Humphry Davy House
Assisted Living Investments are delighted to offer this development of 109 x apartments located within this splendid conversion in the area of Wath upon Dearne, Sheffield.
The new development will create 5 x Studio apartments, 95 x One Beds and 9 x Two Beds. All newly built to a high standard in this converted office building.
This four floor building was constructed in 1998 as an office complex. Humphry Davy House is at the eastern end of the Dearne Valley where much of the new commercial development has taken place. The Dearne Valley was designated as an enterprise zone in 1995. In that time, it has been transformed by the creation of 10,000 new jobs occupying a wide range of new commercial developments.
The building is next to the Sheffield University campus for nurses training.
Other occupiers in the immediate vicinity include Dearne Valley Day Nursery, Morphy Richards Head Office, RBS, Dearne Valley College, Maplin Head Office and a NEXT Distribution centre.
The area has excellent road links which lead to Junction 36 of the M1 to the west and to Junction 36 of the A1(M) to the east. Mainline rail services are available from nearby Doncaster, whilst Leeds Bradford Airport and Doncaster Airport are within easy motorway drives.
Every apartment will have an open plan living room and kitchen areas with high spec fitted units and appliances. The premises will also provide parking for every apartment.
Specifications include:
• 109 Apartments
• External parking
*Calculations based on a property value of £183,250
The £110,000 returns are calculated in the following way: – 3 years calculated at 10% yields £54,975 – Buy back option after 3 years £54,975
