"The name 'Nurtur' reflects the concept of young adults being together in a supportive environment, which helps them to develop both personally and academically."
Everyone knows that when young adults leave home for the first time, they can need a little support until they find their feet in this new “grown up” world. This is why the name “Nurtur” has been chosen for a new development of student studios in the popular university city of Sheffield.
Addressing Sheffield’s need for high-quality student accommodation
As the location of two universities, the University of Sheffield and Sheffield Hallam University, the city of Sheffield has long had an extensive student population and this has been increasing over recent years. Some of this increase has been due to the general increase in student numbers seen in the UK as a whole and some of it has been due to the fact that Sheffield has become a much more attractive place to live over recent years thanks largely to the extensive programme of regeneration brought about by the Northern Powerhouse initiative.
This has brought an influx of students looking for a high-quality education and a great standard of living at a more affordable cost than they could expect from a university in the south of England. In particular, they are looking for student-friendly accommodation at a reasonable price and therefore ensuring that this need is met is crucial to the long-term success of Sheffield’s tertiary education sector.
Nurtur will blend private studios with attractive communal facilities
Today’s students are looking for spaces they can make their own and which feel like a genuine “home from home” but they also want, and often need, access to communal facilities. Nurtur will cater to both of these requirements. With an estimated completion date of Q3 2020, Nurtur will comprise 289 full-furnished, self-contained studio apartments where students can prepare their own meals, have friends over, get a good night’s sleep and, of course, study.
There will also be an on-site gym as well as communal spaces for relaxation and study groups. In addition to the range of facilities in their residence, students will not have far to go either to attend classes or to enjoy the city of Sheffield. The University of Sheffield is a 12-minute walk away while Sheffield Hallam University is a 17-minute walk away. Trendy Kelham Island and the O2 Arena are an 8-minute walk and an 11-minute walk respectively and if students do want or need to travel further afield, then they can walk to Sheffield train station in just 23 minutes, or take one of the many buses.
Excellent prospect for investors
Nurtur also offers a fantastic opportunity for investors looking for student property investment in Sheffield. With prices starting from just £76,000, 4% interest on deposited funds, 8% assured for 5 years, The remaining units can be secured upon payment of a £5000 reservation fee with 25% of the purchase price due upon exchange of contracts (typically within 28 days). After this a 25% stage payment will become due when the construction team are on site and a further 25% stage payment will become payable when the steel frame is completed. The final 25% (minus reservation fee) is payable upon completion.
For more information on Nurtur in Sheffield, please contact Hopwood House.