Sovereign House iNVEST iN NEW

Sovereign House

BUILDING A FUTURE

0114 2450543

2

Investment Highlights Sovereign House, Sheffield

•

Assured NET rental yield of circa 8.35% for the first 2 years

•

63,000+ students studying in Sheffield

•

Built by an experienced developer of student property

*

Completion in time for September 2015 intake

•

Let and managed by Fortis Students Lettings

3

4

5

The communal areas are brilliant and the standard of the rooms and facilities are much better than in university-owned halls of residence James Bruce, First Year Student in Bard House, Nottingham

Sovereign House Sheffield, England

CGI representation of Sovereign House, Sheffield

Sovereign House is located in the centre of Sheffield less than half a mile from both The University of Sheffield and Sheffield Hallam. This ideal location caters to all students who want to live in the heart of the thriving city as it is minutes away from shops, restaurants and bars.

Comprised of 178 studios, this conversion from an office block to high quality student accommodation is expected to be completed

by July 2015, in plenty of time for the year’s influx of students.

Each studio will be furnished to the highest of standards. Students will also have access to a range of communal facilities including a TV/cinema room, gymnasium, entertainment lounge, laundry, bike storage and communal lounge.

6

Student Accommodation The UK’s leading asset class

Student accommodation may not be your first thought when it comes to property investment. Traditional residential buy-to-let properties are certainly the more popular go-to. With a modest expected 5.3% yield, according to research by LSL Property Services (One of the UK’s largest property companies), it may seem like a good option. But to settle would be a gross underestimation of the potential of the buy-tolet market.

LSL estimated that an investor in student accommodation can expect, on average, over 7% as a rental yield. And this figure shows no signs in decreasing anytime soon. In fact, according to Knight Frank “2014 will see increased rental growth, sharpening yields and improved investment performance for existing funds.” A positive quotation, backed up by facts. The longevity of student accommodation has already been proven by its success during the economic downturn.

Where other sectors failed, it produced positive rental growth. And with UCAS applications and acceptances increasing every year, more students are leaving for university but not having anywhere to live.

The fact is student accommodation is an undersupplied market.

Students want sophistication. They want new developments in city centres, with modern features and a range of amenities. Despite this, in some more regional locations the shortage of available accommodation means that students are not even guaranteed a bed.

With reliable occupation rates of 99% or higher, the student accommodation market is driven on. Investors are capitalising on this demand and are consequently generating higher returns than anywhere else on the property market.

7

Increase of acceptances to British institutions from 2004 Knight Frank Student Property Report, 2014

2004/05

The University is made up of two campuses within walking distance of one another and consists of various grade II listed buildings

2005/06

2006/07

Sheffield Hallam University Statistics 2013-14

2007/08

2008/09

2009/10

2010/11

2011/12

Sheffield University offers

2012/13

2013/14

416,600 (+27,800)

330

undergraduate courses that cover over 75 different subject areas University of Sheffield Statistics 2013-14

8

Sheffield, England A student’s dream

Sheffield – a bustling city environment mixed with the friendliness of a small town. The fifth largest city in the UK is nestled right in the centre of the country, only fifty minutes from Manchester and two hours from London by train. There are also links to the local towns of Barnsley, Chesterfield, Doncaster and Huddersfield by bus, making it an ideal location for students from each corner of the UK.

Yet Sheffield also caters for an impressive amount of foreign students.

Out of a grand total of 63,000 the University of Sheffield and Sheffield Hallam educate over 11,000 international students, which according to the University of Sheffield are worth £120m per year to the local economy.

As a city Sheffield has moved on from only being famous as the steel capital of the world. It is now known for its friendly atmosphere and low crime statistics, its strong economy and high employment rates. Having gone through an extensive redevelopment over the past decade and a half, its GVA increased by over 60% from 1997 to 2007 to £9.2billion and is still on the rise.

