bamford point sheffield - onedome...classicline german kitchens. high quality grey/oak base units...

BamfordPointSheffield

Tel: +44 (0) 203 176 0060Email: [email protected]

Bamford PointSheffield

Welcome to Sheffield, The UK’s 4th Biggest City

Investment Summary

45 Luxury high-spec 1 & 2 bedroom apartments

Located on the Sheffield Supertram line, just 13 minutes to S1

Sheffield is a key city in the Northern Power House initiative

Managed by award-winning 20 years established operator

Immediate income Generator, Opens Q4 2019

Prices start from as little as £92,500





Opening Soon, Benefit From Gross Yields in Excess of 8%

Introducing Bamford Point

Sheffield is one of the biggest cities in the UK and the population is growing. The city has a shortage of housing, with a particular def of rental homes for the booming number of graduates and young professionals. Recent reports suggest that the city will need at least 5,395 homes built per annum for the next 10 years to keep up with demand and there’s little sign this target will be met. This extraordinary demand is resulting in Sheffield rapidly becoming one of the most robust BTL city’s in the UK today.

Due to open in a matter of months, Bamford Point is Sheffield’s exciting new development located in the popular Hillsborough district of the city. Benefiting from impressive transport links, including the £240m Supertram, the development is expected to appeal to young professionals looking for high quality accommodation close to the city centre. Using our Group Buying Power we have been able to negotiate a discount for all Aspen Woolf Investors and a rental package with one of the UK’s leading operators.





Furniture Packs From as Little as £3,ooo +VAT



Sheffield Needs More Than 5o,ooo New Homes in the Next Decade Alone

Centrally Located,Centrally Connected

Centrally located in the UK, Sheffield has excellent transport links by road, rail or air, and is strategically placed near the business centres of Manchester, Leeds and Birmingham.

New Sheffield Journey Times:

Birmingham: 49 minutesLondon: 87 minutes

Leeds: 30 minutesManchester: 30 minutes

Sheffield 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 Sheffield to London every hour, and up to three times per hour to and from Manchester.

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

Manchester 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 flights to over 220 destinations worldwide - more than any other UK airport.



Sheffield is due to benefit from two highly anticipated rail projects, HS2 and Northern Powerhouse Rail - both dramatically slashing travel times across the north and to the south.

TRAINS

CARS

AIRPORTS

Sheffield: A City for Investors

STRATEGICECONOMIC PLAN2o15-2o25

Sheffield is in desperate need of new homes to meet the demand of the housing market and to help it achieve the goals set out in its Strategic Economic Plan.

According to Homes for The North, Sheffield is among the top areas in Northern England requiring an increase in home building. In fact, for Sheffield to reach its full growth potential, 50,000 new homes must be created over the next 10 years. That’s an uplift of around 60% on the previous decade’s worth of house building. The demand for housing is reflected in the 11% increase in house price values since 2016; that makes Sheffield the joint 5th fastest growing housing market in the UK over the last three years.

As part of the Northern Powerhouse initiative, there is real pressure for Sheffield to



7o,Ooo6,ooo

£3 billion3o,ooo

more jobs

more businesses

increase in GVA

highly skilled occupations

undergo a so called ‘Brain Gain’ by both retaining and attracting skilled young professionals to draw growth away from the South East. Sheffield is already underway with around 2.1 million people living within a 60 minute commute of the city and growing sectors including the creative and digital industries, low-carbon, and healthcare technologies. Major manufacturers from IBM to Rolls Royce and Boeing have set up shop in the city—a clear sign of industry leading expertise in the area.

Growing the economy by £3 billion is the specific goal of the area’s Strategic Economic Plan—a route-map for the entire South Yorkshire economy. The strategy will also form the basis for Government investment over the short, medium and long term, and plans to create 70,000 more jobs in 6,000 businesses by 2025.



Increasing Demand. The Population of Sheffield is Predicted to Grow 15% by 2o35

Sheffield is a Key Part of the Northern PowerhouseThe Northern Powerhouse initiative is designed to redistribute the balance of power between the north and south through tremendous investment in key areas. Transport is one of these areas, and the much anticipated HS2 rail route is scheduled to pass through Sheffield, improving access to the rest of the UK.

A separate rail project called Northern Powerhouse Rail will connect the majorNorthern cities, further unlocking growth in the region. It is estimated to bring more than 100,000 extra businesses and nearly 2.4 million more people within 90 minutes travel time of Sheffield.



Rising HousePrices

Since 2016, house prices in Sheffield have risen 11% - that’s the 6th highest in the country and 10% more than London.



