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£40,000
Bathrooms
Stylish Studio Living at Nurtur House - Student Accommodation in Sheffield
Flat 039, Nurtur, 39 Allen Street, Sheffield, S3 7AW
Guide Price: 40,000
Investment Yield: 9.2% Net (If tenanted at 149pw)
Welcome to Nurtur House, a premium all-studio development designed for modern student living. Each fully-furnished studio comes with its own private kitchen and bathroom, offering independence and comfort no matter your budget-from our well-appointed Classic studios to luxurious Penthouse suites.
Ideally located between Sheffield city centre and Kelham Island, Nurtur House puts you just a short walk from university campuses, the train station, caf?s, shops, and more.
Inside, every studio has been thoughtfully laid out with distinct study, sleeping, and living areas, creating a practical yet stylish space you can truly call your own. With high-spec finishes throughout, Nurtur offers a home-from-home feel, blending contemporary design with everyday convenience.
Residents also benefit from an impressive range of onsite amenities, including dedicated spaces to relax, study, socialise, and stay active-all under one roof.
Key Investment Highlights:
'Fully Furnished Modern Studio Apartment
'Private Kitchen & Bathroom
'Previously Let at 149 per week (51-week contract)
'9.2% Net Yield Potential
'Popular Sheffield Student Location
'Walking Distance to Universities, Train Station, Caf?s & Shops
'Onsite Gym, Cinema/TV Room, Study Room, Communal Kitchen, Laundry Room
'Landscaped Courtyard & 24-Hour Reception
'Completed in 2021
Apartment Features:
'Studio Apartment (20m?)
'Ground Floor Unit (Flat 039)
'Contemporary Design with Defined Living, Sleeping & Study Zones
'High-Spec Fixtures & Fittings
'Private En-Suite & Kitchenette
'Fully Furnished & Ready for Tenants
Development Details:
'Development Name: Nurtur House
'Completed: 2021
'Use Class: Student Accommodation
'Total Units: 289 Studios
'Lease Length: 250 Years from 9th December 2020
'Ground Rent: 275 per annum
'Service Charge (2025/26):
- 3,061.40 (Occupied)
- 1,858.65 (Vacant - currently applicable)
Letting Fees:
'579.25 (Occupied)
'156.25 (Vacant)
'Furniture Pack: Included
'Rental Guarantee: None
'Payment Plan: 100% on Exchange/Completion
Rental & Occupancy:
'Previously Tenanted: 149pw over 51 weeks (7,599 annually)
'Recently Vacant - Previously Achieved Approx. 6,000
'Advertised for Letting at 149pw
'Let-Ready Investment or Personal Use
Floor plans and photos available on request.
Ideal hands-off investment in one of Sheffields most popular student developments.
?? Enquire today to request the full brochure and arrange a viewing.
Tenure: Leasehold (250 years)
Ground Rent: 275 per year
Service Charge: 3,061.4 per year
Garden details: Communal Garden
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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