Students are the key to Sheffield’s success making up over 11% of Sheffield’s population. Councillor Harry Harpham acknowledges saying: “We know how important the student community is to Sheffield and to our economy. It is vital that we cater for new and existing student populations and that Sheffield has the right services to support them.” In an era when students feel ignored by politicians, this dedication is sure to encourage future generations to choose Sheffield over other university cities.

9

Sheffield Town Hall, Sheffield

Due to a undersupply of student accommodation there is considerable potential for development across the UK Savills Property Report, 2014

Sheffield higher education academics contribute world-leading research University of Sheffield Statistics 2013-14

10

11

Sheffield Higher Education University of Sheffield

The University of Sheffield is rated

13th

The University of Sheffield’s reputation truly does precede itself.

Being one of the original red brick universities and now a member of the prestigious Russell Group, its high entry standard has consequently produced a number of notable alumni, including five Nobel Prize winners.

However perhaps more important for the modern day student, its high levels of student satisfaction the fact that its Student’s Union has been rated as the best in the country for the past five years, has really set it out from the crowd as the perfect university for that perfect student experience.

The University is located just to the west of Sheffield’s city centre.

And although not officially a campus university, the buildings are mostly located within a mile of each other, in an area populated university buildings.

in the UK

The Times Higher Education World Rankings 2013-14

The University of Sheffield has a thriving community of over

5,000

international students University of Sheffield Statistics 2013-14

Sheffield has come

1st

in a Times Student Survey, cementing it as on of the most impressive universities in the UK Times Stident Experience Survey 2014

12

Sheffield Higher Education Sheffield Hallam University

The third largest university in the whole of Britain, Sheffield Hallam is home to more than 37,000 students, 4000 being international.

They also offer almost 750 courses, allowing anyone to find something that interests them. And with a slightly lower amount of UCAS points needed to gain admission than its rival- The University of Sheffield, Sheffield Hallam really is a university that welcomes everyone.

Sheffield Hallam’s city campus has a highly desirable location right in the city centre, close to Sheffield Railway Station, with its second campus - Collegiate Crescent Campus only two miles away. The great transport links throughout Sheffield make getting around the university campuses very easy. And with plans to build a new £30 million, seven story building in the heart of city centre, the university is clearly keen to stay up-to-date and remain a popular choice for prospective students.

ÂŁ110m

The amount Sheffield Hallam University has invested in developing the campuses Sheffield Hallam University Statistics 2013-14

Sheffield Hallam University is ranked joint

Sheffield Hallam University is the third largest in the UK, with over

8th

37,066

Sheffield Hallam University Statistics 2013-14

Sheffield Hallam University Statistics 2013-14

top graduate employer

students

13

n Pe o ist ne ay W

Development Location Destinations & Attractions

Nepsend

Distance to Local destinations

yle

St re

et

1.0 mile | 4 minutes 1.3 miles | 5 minutes 1.5 miles | 7 minutes 1.6 miles | 7 minutes 1.7 miles | 8 minutes 1.8 miles | 8 minutes 2.3 miles | 10 minutes

Ho

1. Millenium Museum 2. Crucible Theatre 3.

4.

5.

6.

7. Kelham Island

6 4

ne

d La

Broa

3

ane ll L

sha

le Ecc

BUILDING A FUTURE

te rR ow ar

Broomhall

Ch

ay rW ve

no Ha

Edinbrugh, Scotland Belfast, Northern Ireland

38.2mile | 1 hour 34 minutes 90.7 miles | 1 hour 46 minutes 44.1 miles | 1 hour 12 minutes 167 miles | 3 hours 29 minutes 200 miles | 3 hours 41 minutes 250miles | 4 hours 39 minutes 325 miles | 7 hours 50 minute s

A5

Manchester, England Birmingham, UK Nottingham, UK London, UK

7

Distance to major UK cities

7

A6 10 9

15

Burngrave

A6178

et

lle

i Sav

A61

e Str

A61 Derek D

ooley W ay

Sovereign House

2

A57

1

Park Hill Pa rk

wa y

Sheffield City Centre

Sh

A

te

rR ow

t

ee Str ke

Ga

Du

te

el

d rn

effi

eld

5

Queen

ry’s

a St M

s Road

A6135 Gate

Sovereign House

16 Chronicle House, Chester

NEW LAUNCH!

