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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 180 page views

Since listed: 4553 page views

Description

**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

This unit is a spacious en-suite bedroom with LCD TV, plenty of storage and workstation. This beautiful period building offers students all sorts of amenities, but it was security which was a key priority during the renovation.

Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition secure bike storage encourages students to get around town in a healthy and environmentally friendly way.

Sheffield itself is a beautiful city which is very attractive to students from around the world looking for a top class university experience in an affordable and friendly city.

There are two high quality universities situated in Sheffield, bringing in a new wave of young individuals each and every year. With thousands of students coming to live and study in the area, there is a constant demand for student accommodation, making for an easy return on investment in this busy city.

The economy also within Sheffield is booming, and continues to develop at a rate of 5% each year. As Sheffield has become a very desirable place to live and work in the last few years, a demand for property has increased, making now the perfect time to invest!

It is no surprise that the city has recently become one of the uk’s most treasured property investment hotspots for student accommodation!

Financial Breakdown

Gross rent: £4,290
Ground rent: £120
Service charge: £1,810
Lettings fees: £480
Net income: £1,880
Gross yield: 10.73%
Net yield: 4.7%

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-13073

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Sheffield 1.2 miles
  • Darnall 3 miles
  • Netherthorpe Primary School 0.3 miles
  • Bethany School 0.4 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Sheffield 1.2 miles
  • Darnall 3 miles
  • Netherthorpe Primary School 0.3 miles
  • Bethany School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in S6:

  • £146,243
  • Price increase

  • £3,923
  • (2.756%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £127,452
  • Properties sold

    37

Rental opportunities

£442 pcm

Recent sales nearby

See all recent sales in S6
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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The Developer

Price history

Sold prices provided by Land Registry
31st Mar 2020 £40,000 Price reduced by £8,000
23rd Apr 2019 £48,000 Price reduced by £6,000
20th Dec 2018 £54,000 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.