Studio apartment

47 Palatine Gardens, 16, Henry Street, Sheffield, S3 7EQ

Size: sqm

Purchase price

£85,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,960
Ground rent £250
Service charge £715
Lettings fees £626
Net income £5,369
Gross yield 8.19%
Net yield 6.32%

This wonderful spacious studio apartment comes fully furnished and Is suitable for owner occupiers or investors. Situated in a high specification development.

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 provides residents with high-end fixtures and furnishings, as well as 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.

Sheffield’s economy is growing at a rapid rate and this is causing significant population growth. More and more people are moving to the city every year, and the housing market is under pressure. With both rents and house prices in the city predicted to rise significantly over the next five years, now is the perfect time to get ahead of the game and invest in Sheffield.

Suitable For Owner Occupiers Or Investors! This fantastic spacious studio apartment available, enquire today to avoid disappointment!

Interested in this property? Enquire today for more information

Key features

Key features

Suitable For Owner Occupiers Or Investors

Key features

Wonderful Modern Development

Key features

Great Location

Key features

Nearby Transport Links

Key features

Reputable Management Company In Place

Key features

Over 6% NET Yield

Key features

Hands Off Investment

Key features

Fully Furnished

Suitable For Owner Occupiers Or Investors! This fantastic spacious studio apartment available, enquire today to avoid disappointment! More info...

This wonderful spacious studio apartment comes fully furnished and Is suitable for owner occupiers or investors. Situated in a high specification development.

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 provides residents with high-end fixtures and furnishings, as well as 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.

Sheffield’s economy is growing at a rapid rate and this is causing significant population growth. More and more people are moving to the city every year, and the housing market is under pressure. With both rents and house prices in the city predicted to rise significantly over the next five years, now is the perfect time to get ahead of the game and invest in Sheffield.

  • Key features
    Tick Desktop Suitable For Owner Occupiers Or Investors
    Tick Desktop Wonderful Modern Development
    Tick Desktop Great Location
    Tick Desktop Nearby Transport Links
    Tick Desktop Reputable Management Company In Place
    Tick Desktop Over 6% NET Yield
    Tick Desktop Hands Off Investment
    Tick Desktop Fully Furnished
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,960
Ground rent £250
Service charge £715
Lettings fees £626
Net income £5,369
Gross yield 8.19%
Net yield 6.32%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.