SMC Chartered Surveyors have concluded the sale of Egerton House in Sheffield.
The purpose built four storey freehold student block has been sold to a investor based in London. SMC acted on behalf of the seller, a long standing private client.
The 37 bed student accommodation benefits from a long standing nomination agreement with Sheffield Hallam University. Egerton House is located just inside Sheffield city centre’s inner ring road. The location is ideal for access to the Sheffield city centre and respective University campuses.
At the time of sale the student investment block was generating an income of £133,144 per annum.
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