3 bed flat for sale

New Bank House, 100 Queen Street, Sheffield S1

New Bank House, 100 Queen Street, Sheffield, S1 2Fa

A rare opportunity to acquire a well presented three bedroom apartment within the highly sought after Newbank House development, ideally located in Sheffield. This spacious property offers modern and comfortable accommodation, making it an excellent opportunity for investors or those seeking a conveniently located city residence. The apartment comprises three well proportioned bedrooms, a modern bathroom and a spacious reception room, providing a comfortable and versatile living space.

Newbank House benefits from a convenient location within walking distance of Sheffield city centre, where residents can enjoy an excellent selection of shops, bars, restaurants and entertainment venues. Sheffield is widely recognised as one of the UK's leading cities for students and young professionals, benefiting from a vibrant city centre, excellent transport links and ongoing regeneration.

From an investment perspective, Sheffield continues to attract strong rental demand due to its large student population, multiple universities, growing professional community and relatively affordable property prices. Combined with ongoing investment and regeneration across the city, this helps support long term rental demand and potential for capital growth.

Financial Breakdown

Gross Rent: £15,964.00
Net income: £5,704.79
Gross yield: 29.03%
Net yield: 10.37%
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-08644