sectionrdeueet - avocado estates · 550 space multi-storey car park. however, perhaps the largest...

17
LUXURY APARTMENTS & STUDIOS

Upload: others

Post on 19-Aug-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

SECTIO

N H

EA

ERD

SE

CT

ION

L U X U R Y A P A R T M E N T S & S T U D I O S

Page 2: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

SECTIO

N H

EA

ERD

Page 3: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

INTR

OD

UC

TION

Seethe lightI N T R O D U C I N G …

Lightbox. A pioneering, beacon residential development situated at the heart of Sheffield’s Cultural Industries Quarter, and a contemporary new home for the city’s young professionals.

The latest state-of-the-art addition to Sheffield’s ever-expanding skyline from renowned developers Noble Design & Build, Lightbox offers prime investment opportunities for landlords keen to capitalise on the city’s burgeoning rental market.

Comprising a balance of stunning one-bed, two-bed and studio apartments over four spacious levels, Lightbox answers the city’s growing demand for affordable luxury living, just a stone’s throw from Sheffield’s trendiest bars, clubs and restaurants, and well-served by city centre shops, theatres and transport hubs.

Page 4: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

SHEFFIELD

Sheffield is a thriving commercial centre that provides a vibrant lifestyle for those living and studying there, with theatres, a varied arts scene and the beautiful Peak District on its doorstep.

Internationally recognised for its design, manufacturing and engineering, the city has an abundance of skilled workers with many multi-national businesses located in the city. Around 240,000 people work in Sheffield in approximately 20,000 businesses.

Sheffield also boasts excellent road and rail connections to other parts of the country and a choice of easily accessible international airports.

Government is considering two station locations (Meadowahall or Sheffield city centre) for HS2, which will connect Sheffield with London faster by 2032.

The city has seen significant development activity in the last decade with many investors demonstrating confidence in Sheffield, which is now considered to be at the fulcrum of the Northern Powerhouse, given devolved powers by the Government to stimulate economic growth, and in the top 7% of 324 local authorities in England for inward investment (Sheffield Telegraph, October 2015).

A vibrant, modern cityW E L C O M E T O S H E F F I E L D

Sheffield, England’s fourth-largest city, is an exciting and modern place with a population of over 560,000.

It is one of the UK’s most popular destinations for students, playing host to over 60,000 domestic and overseas students, a high proportion of whom choose to stay, or return and settle in the city.

The presence of two high-ranking universities and one of the largest further education colleges in the UK means Sheffield has a distinctly youthful population throughout the year and, therefore, considerable rental demand from its high number of students and young professionals.

Page 5: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

SHEFFIELD

C I T Y C E N T R E D E V E L O P M E N T

There are currently over £1billion of major schemes underway in Sheffield, including New Era Square, the city’s pioneering, £65million, 21st century ‘Chinese Quarter’. The complex, due for completion in 2018 (and very close to the Lightbox development), will include retail units, offices and an exhibition hall surrounding a central, open-air public events space, as well as a ‘business incubator’ to enhance trade links between China and the UK.

Another major development nearing completion is St Paul’s Place, which signals the emergence of a new Business Quarter for Sheffield. Sitting between the Peace Gardens and the Winter Garden, St Paul’s Place is a vibrant mixed use development, consisting of offices, high quality leisure and retail, 300 luxury apartments and a 550 space multi-storey car park.

However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative £480million project focusses on the areas around Barker’s Pool, Pinstone Street and Moorhead, and merges with Sheffield’s award-winning public realm and cultural assets - including The Crucible and Lyceum theatres - and unites key retail areas from The Moor through to Fargate.

Page 6: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

Sheffield is a city of makers and doers that boasts one of the largest creative communities in the country.

Much of this community is concentrated in the city’s Cultural Industries Quarter, an area that once hummed and clanked with cutlery works and toolmakers, it now sings with all manner of creative endeavour.

Often cited as Sheffield’s equivalent to Manchester’s Northern Quarter, Sheffield’s Cultural Industries Quarter refers to the zone between St Mary’s Road, Arundel Gate and Howard Street.

A number of listed buildings sit within its triangle and historic industrial reminders are everywhere, blended with the modern. Independent galleries nest between chimneys and courtyards, and cafés spring up on cobbled side streets.

The area hosts street food markets, pop-up shops and art-house cinemas as well as the city’s very own tech-hub.

Down even the quietest streets there is plenty happening behind closed doors, with recording studios, a media lab and BBC Radio Sheffield making their homes there.

Unsurprisingly, the area is increasingly becoming one of the city’s most desirable locations to live for Sheffield’s young urbanites, as old workshops are reinvented as quirky design studios or coffee shops, and crumbling warehouses make way for contemporary residential accommodation.

A C U LT U R A L H U B

SHEFFIELD

Page 7: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

LIGH

TBO

X APA

RTM

ENTS

Affordable luxury livingH I G H S T A N D A R D S

Lightbox is a landmark living space of handsome proportions.

Right at the heart of Sheffield’s thriving creative hub, the Cultural Industries Quarter, this prestige development is ideally located for city centre amenities and just a short walk from Sheffield Rail Station, the Crucible Theatre and Sheffield Hallam University.