An Economy Worth Over £7 Billion A Year


the NeighbourhoodHILLSBOROUGH

Located around 3 miles from the city centre, Hillsborough is the retail, leisure and transport hub of north-west Sheffield - connected by Supertram, bus and dual carriageway to the rest of the city. Hillsborough has the largest suburban shopping centre in South Yorkshire and contains numerous leisure facilities, including an historic park, Sheffield Wednesday Football Ground, Hillsborough Leisure Centre, Owlerton Stadium and the Hillsborough Arena Sports Association.

KELHAM ISLAND

Just 5 minutes by Supertram is the Kelham Island Quarter, often referred to as the Shoreditch of Sheffield. The Island is the focal point of independent culture and home to all manner of cafes, gastro pubs, bars



and breweries. With the Island almost reaching full capacity for housing, Bamford Point is ideally located for those looking to live nearby.

THE SHEFFIELD SUPERTRAM

Sheffield is one of the few UK locations with a tram service. The Sheffield Supertram has been serving the city since 1994 and connects all major points in the city over four lines. Bamford Point is situated right next to a station with takes you into S1 in less than 11 minutes. Better still, there’s tram every 6 minutes.

EDUCATION

The University of Sheffield and Sheffield Hallam University combined bring 55,000 students to the city every year. Thanks to the integrated transport in Sheffield, Bamford Point is a convenient journey to either of these.

11 Min from City Centre

bamfordpoint Cutlery

Works

Kelham IslandMuseum

CrucibleTheatre

Due to a strategic location near to the Supertram, you are less than 11 minutes from the city centre - appealing to Sheffield’s thriving young rental market.



11% increase in house price values since 2o16

Sheffield’s newest high-spec development

Bamford Point is Sheffield’s newest development, situated in the popular Hillsborough district of the city. The project comprises just 45 one and two bedroom apartments, finished to an impeccable standard and spread over 4 floors.

Due to it’s elevated position, many apartments benefit from views over the west of the city and the stunning countryside beyond. Some apartments will benefit from large terraces. The development is rare in that it offers up to 21 private under-croft parking spaces.



BAMFORdsnapshot



45 one and two bed apartments with two-lift access to all levels

Minutes by Supertram to Sheffield city centre

Managed by the award-winning Belvoir management agency

Sustainable & energy efficient building

Under croft parking with electronic gate security

CCTV internet-based security with local and remote monitoring

Video entry access to the development and individual apartments

Private bicycle store

KITCHEN:

Units - Luxury Pro-norm Classicline german kitchens. High Quality grey/oak base units and matt white wall units. Integrated Appliances - electric oven, ceramic hob, 70/30 fridge/freezer, free standing black/chrome 8kg washer dryer. Worktops - White sparkle laminate. Taps - Lamona polished chrome mono mixer tap.

BATHROOM:

Luxurious Hansgrohe and Villeroy & Boch bathroom suites, fittings and furniture. Handbasin – Integrated basin in gloss vanity unit. WC – Contemporary style white porcelain. Tiling – White gloss tiling to shower cubicle and handbasin splashback. Matt white tiling to floors.

Taps - Lamona polished chrome mono mixer tap.

WOODWORK:

Doors – Dark grey contemporary doors with chrome handles

Flooring – Grey/oak laminate.

Skirting/Architrave -Satin white.

TECHNOLOGY:

TV/Broadband – Superfast high-speed fibre optic Virgin broadband and TV. Green energy through Solar PV.

APARTMENTSPECIFICATION:



UK house prices continue to grow the fastest in the north of England and Midlands



Sheffield is in desperate need of new homes to meet the demand of the housing market

THE DEVELOPER:Taray homes

Taray Homes is led by the hugely experienced and award-winning Lawrence Coppen, who has raised in excess of £500 million for his clients’ projects.

The Taray Group began developing in 2014 and have successfully completed £13 million of residential developments in the last 2 years.

In addition to Bamford Point, Taray Homes is developing a residential site in Hampshire which is in excess of 100 units and to be split over 3 phases. They have also identified two sites in Brighton, a development block of 4 luxury sea view apartments and a development of two detached four bedroom eco homes in a sylvan setting.

the managingagent: belvoir

Belvoir is the UK’s largest property franchise on the high street, with over 170 offices around the UK managing a combined total of more than 30,000 properties and a total value of over £10 billion.

Good customer service is one of Belvoir’s core values and they always aim to exceed the expectations of their clients. Belvoir’s franchisees are all regularly updated with the latest information in legislation and changes to the sector to ensure customers are the first to find out.

The dedication to ensuring an excellent customer journey for all Belvoir customers is illustrated by their multi-award winning status – they have won gold for Best Lettings Franchise at the Times & Sunday Times for six years out of seven.


