Sheffield Central, Sheffield
Property SummaryInvestment opportunity 8% return guaranteed for 3 years
EXAMPLE STUDIO APARTMENT
Purchase price: £83,000
Gross annual income: £8,400
Maintenance fee: £1,200
Ground Rent: £295
Management fee: £400
Net income: £6,505
Net yield: 7.9%
Sheffield Central is a landmark living space of handsome proportions. Boasting 170 luxury one- and two-bedroom apartments and studios over four spacious levels, Sheffield Central is just a stones throw from Sheffields trendiest bars, clubs and restaurants, and well-served by city centre shops, theatres and transport hubs. All Sheffield Central apartments will be finished to the highest specification and with a fastidious attention to detail. And a dedicated concierge, on-site gym and residents-only cinema will appeal to even the most discerning tenants. A full-length glazed roof and four-storey atrium landings provide a stunning centrepiece to the development, affording Sheffield Central residents beautiful sky views from the first floor upwards. Whats more, large floor-to-ceiling windows envelop the building on both sides encouraging natural light to enter and reflect, while elegant clerestory glazing creates an open, bright and welcoming environment throughout.
With rental demand in Sheffield increasingly outstripping supply, and as the city is poised to enter its most significant period of inward investment in recent history, Sheffield Central represents a unique opportunity to capitalise on excellent yields in a prime development hotspot. Sheffield Central is the latest state-of-the-art addition to Sheffields ever expanding skyline from renowned developers Noble Design & Build.
8% return guaranteed for 3 years
S1 city centre location
10% discount (off RICS valuation)
Prices from £83,000
High rental demand
Lease: 195 years
Ground rents: £295 p.a.
Service charge: £1,000 p.a. (approx)
Reservation fee: £2,500 (deducted from purchase price on completion)
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by eSale. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.