Boasting 129 luxury one- and two- bed apartments and studios, a four-storey atrium and a stunning full-length glass roof, Lightbox is an exciting new home for Sheffield’s vibrant young professionals.

And a dedicated concierge, on-site gym and residents-only cinema will appeal to its discerning tenants. Planning permission for a ground floor café/restaurant has also been granted in principle.

Page 8: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

STUD

IO A

PAR

TMEN

TS

Page 9: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

1-BED

APA

RTM

ENTS

S P E C I F I C A T I O N

All Lightbox apartments are finished with the most discerning tenant in mind; to the highest specification and with a fastidious attention to detail.

• Fully-fitted, modern kitchen units with stainless steel fittings, integrated electric oven and electric hob.

• Contemporary bathroom suites, with full-height wall and floor tiling and thermostatically controlled shower.

• Flush, oak veneered doors with chrome door furniture.

• Recessed low-voltage ceiling lighting.

• Satin chrome electrical sockets and switches throughout.

• TV and BT points to living areas and bedrooms.

• Audio-entry phone system from entrance door to all apartments.

• Mains-operated smoke detectors.

• Secure mortice locks to all apartment entrance doors and secure locking system on all windows.

• Ten year structural warranty.

Page 10: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

SECTIO

N H

EA

ERD

1-BED

APA

RTM

ENTS

Page 11: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

SECTIO

N H

EA

ERD

SECTIO

N H

EA

ERD

2-BED

APA

RTM

ENTS

S U M M A R Y

• Brand new, unique atrium-style residential development in Sheffield city centre.

• 129 luxury one-bed, two-bed and studio apartments over four floors.

• Located in one of Sheffield’s top development hotspots.

• A distincive landmark at the cultural and creative heart of the city.

• Suitable for owner-occupiers, discerning professionals, students and postgraduates.

• Walking distance to all city centre amenities.

Page 12: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

2-BED

APA

RTM

ENTS

Page 13: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

LAYO

UT

A full-length glazed roof and four-storey atrium landings provide a stunning centrepiece to the development, affording Lightbox residents beautiful sky views from the first floor upwards.

What’s more, large floor-to-ceiling windows envelop the building on both sides encouraging natural light to enter and reflect, while elegant clerestory glazing creates an open, bright and welcoming environment throughout.

Illuminatedelegance

S T U D I O S

C O M M U N A L

1 - B E D

2 - B E D

S P A C I O U S L A Y O U T

GR

OU

ND

FL

OO

R

*Configuration may vary between floors.

FL

OO

RS

1-

3*

FL

OO

R 4

CYCLE STORE

REFUSE/RECYCLING

2NDENT.

RE

FU

SE/

RE

CYC

LIN

G

LA

UN

DR

Y

CIN

EM

A

MA

IN E

NT.

/C

ON

CIE

RG

E

GYM A3/A1/B1

ROOF GARDEN

Page 14: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

INVE

STMEN

T

Investment opportunityI N V E S T I N L I G H T B O X

With rental demand in Sheffield increasingly outstripping supply, and as the city is poised to enter its most significant period of inward investment in recent history, Lightbox represents a unique opportunity to capitalise on excellent yields in a prime development hotspot.

Now is the time to invest.

Off-plan investment opportunities are now being made available with a guaranteed 8% return for the first 3 years on a first-come, first-served basis.

Construction is due to commence mid-2016 and is estimated to complete September 2017.

Page 15: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

INVE

STMEN

T

E N Q U I R I E S

Noble Design & Build was established in 2001 with a simple philosophy to create high quality developments at affordable entry levels that will provide guaranteed and sustainable year-on-year rental returns for all investors.

We only work with large, multi-partner architects, surveyors and engineers to ensure that quality control, planning and construction meet the highest levels.

For all enquiries, please email [email protected] or call +44 1952 615 213.

www.nobledesignandbuild.comwww.lightbox.apartments

• 8% return guaranteed for 3 years

• Off-plan investment opportunity

• Development hotspot

• A1 location

• Up to 17.5% discount (off RICS valuation)

• Instant equity

• Capital appreciation

• Prices from £83,000

• High rental demand

• Excellent yields (up to 10%)

• Lease: 195 years

• Ground rents: £295 pa

• Service charge: £1000 pa (approx)

• Reservation fee: £2500 (deducted from purchase price on completion)

I N V E S T M E N T O V E R V I E W

O P T I O N 2

17.5% discount75% deposit on exchange

+ 25% on completionDeveloper will pay 5% interest pa

on deposit funds

O P T I O N 1

10% discount35% deposit on exchange

+ a further 40% at roof stage + 25% on completion

INVESTMENT EXAMPLE

S T U D I O A P A R T M E N T

Purchase priceGross annual incomeMaintenance mgt feeGround rentManagement feeNet incomeNet yield

£83,000£8,400£1,200£295£400£6,5057.9%

Page 16: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

SECTIO

N H

EA

ERD

Page 17: SECTIONRDEUEet - Avocado Estates · 550 space multi-storey car park. However, perhaps the largest scheme in development is the newly proposed Sheffield Retail Quarter. This innovative

LUXURY APARTMENTS & STUDIOS // SHEFFIELD CITY CENTRE \\ WWW.LIGHTBOX.APARTMENTS