PurchaseProcess

Once you’ve selected your unit(s), with the help of your relationship manager, please complete the reservation agreement and return it with a copy of your passport. At this time you also need to pay a reservation deposit of £6,000 (includes £1,000 administration fee) by transfer, debit or credit card.

Once your relationship manager has received your paperwork and deposit, our client care team will assist you through exchange and completion.

You will need to instruct a solicitor. We can recommend solicitors with experience in off-plan residential property. Your solicitor will advise you of the paperwork required from you – please return this promptly so the process moves as quickly as possible.



paid onexchange

paid uponcompletion

25% 75%



Population to Increase by Over 88,ooo Between 2o14-2o39

Faq

WHEN IS THE COMPLETION DATE?Q4 2019

WHEN WILL CONSTRUCTION START?Under Construction.

WHAT IS THE PAYMENT PLAN?25% on Exchange & 75% on Completion Q4 this year. You are buying a completed property so you will need to instruct your mortgage broker immediately.

CAN I GET A DISCOUNT? Our group buying power has enabled a discount which we have passed on to the investor.

IS THE SALE HANDLED BY UK LAWYERS?Yes. A team of solicitors experienced in property investment can beappointed to act on the behalf of our investors. LCL Solicitors:http://www.lcl-solicitors.com



PLS Solicitors: https://www.pls-solicitors.co.uk

HOW MUCH IS THE GROUND RENT?Ground rent is £250 for 1 beds and £300 for 2 beds

WILL MY GROUND RENT INCREASE?Ground rent is linked to RPI and will be reviewed every 10 years in line with inflation.

HOW LONG WILL IT TAKE TO EXCHANGE CONTRACTS?The developer will allow the standard 28 days to exchange contracts although it can be done sooner.

HOW CAN I RENT MY PROPERTY? Quality property in Sheffield is in high demand, you can choose from many agents in Sheffield City Centre. However, Belvoir, Sheffield are an extremely reputable agent in the Sheffield area (https://www.belvoir.co.uk/offices/sheffield) and they will offer preferential rates for all Aspen Woolf clients.

Ask your broker for more details.

AS A NON-UK RESIDENT AM I TAXED ON RENTAL INCOME?If you are a UK resident, then yes you will be subject to tax. If you are a ‘non-resident’ in the UK, then you are classed as an overseas landlord and may apply to HMRC in the UK for exemption. You would need to file a NRL1 form with the HMRC.

More information is available on their website:

https://www.gov.uk/government/publications/non-resident- landlord-application-to-have-us-rental-income-without- deduction-of-uk-tax-individuals-nrl1

WHO IS THE DEVELOPERS SOLICITOR?Cripps Pemberton Greenish22, Mount EphraimTunbridge Wells KentTN4 8AS

IS THERE A BUILD WARRANTY?Yes, 10 Year Structural Warranty

IS THERE PARKING AVAILABLE?Yes, there are 19 spaces available.

HOW DO I MAKE A RESERVATION?Very simple, speak with your broker, choose the best unit and pay a £5,000 reservation fee + £1,000 admin.

IS FURNITURE INCLUDED IN THE PRICE?No, furniture is £3,000 + VAT for 1 beds and £4,000 + VAT for 2 beds.

WHO ARE THE ARCHITECTS?Alan G Haines Associates Ltd

DOES THE DEVELOPER OWN THE LAND?Yes, the land is owned by the developer.

HOW MUCH IS THE SERVICE CHARGE?Service charge is approximately £720 per unit.

CAN I SELL MY UNIT/S AT ANY TIME?Investors are permitted to sell at any time after exchange of contracts although we always recommend that you should hold property long term to really reap the rewards.

TRUSTED FOR OVER 14 YEARSEstablished in 2005, our achievements and growth make us one of the leading investment companies in the UK today. We operate from three international offices and have been trusted by clients for over 14 years and from over 60 countries.

An award-winning agency with an impeccable reputation built on integrity and success, we have secured close to £100,000,000 in the last 2 years alone.



The material contained within this document has been prepared for information purposes only by Aspen Woolf LTD. Information contained herein is not to be relied upon as a basis of any contract or commitment.

The information is not to be construed as an offer, invitation or solicitation to invest and opinions expressed are subject to change without prior notice. Information contained herein is believed to be correct, but cannot be guaranteed.

disclaimer& notice

All investments should be regarded as for the long term because they can go down in value as well as up, so you could get back less than you invested. Any yield is variable and not guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. In case of queries or doubt you should consult an independent investment adviser.

All images used are for illustrative purposes only.

bamford point sheffield - onedome...classicline german kitchens. high quality grey/oak base units...

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