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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 219 page views

Since listed: 2490 page views

Description

Please note: Images shown are of a show apartment and may not be representative of the property for sale. The images will be updated as soon as we gain access to the property to take photographs.

Newbank House is the second phase development of the successful Sovereign house student development. It has undergone an extensive refurbishment and provides 250 apartments to cater for the demand of students who desire luxury accommodation in Sheffield.

Each spacious en-suite apartment is fully furnished and contains a fitted kitchenette and a dedicated study area. In addition, free WiFi is provided to all residents and all bills are inclusive! Also provided for all residents are top of the range communal areas such as laundry facilities, an entertainment room (including sky TV), a games room and a fully equipped state-of-the-art gymnasium!

Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all of the cities bars, restaurants, clubs and other nightlife destinations are within walking distance for residents.

Financial Breakdown

Gross rent: £5,320
Ground rent: £100
Service charge: £1,600
Lettings fees: £638
Net income: £2,982
Gross yield: 12.52%
Net yield: 7.02%

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-11657

Map & Nearby

Local Amenities

  • Sheffield 0.6 miles
  • Darnall 2.5 miles
  • Netherthorpe Primary School 0.5 miles
  • Springfield Primary School 0.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sheffield 0.6 miles
  • Darnall 2.5 miles
  • Netherthorpe Primary School 0.5 miles
  • Springfield Primary School 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in S3:

  • £128,455
  • Price decrease

  • -£3,167
  • (-2.406%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £122,068
  • Properties sold

    66

Rental opportunities

£390 pcm

Recent sales nearby

See all recent sales in S3
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
25th Sep 2019 £42,500 Price reduced by £2,500
5th Nov 2018 £45,000 Price reduced by £5,000
24th Jul 2018 £50,000 Price reduced by £5,000
27th Jun 2018 £55,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.