5 bed Flat For Sale, Ascot Drive, Dinnington, Laughton Common, Sheffield S25

Description

Yieldit are pleased to present the opportunity to purchase this fabulous modern town house, which is suitable for owner occupiers and investors alike – with anticipated rental yield in excess of 5% net. The five-bedroom property offers spacious and versatile accommodation across three storeys including entrance hallway, W.C and kitchen diner on the ground floor. The living room, two bedrooms and family bathroom are on the first floor and the master bedroom with ensuite is on the second floor along with the final two bedrooms. The property further benefits from an integral garage with power and lighting and a block paved driveway with off road parking for two vehicles, as well as a large rear garden with lawn and patio area.

Ascot Drive is positioned on a popular residential estate in the sought-after area of Laughton Common, just 20 minutes from Sheffield city centre. Local amenities, good schooling for all ages and public transport links are all easily accessible and the motorway network is close by for travel to Sheffield, Rotherham, Chesterfield and Doncaster. The University of Sheffield, which recently ranked among the best in Good University Guide 2023, is less than a 30-minute drive from the property. The University has nearly 28,000 students and around 8,200 staff, which is great for tenant demand.

Sheffield is in the middle of a significant period of regeneration which includes the £470m ‘Heart of the City’ project. The plans seek to promote the city as a vibrant and exciting destination and encourage employment opportunities, in addition to a £37 million cash injection from the Levelling Up Fund to boost local communities and create urban areas. Sheffield makes a superb location for property investment offering attractive entry prices, excellent value for money and one of the best income-to-rent ratios meaning that there is good scope for rental increases in the future if wages rise. Don’t miss out on this brilliant property and enquire today!

Financial Breakdown

Gross rent: £11,400
Net income: £11,400
Gross yield: 5.18%
Net yield: 5.18%

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-07149

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5 bed Flat For Sale £220,000 Ascot Drive, Dinnington, Laughton Common, Sheffield S25

5 bed Flat For Sale £220,000
Ascot Drive, Dinnington, Laughton Common, Sheffield S25