This is an investment opportunity to purchase a student studio apartment in Sheffield with the potential to generate a gross yield of 7%.
Please note that this property is for cash buyers only due to the low value
Vesta has access to one other unit in this building
Leasehold information
Length of lease: 250 years
Year lease started: Tbc
Service charge: Tbc
Property information
Located on the 3rd floor
Self-contained student studio apartment comprising:
Double bed
Built-in wardrobe
Work station
Internet
Bathroom
LCD TV
Coffee table and sofa
Dining table and chairs
Bespoke designer kitchen
High spec cooking and storage facilities
We have been advised that an EWS1 certificate is not required due to the building materials used
EPC rating: Tbc, upon completion
Rental information
Once let it is expected to achieve £478.33 pcm; £5,740 pa
Rent is assured at 7% for 1 year by way of leaseback
Location information
Sheffield city centre is around 1 mile from the property
There is a bus stop with regular service into the centre just 1 minute from the property
The universities and colleges are all within easy reach by public transport or car
Notes
Please note that Vesta has not visited this property and that the vendor has provided all material.
At the time of listing there is no EPC available for this property. However, Vesta will add these as soon as they have been received.
The photos are not of the exact apartment and are for illustrative purposes only. However, they do represent an apartment in the same building. The floorplan does reflect this apartment.