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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 296 page views

Since listed: 369 page views

Description

Palatine Gardens is a new residential development situated in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular area of Kelham Island. The apartments at Palatine Gardens will provide residents with high-end fixtures and furnishings, whilst including a stunning enclosed garden and secure bicycle storage. Furthermore, despite its sublime high gloss, high tech white and grey interiors, Palatine’s beauty is more than skin deep with it’s eco-friendly bills promising significantly reduced energy bills and a subsequent enhancement of rental income.

The local area is a peaceful retreat for tenants away from the hustle and bustle of the city centre, but still within easy walking distance. In addition, the local Supertram light railway stop will allow residents to traverse Sheffield with ease. Sheffield itself is one of the uk’s buy-to-let hotspots thanks to its mix of emerging industries and a high proportion of its population being the sort of skilled young professionals who are desperate to live in high quality rental apartments.

Property includes:
Built in storage wall
Built in wardrobes
High tech / high gloss kitchens that are easy to use and clean
Luxury bathrooms
Open plan living ideal for post-grad students couples or anyone wanting their own space
Mood lighting
Central garden
Eco-friendly / low energy design
Bin / bike stores

The apartment itself is brand new and comes fully furnished. Enquire today for more information on this fantastic investment opportunity.

Financial Breakdown

Gross rent: £8,400
Ground rent: £250
Service charge: £832
Lettings fees: £840
Net income: £6,478
Gross yield: 8%
Net yield: 6.17%

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-14884

Map & Nearby

Local Amenities

  • Sheffield 1 miles
  • Darnall 2.9 miles
  • Netherthorpe Primary School 0.2 miles
  • Bethany School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sheffield 1 miles
  • Darnall 2.9 miles
  • Netherthorpe Primary School 0.2 miles
  • Bethany School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in S3:

  • £133,241
  • Price increase

  • £5,117
  • (3.994%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £123,031
  • Properties sold

    62

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in S3 is currently:

£477 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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How much could I borrow?

In partnership with

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
18th Mar 2020 £105,000 Price reduced by £5,000
28th Feb 2020 £110,000 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.