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Sovereign House Haybrook Banner Cross 0114 2670456

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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.

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Page 1: Sovereign House

Sovereign House

Haybrook Banner Cross0114 2670456

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• 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

Investment HighlightsSovereign House, Sheffield

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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.

Sovereign HouseSheffield, England

CGI representation of Sovereign House, Sheffield

The communal areas arebrilliant and the standard of the rooms and facilities are much

better than in university-owned

halls of residence

James Bruce, First Year Student inBard House, Nottingham

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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-to-let 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.

Student AccommodationThe UK’s leading asset class

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2004/05

2005/06

2006/07

2007/08

2008/09

2009/10

2010/11

2011/12

2012/13

2013/14

Increase of acceptances to British institutions from 2004

Knight Frank Student Property Report, 2014

416,600 (+27,800)

Sheffield University offers

330undergraduate courses that cover over 75

different subject areas

The University is made up of twocampuses within walking distance of one another and consists of various grade II

listed buildings

Sheffield Hallam University Statistics 2013-14

University of Sheffield Statistics 2013-14

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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.

Sheffield, EnglandA student’s dream

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Due to a undersupply ofstudent accommodation

there is considerable potentialfor development across the

UK

Savills Property Report, 2014

Sheffield higher educationacademics contribute

world-leading research

University of Sheffield Statistics2013-14

Sheffield Town Hall,Sheffield

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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.

Sheffield Higher EducationUniversity of Sheffield

Times Stident Experience Survey2014

Sheffield has come

1stin a Times Student Survey,

cementing it as on of the most impressive universities

in the UK

The University of Sheffieldis rated

13thin the UK

The Times Higher EducationWorld Rankings

2013-14

The University of Sheffieldhas a thriving community

of over

5,000international students

University of Sheffield Statistics2013-14

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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.

Sheffield Higher EducationSheffield Hallam University

Sheffield Hallam Universityis ranked joint

8th

The amount Sheffield HallamUniversity has invested indeveloping the campuses

£110m

Sheffield Hallam University Statistics2013-14

Sheffield Hallam University Statistics2013-14

top graduate employer

Sheffield Hallam University isthe third largest in the UK,

with over

37,066students

Sheffield Hallam University Statistics2013-14

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Distance to Local destinations

1. Millenium Museum 1.0 mile | 4 minutes 2. Crucible Theatre 1.3 miles | 5 minutes 3. 1.5 miles | 7 minutes 4. 1.6 miles | 7 minutes 5. 1.7 miles | 8 minutes 6. 1.8 miles | 8 minutes 7. Kelham Island 2.3 miles | 10 minutes

Distance to major UK cities

Manchester, England 38.2mile | 1 hour 34 minutes Birmingham, UK 90.7 miles | 1 hour 46 minutes Nottingham, UK 44.1 miles | 1 hour 12 minutes London, UK 167 miles | 3 hours 29 minutes 200 miles | 3 hours 41 minutes Edinbrugh, Scotland 250miles | 4 hours 39 minutes Belfast, Northern Ireland 325 miles | 7 hours 50 minute s

Development LocationDestinations & Attractions

6

4

3

Penistone Way

Hoyle St

reet

Broad Lane

Hanover Way

Eccleshall Lane

A57

Charte

r Row

Nepsend

Broomhall

Haybrook Banner Cross

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5

1

2

7

SovereignHouse

Derek Dooley Way

A61

A61

Broad Lane

St Mary’s Gate

SheffieldCity Centre

Arndel G

ate

Saville Stre

et

A6178

A6109

A57

Sheffi

eld P

arkw

ay

Qu

ee

ns

Ro

ad

A6135

Duke Street

Cha

rter

Row

Burngrave

Park Hill

SovereignHouse

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Prices from

£64,9958.52% assured NET yield for 2 years

Minerva House, Nottingham

Prices from

£48,2509% assured NET yield for 3 years

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.

Developer PortfolioDevelopments and Locations

Chronicle House, Chester

SOLD OUT!

NEW LAUNCH!

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Prices from

£54,9959% assured NET yield for 2 years

Prices from

£49,9509% assured NET yield for 3 years

Prices from

£59,9959.16% assured NET yield for 2 years

Prices from

£48,0009% assured NET yield for 3 years

St Andrew’s Court, Glasgow

Burgess House, Newcastle

Bard House, Nottingham

Robert Owen House, Glasgow

SOLD OUT! SOLD OUT!

SOLD OUT!50% SOLD !

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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: Priced at £59,995 Premium Studios: Priced at £64,995 Superior Studios: Priced at £67,495 Deluxe Studios: Priced at £69,995 1-bed apartments: Priced at £74,995

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

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

Est. Weekly Rent: Priced at £140 Est. Annual Rent: Priced at £7,140 Est. Mainteance fee: Priced at £1,285.20 Est. Management fee: Priced at £428.40 Est. NET income: Priced at £5,426.40 Est. NET yield: 8.35%

Investment ScenarioFinancial Breakdown

* 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.

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CGI representation of Sovereign House, Sheffield

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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!

Purchase ProcessNext steps

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Am I buying as freehold or leasehold? 250 years leasehold

What is the address of the site? Sovereign House, 110 Queen Street, Sheffield, S1 2DW

Are there tennants already in place? No, Sovereign House is a refurbishment of a former office building

What are the projected annual returns on this project? Returns of circa 8.35% are a assured for the first 2 years

Can I recieve finance on this development? There is currently no finance offered by the developer

When is my rental income paid? Quarterly in arrears, direct in to your bank account from completion

Is there a management company in place? Yes, the designated management company will be Fortis Student Lettings, who will

block manage and let the building | www.fortisstudentliving.com

Are there any restrictions if I want to sell? No, you are free to sell your apartment on the open market

Frequently Asked QuestionsWhat you need to know

CGI representation of Sovereign House, Sheffield

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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

Haybrook Banner Cross0114 2670456