Sheffield Central, Sheffield

For Sale
£83,000
  • Ref: SHEFFCENTR
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold
  • Make Enquiry

Property Summary

Investment 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 stone’s throw from Sheffield’s 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. What’s 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 Sheffield’s ever expanding skyline from renowned developers Noble Design & Build.

• 8% return guaranteed for 3 years
• Development hotspot
• S1 city centre location
• 10% discount (off RICS valuation)
• Instant equity
• Capital appreciation
• Prices from £83,000
• High rental demand
• Excellent yields
• 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.


HOW MUCH IS MY HOME WORTH?

It's free, it takes two minutes to fill in your details you get your own tailored valuation sent to you by email. No home visit required!