1 York St | Sheffield S1 2NY
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- LoopNet Team
1 York St
Sheffield S1 2NY
The Paper Works · Multifamily Property For Sale
·
254 Units
INVESTMENT HIGHLIGHTS
- Opened in 2020, The Paper Works offers 254 student bedrooms, including 56 studios and 198 ensuite cluster rooms across five storeys.
- Affordable rents driving demand: £106/week for ensuite rooms and £161/week for studios, below other PBSA schemes.
- Modern amenities: Games room, cinema, gym, study areas, and courtyard.
- Managed by Homes for Students with 2024/25 NOI of £713,598. Available for purchase via UK SPV.
- Diverse tenants: 43% postgraduates, 57% undergraduates; 40% domestic, and 60% international students.
- Prime location: Five-minute walk to Sheffield Hallam University, 15-minute to University of Sheffield, and close to the city centre.
PROPERTY FACTS
| No. Units | 254 | Lot Size | 1.59 AC |
| Property Type | Multifamily | Building Size | 69,177 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | B |
| No. Units | 254 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.59 AC |
| Building Size | 69,177 SF |
| No. Stories | 5 |
| Year Built | 2020 |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Media Center/Movie Theatre
- Smoke Free
- Wi-Fi
- Storage Space
- Bicycle Storage
- Key Fob Entry
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 254 | - | - |
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