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Sold subject to contractInvestment
£95,000

1 bed flat for sale Palatine Gardens Phase 2, Henry Street, Sheffield S3

1 bed
1 bath
1 reception

Property location

  • Netherthorpe Primary School0.2 miles
  • Bethany School0.3 miles
  • Sheffield1 miles
  • Darnall2.9 miles

Features and 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
Private Balcony
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: 9.6%
Net yield: 7.4%

Important Note To Purchasers

*For leasehold properties: 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

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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.