments are well-designed, have a secure fob access system, CCTV, Wi-Fi throughout and are finished with contemporary fixtures and fittings. These apartments are comfortable and functional whilst remaining aesthetically pleasing. Students will also have access to a number of communal areas including dining areas, a laundry, cycle store and a communal kitchen, which is finished to a very high standard with high gloss units.

Student Accommodation Investment Benefits:
- Fully Managed
- Fixed Income
- Net returns - no running costs for 5 years
- No stamp duty land tax
- Significant tenant demand

About us
- Members of the Property Ombudsman Scheme
- No fees for our broker services
- ICO/HMRC registered
- After-sales service - project/investment updates
- Contacts for Mortgage Brokers and Solicitors

The Next Steps
Submit an enquiry and we will email over the full Investment Pack.

Track Capital