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1 bed flat for sale

£108,995

Russell Street, Sheffield S3

1 1
Interested in this property? Call +44 1952 476614 * or

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Property description

*** direct from developer ***

• Guaranteed Rental Return 8% for 3 years, available up front on completion!
• 125% buy back in year 5
• Fully managed hands off investment
• Payment plans to suit first time and small investors - part ownership avaialable
• Roof top terrace, fully equipped gym, inclusive of all utilities and wifi
• 10 Year Structural Warranty
• 56 Self contained apartments
• award winning developer!

A stunning new development in Sheffield’s vibrant Kelham Island Quarter - the perfect location for high quality, boutique living and the perfect opportunity for investors looking to earn a huge 8% net yield, guaranteed for the first 3 years. All apartments are occupied ready for immediate income from day one!

Kelham Works is based in the historic and beautiful area of Kelham Island ‘urban village’ yet remains close to the business hub of Sheffield, ensuring residents are near to work but can enjoy wonderful scenery when returning home.

The development comprises of 56 self-contained luxury apartments, plus top of the range communal facilities and utilities. These include a fully equipped onsite gym and an astonishing roof top terrace! Designed specifically to attract 3rd year students and young professionals. Each luxury studio unit comes with en-suite bathroom, kitchen, dining area and study area.

We as the developer are so confident with the demand for units that we’ll even pay 3 years rent upfront on day one deducted from completion funds.

Options for part owner ships for small or first time investors
Market activity
Average price paid £126,301 Sales 139 Current average value £126,819 (Zoopla Zed-Index) Value change £941 ▲ 0.75%

Property value data/graphs for S3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £168,572 - 3.6 £218,333
Semi-detached £119,297 £127 3.0 £98,681
Terraced £116,326 £147 3.1 £206,832
Flats £128,641 £217 1.8 £117,924

Current asking prices in S3

Average: £153,443
Avg. current asking prices in S3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £89,167
(6)
£190,000
(1)
£250,000
(1)
Flats £109,847
(54)
£142,842
(40)
£185,750
(4)
- £235,000
(1)
All £109,847
(54)
£142,842
(40)
£127,800
(10)
£190,000
(1)
£242,500
(2)

Current asking rents in S3

Average: £680 pcm
Avg. current asking prices in S3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £516 pcm
(6)
£700 pcm
(4)
£549 pcm
(9)
£758 pcm
(4)
£975 pcm
(3)
Flats £592 pcm
(86)
£778 pcm
(85)
£578 pcm
(6)
£702 pcm
(4)
£1,923 pcm
(4)
All £587 pcm
(92)
£775 pcm
(89)
£561 pcm
(15)
£730 pcm
(8)
£1,517 pcm
(7)

Fun facts for S3

Highest value in S3
Highest value streets Zed-Index
Edward Street £222,732
Green Lane £195,624
Victoria Street £168,534
Cavendish Street £154,231
Scotland Street £153,480
Highest turnover in S3
Highest turnover streets Turnover
Kelham Square 46.2%
Kelham Island 45.3%
Bramwell Close 37.5%
Spring Street 35.6%
Adelaide Lane 33.3%

What Zoopla users think of Sheffield

Overall rating:

  • currently 4 stars
Very good - 79% (713 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Sheffield:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Sheffield (0.8 miles)
  • Darnall (2.6 miles)
  • Meadowhall (3.1 miles)
  • Robin Hood Airport (20.2 miles)
  • Manchester International Airport (33.2 miles)
  • Leeds Bradford International Airport (33.9 miles)
  • Hull Ferry Terminal (55.0 miles)
  • Liverpool Pier Head Ferry Terminal (62.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (63.0 miles)

Nearby schools

View all schools in Sheffield
  • Netherthorpe Primary School (0.4 miles)
  • Pye Bank CofE Primary School (0.5 miles)
  • Springfield Primary School (0.8 miles)
  • Longley Park Sixth Form College (2.2 miles)
  • Chapeltown Academy (4.3 miles)
  • Shelley College (16.2 miles)
  • Seven Hills School (1.2 miles)
  • All Saints' Catholic High School (1.2 miles)
  • King Edward VII School (1.3 miles)
Note: Distances are straight line measurements

Local info for Sheffield

About the neighbours in S3

AskMe Q&A for Sheffield

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For more information about this property, please contact
Noble Design & Build - Kelham Works, S3 on +44 1952 476614 * (local rate)

Monthly running costs Beta

£568 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,899
Repayment term 25
Interest rate 1.5
Your payment £392 /mo How Much Could I Borrow

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.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £21 Electricity £23 Estimated energy cost £44/mo

Similar properties could save up to £168

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sheffield

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Noble Design & Build - Kelham Works about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Noble Design & Build - Kelham Works, and do not constitute property particulars. Please contact Noble Design & Build - Kelham Works for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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