Developer Portfolio Developments and Locations Prices from

ÂŁ64,995

Setting the standards for student, leisure and residential development throughout the UK!

Fortis Developments Ltd is one of the fastest growing development companies in the UK. The company was created to provide luxury developments, achieving the growing standards in the marketplace.

Firmly established at the forefront of the industry, Fortis Developments is now one of the most experienced and extensive developers of student accommodation, luxury apartments and regeneration schemes in the UK.

We undertake luxury student accommodation and regeneration projects in prime locations at key university sites nationwide.

Along with our careful choice of locations, the cornerstones of our success have been a combination of creativity and functionality.

It is our objective to create highly sought after developments in growing markets around the UK.

8.52% assured NET yield for 2 years

Minerva House, Nottingham

SOLD OUT!

Prices from

ÂŁ48,250 9% assured NET yield for 3 years

17 Burgess House, Newcastle

50% SOLD !

Prices from

Robert Owen House, Glasgow

SOLD OUT!

Prices from

£59,995

£54,995

9.16% assured NET yield for 2 years

9% assured NET yield for 2 years

St Andrew’s Court, Glasgow

SOLD OUT!

Prices from

Bard House, Nottingham

SOLD OUT!

Prices from

£48,000

£49,950

9% assured NET yield for 3 years

9% assured NET yield for 3 years

18

Investment Scenario Financial Breakdown

Sovereign House is located in the centre of Sheffield within walking distance of both The University of Sheffield and Sheffield Hallam. This ideal location caters to all students who want to live in the heart of the thriving city as it is minutes away from shops, restaurants and bars.

Investment options for this development are:

Studios:

Premium Studios:

Superior Studios:

Deluxe Studios:

1-bed apartments:

All units are fully-furnished and completion is expected July 2015.

Financial projection of premium studio * (Purchase Price £64,995)

Est. Weekly Rent:

Est. Annual Rent:

Est. Mainteance fee:

Est. Management fee:

Est. NET income:

Est. NET yield:

Priced at £59,995 Priced at £64,995 Priced at £67,495 Priced at £69,995 Priced at £74,995

Priced at £140 Priced at £7,140 Priced at £1,285.20 Priced at £428.40 Priced at £5,426.40 8.35%

* All figures are based on forecasts provided by the developer, are indicative only and are subject to change.

Any financial information provided in this document is intended as a guide and does not constitute a contract.

19

CGI representation of Sovereign House, Sheffield

20

Purchase Process Next steps

Investing in Sovereign House is a quick and easy process, simply;

•

Speak to a Property Consultant and choose your unit(s)

•

Complete the reservation form and pay the deposit

•

Solicitor instructed, legal documents and sales pack sent out

•

50% of the balance is payable upon exchange of contracts

•

Balance of 50% payable upon completion of your unit

Contact a property consultant today to reserve the best unit!

21

CGI representation of Sovereign House, Sheffield

Frequently Asked Questions What you need to know

Am I buying as freehold or leasehold?

What is the address of the site?

Are there tennants already in place?

What are the projected annual returns on this project?

Can I recieve finance on this development?

When is my rental income paid?

Is there a management company in place?

Are there any restrictions if I want to sell?

250 years leasehold

Sovereign House, 110 Queen Street, Sheffield, S1 2DW

No, Sovereign House is a refurbishment of a former office building

Returns of circa 8.35% are a assured for the first 2 years

There is currently no finance offered by the developer

Quarterly in arrears, direct in to your bank account from completion

Yes, the designated management company will be Fortis Student Lettings, who will block manage and let the building | www.fortisstudentliving.com

No, you are free to sell your apartment on the open market

BUILDING A FUTURE

0114 2450543 The information contained within this document is intended as a general guide. This information does not constitute an o er or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within.

Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.

1407-V1