£75,000
Studio for salePalatine Gardens, 16 Henry Street, Sheffield S3
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
Tenanted for immediate income
High specification finish throughout
Popular Palatine Gardens development
Stylish studio
Furnished
Attractive rental yield
Experienced management in place
Secure intercom entry and lift access
Palatine Gardens, 16 Henry Street, Sheffield, S3 7Er
Ideally positioned investment opportunity – tenanted studio with strong yield
A stylish studio apartment within the Palatine Gardens development, offering a net yield above 7% with tenancy secured until next year and managed by an experienced local letting agent. A ready-made, hassle-free investment in one of Sheffield’s most popular rental hotspots.
This attractive studio apartment comes fully furnished and is exclusively suited to investors seeking immediate income with minimal void risk. Situated in a high specification development, it benefits from modern finishes and strong rental demand.
Palatine Gardens is a high-quality residential scheme in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular Kelham Island. Residents enjoy premium fixtures and furnishings, a landscaped enclosed garden, and secure bicycle storage. With its eco-friendly design and low running costs, Palatine Gardens enhances rental returns while appealing strongly to tenants.
The location provides the best of both worlds – a peaceful retreat close to the vibrant city centre. The nearby Supertram stop allows easy access across Sheffield, further boosting tenant demand.
Sheffield continues to rank as one of the UK’s leading buy-to-let hotspots, with a growing economy, thriving industries, and a strong base of young professionals driving rental demand. With rents and values forecast to rise over the coming years, this apartment offers investors a secure, income-generating asset with strong growth potential.
Financial Breakdown
Gross Rent: £7,500.00
Net income: £5,570.49
Gross yield: 10%
Net yield: 7.43%
Please contact agent for full financial breakdown.
Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08274
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Tenure
Leasehold (243 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review