1 bed Flat For Sale, Henry Street, Sheffield S3

Description

Don't miss out on these already tenanted buy-to-let investment opportunities- not suitable for owner occupiers! A variety of studio and one bedroom apartments available in Shalesmoor, a vibrant area of Sheffield which is only minutes from the city centre.

Palatine Gardens is a modern residential development situated in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular area of Kelham Island. The apartments at Palatine Gardens will provide residents with high-end fixtures and furnishings, whilst including a stunning enclosed garden and secure bicycle storage. Furthermore, despite its sublime high gloss, high tech white and grey interiors, Palatine’s beauty is more than skin deep with it’s eco-friendly bills promising significantly reduced energy bills and a subsequent enhancement of rental income.

The local area is a peaceful retreat for tenants away from the hustle and bustle of the city centre, but still within easy walking distance. In addition, the local Supertram light railway stop will allow residents to traverse Sheffield with ease. Sheffield itself is one of the UK’s buy-to-let hotspots thanks to its mix of emerging industries and a high proportion of its population being the sort of skilled young professionals who are desperate to live in high quality rental apartments.

Interested? Take a look at the financial projections below based on a ground floor one bedroom apartment. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £6,600
Ground rent: £275
Service charge: £891
Lettings fees: £630
Net income: £4,804
Gross yield: 8.8%
Net yield: 6.41%

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-16981

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1 bed Flat For Sale £75,000 Henry Street, Sheffield S3

1 bed Flat For Sale £75,000
Henry Street, Sheffield S3