The Barclay comprises 40 brand-new apartments, ranging from one- to two-bedroom homes, designed with contemporary city living in mind.
The development benefits from a prime position within Sheffield city centre, with apartments positioned to appeal to professionals and other tenants looking for convenient access to the city’s employment, leisure and cultural destinations.
The shared freehold arrangement is an important point of difference. It means owners have a share in the freehold of the building, alongside their ownership of the individual apartment. The structure also provides greater oversight of management responsibilities and future decisions affecting the development.
With a high-specification finish, central location and flexibility for both longer-term and short-term rental strategies, The Barclay has been designed with both residents and property investors in mind.
The Barclay brings together modern city-centre living and an investment proposition designed around flexibility.
The development comprises 40 brand new one- and two-bedroom apartments, situated in a highly connected part of Sheffield city centre. Residents are within easy reach of transport links, universities, employment hubs, restaurants, leisure facilities and the wider city centre.
For investors, the location provides access to an established rental market, while the development’s approval for short-term letting provides an additional degree of flexibility.
The Barclay also offers something less commonly found in the buy-to-let market: investors will own their individual leasehold property while also holding an equal share in the freehold entity.
The Barclay is located directly in Sheffield city centre, with excellent access to public transport and many of the city’s key destinations.
A tram stop is directly opposite the development, while Sheffield Station is approximately an 8-minute walk away. The city centre is around a 12-minute walk, with Kelham Island approximately 18 minutes away.
The surrounding area is benefiting from substantial investment and regeneration, including the £470 million Heart of the City project, alongside major schemes at Fargate, New Era Square and West Bar.
Sheffield is a major UK city with a strong economy, significant student population and growing demand for housing. Private rents have continued to rise, while the city faces an undersupply of homes, creating a supportive backdrop for residential property investment.
With its central location, excellent connectivity and proximity to Sheffield’s employment, leisure and cultural districts, The Barclay is well positioned to benefit from the continued transformation of the city.
As a specialist consultancy, we maintain a tight focus on residential real estate. That means that we’re able to stay abreast of the very best opportunities across the UK, and we can help you to make the most of them. It has also enabled us to develop a ‘full-circle’ service that can help you at every stage of your next property investment.
Research is essential to our work and we conduct it at multiple levels. First, it’s vital that we keep a close watch on the broader, general trends and developments within the residential sector. As you’d expect, we monitor all the relevant indices and influential market reports to get a clear sense of the market at the national and regional levels.
In addition, we devote considerable time to researching more localised markets – looking beyond the headlines to evaluate cities, towns and commuter-belt locations where we’ll often find excellent opportunities that others have missed.
Buying an investment property can be a big decision, but by providing all the necessary advice and step-by-step support, we’ll make sure that you can do it safely, confidently and in full possession of the facts. Our structured purchasing process keeps things clear and easy to follow.
Our rental management services are designed to make life easier for landlords by taking care of all the vital tasks associated with owning, managing and letting a property. You can choose to use as few or as many of them as you wish.
Examples include:
Through a long working partnership with the rental management specialist Addressed, we offer clients a full turnkey service.
A property investment portfolio can be retained as a long-term working asset with the potential to deliver a regular income and long-term capital growth. It’s something that can also be passed on to family as a valuable inheritance. Knowing this, many of our clients remain lifelong investors but, of course, holding on to your property isn’t the only option.
In time, your circumstances may change and, for whatever reason, you may wish to release some or all of the equity that your portfolio has amassed. If so, then we can help you to sell your property quickly, easily and on the best possible terms. We’ll help you to find a buyer in a timescale that suits your needs, while also guiding you through the associated paperwork.
Alternatively, if you intend to pass your portfolio on as an inheritance, we’ll be happy to introduce you to our specialist tax adviser partners, who can help you plan for that in the most tax-efficient manner.
To find out more about The Barclay and discuss whether this opportunity is suitable for your investment objectives, speak to a member of the Portico Investment team today.
