Hunstman 975 Barnsley Rd S5 0QP

** INVESTMENT OPPORTUNITY **

975 Barnsley Road - S5 0QP

Available is a development site of 24 apartments (18x 2bed and 6x 1bed) each with parking, in close proximity to Sheffield City Centre.

Each apartment is available as an individual purchase, or to be sold as a single acquisition.

Valuations carried out by DTZ Leeds and Saxton Mee in Sheffield place the GDV of this site at £3,322,950 and £3,304,290 respectively. 

The developer is willing to sell these off at a 15% reduction placing the purchase price in the region of £2.8m

Many of the nett prices bring the purchase price below the Stamp Duty Threshold - Legal advice should be sought.

To purchase any of these apartments, £1000 reservation fee is required, with an exchange 28 days later with a 5% deposit.  The developer is willing to accept exchange bonds so as to provide further freedom to the purchaser.

Build completion is expected March 2009, offering good growth potential during the build process.