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Vita Student Sheffield

An iconic development on the city’s skyline.

HIGH OCCUPANCY

95% tenanted since opening in September 2015

ASSURED RETURNS

Fully managed investment with yields assured for five years

£35M PROJECT

Refurbishment of BT Tower, one of Sheffield’s most iconic landmarks

5 MINUTES’ WALK

Located equidistant from Sheffield’s two esteemed universities

Investment Overview

366 units

£35 million development

Opened in September 2015

Contractor: Create Construction

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A TOWERING DEVELOPMENT IN THE HEART OF ONE OF THE UK’S BIGGEST STUDENT CITIES

Vita Student was established as a key building on the city’s skyline even before opening its doors. The £35 million development is a complete refurbishment of the BT Tower, an iconic Sheffield landmark. It’s already proved an important living space for the city’s students, too, 70% of whom cannot access PBSA. So when Vita Student Sheffield, with its position just minutes’ from both the city’s universities, began letting, demand was substantial. And investors’ returns have been growing ever since.

A LOCATION TO BE SEEN IN

Such is the undersupply of PBSA, finding accommodation in Sheffield often comes with compromises. Arguably the biggest of these is location. Students are often forced to live in standard housing on the outskirts of the city, away from Sheffield’s shops and universities. Vita Student Sheffield changes this. Dedicated PBSA. The heart of the city centre. Just five minutes’ walk from both the University of Sheffield and Sheffield Hallam University. Vita Student Sheffield is a development without compromise.

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AN ACCOMMODATION BRAND IN DEMAND

A 70% undersupply of PBSA means that finding a place to live in Sheffield is tough. This supply/demand imbalance was perfectly illustrated when Vita Student Sheffield launched; the development could have been filled 30 times over. It was the brand’s first development after one year of operation, when the Vita Student name was in the public conscience. The buzz created by Vita Student launching in Sheffield was palpable. As the brand further establishes itself in the city, this demand to live at Vita Student Sheffield will only increase in the years to come.

FACILITIES THAT DRIVE REBOOKINGS

15 floors of the finest student accommodation in the city. Vita Student Sheffield raises the benchmark when it comes to facilities and service. 366 self-contained studios, finished to the highest standards, offer Sheffield’s most sought after student living spaces. The development also proudly boasts the brand’s largest Hub space to date. The result? Within just five weeks of opening, Vita Student Sheffield was already 10% let for the following academic year, including one student who re-booked within a matter of hours after moving into his apartment.

DEVELOPMENTS

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