The Lightbox in Sheffield is offering 9% net rental income assured for 3 years and is set in a state of the art purpose built atrium-style development is set to change the landscape for investors in Sheffield! The Lightbox is a pioneering build consisting of studio, one and two bedroom apartments with state of the art specification and the benefit of cutting edge facilities such as dedicated concierge, on-site gym and residents only cinema.
The Lightbox boasts just 129 one- and two- bed apartments and studios over four spacious levels, Lightbox is just a stone’s throw from Sheffield’s trendiest bars, clubs and restaurants, and well-served by city centre shops, theatres and transport hubs and as it is perfect for both investors tapping into the lucrative Sheffield rental market and also young vibrant City professionals wishing to live life to the fullest.
The Lightbox is a boutique development of just 34 student properties, located in the heart of the city and within a short walking distance to Liverpool University, John Moores University and The School of Tropical Medicine. Each of the cluster apartments and studios have been designed to give a ‘high end’ luxury finish, yet durable - The building envelope is modern, innovative and attractive;
The Lightbox will certainly be a focal point of the city when complete. The Lightbox is setting the standard for student housing in Liverpool. Each property will be fully furnished to a high standard. The stylish entrance area will include 24-hour concierge facilities.
Lightbox is a landmark living space of handsome proportions.
All Lightbox apartments will be finished to the highest specification and with a fastidious attention to detail. And a dedicated concierge, on-site gym and residents-only cinema will appeal to even the most discerning tenants. Planning permission for a ground floor café/restaurant has also been granted in principle.
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.
Sheffield, England’s fourth-largest city, 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 is home to a number of multi-national businesses. And the presence of two high-ranking universities and one of the largest further education colleges in the UK means Sheffield has a distinctly young, professional population and, therefore, considerable rental demand.
Sheffield has seen significant development activity in the last decade with many investors demonstrating confidence in the city, with over £1billion of major schemes currently underway.
These include New Era Square, the city’s pioneering, £65million, 21st century ‘Chinese Quarter’ (due for completion in 2018 and just 300m from Lightbox), St Paul’s Place, a new city centre Business Quarter for Sheffield, and the newly proposed Sheffield Retail Quarter – an innovative £480million project merging the city’s award-winning public realm, cultural assets and key retail areas.
Sheffield also boasts excellent road and rail connections to other parts of the country and a choice of easily accessible international airports.
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.
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.
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.