Studio Flat For Sale £45,000
Alexandra House, 1 Castlegate, Sheffield S3
previous price £49,950

Alexandra House is a modern student development located in Sheffield. It is the perfect home for any students in their second / third years of study as the University campus is unable to cater for everyone, putting developments like Alexandra House in large demand!

Located near the centre of the city and just a 4 minute walk to Sheffield Train Station, Alexandra House is close to all the university buildings and amenities students could need.

This self-contained studio benefits common facilities such as laundry facilities, a common room, a study room and a resident gym. Free Wi-Fi is provided to all residents and all bills are inclusive for residents!

Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all the cities bars, restaurants, clubs and other nightlife destinations are within walking distance for residents.

Financial Breakdown

Gross rent: £5,500
Ground rent: £250
Service charge: £1,002
Lettings fees: £528
Net income: £3,720
Gross yield: 10.48%
Net yield: 7.09%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-6667