2 bedroom apartment

Newbank House

Size: 38.5 sqm

Purchase price

£78,000

Size: 38.5 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,428
Ground rent £250
Service charge £3,660
Lettings fees £1,392
Net income £5,126
Gross yield 13.37%
Net yield 6.57%

Yieldit are delighted to offer onto the market this spacious two bedroomed student accommodation.

Newbank House is the second phase development of the successful Sovereign house student development. It has undergone an extensive refurbishment and provides 250 apartments to cater for the demand of students who desire luxury accommodation in Sheffield. Each spacious en-suite apartment is fully furnished and contains a fitted kitchenette and a dedicated study area. In addition, free WiFi is provided to all residents and all bills are inclusive! Also provided for all residents are top of the range communal areas such as laundry facilities, an entertainment room, a games room and a fully equipped state-of-the-art gymnasium!

Newbank House is perfectly placed only a short walk from The University of Sheffield and Sheffield Hallam as well as the main train station. In addition all of the shops, bars and restaurants in the city centre are a stones throw away. Sheffield is a bustling city environment mixed with the friendliness of a small town which is very attractive to students from around the world looking for a top class university experience. Sheffield is the fifth largest city in the UK and is nestled right in the centre of the country, only 50 minutes from Manchester and two hours from London by train. There are also links to the local towns of Barnsley, Chesterfield, Doncaster and Huddersfield by bus, making it an ideal location for students from each corner of the UK.

Sheffield has been ranked as one of the top 10 most affordable university cities in the UK. That means you can stretch your money a bit further as you visit the local bars, clubs, pubs and cultural attractions.

Please note: Images shown are of a show apartment and may not be representative of the property for sale. The images will be updated as soon as we gain access to the property to take photographs

EARN INSTANT INCOME ON THIS TENANTED INVESTMENT ACCOMODATION - EARN OVER 7% NET yield on this 2 bedroom apartment. Invest in the UK’s number one city for student satisfaction! Diversify your portfolio with Purpose Built Student Accommodation today!

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Fully furnished

Key features

Excellent location

Key features

Residents gymnasium

Key features

Close to university

Key features

Two Bedrooms

Key features

Buy-to-let hotspot

Key features

Over 7% NET yield

EARN INSTANT INCOME ON THIS TENANTED INVESTMENT ACCOMODATION - EARN OVER 7% NET yield on this 2 bedroom apartment. Invest in the UK’s number one city for student satisfaction! Diversify your portfolio with Purpose Built Student Accommodation today! More info...

Yieldit are delighted to offer onto the market this spacious two bedroomed student accommodation.

Newbank House is the second phase development of the successful Sovereign house student development. It has undergone an extensive refurbishment and provides 250 apartments to cater for the demand of students who desire luxury accommodation in Sheffield. Each spacious en-suite apartment is fully furnished and contains a fitted kitchenette and a dedicated study area. In addition, free WiFi is provided to all residents and all bills are inclusive! Also provided for all residents are top of the range communal areas such as laundry facilities, an entertainment room, a games room and a fully equipped state-of-the-art gymnasium!

Newbank House is perfectly placed only a short walk from The University of Sheffield and Sheffield Hallam as well as the main train station. In addition all of the shops, bars and restaurants in the city centre are a stones throw away. Sheffield is a bustling city environment mixed with the friendliness of a small town which is very attractive to students from around the world looking for a top class university experience. Sheffield is the fifth largest city in the UK and is nestled right in the centre of the country, only 50 minutes from Manchester and two hours from London by train. There are also links to the local towns of Barnsley, Chesterfield, Doncaster and Huddersfield by bus, making it an ideal location for students from each corner of the UK.

Sheffield has been ranked as one of the top 10 most affordable university cities in the UK. That means you can stretch your money a bit further as you visit the local bars, clubs, pubs and cultural attractions.

Please note: Images shown are of a show apartment and may not be representative of the property for sale. The images will be updated as soon as we gain access to the property to take photographs

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Fully furnished
    Tick Desktop Excellent location
    Tick Desktop Residents gymnasium
    Tick Desktop Close to university
    Tick Desktop Two Bedrooms
    Tick Desktop Buy-to-let hotspot
    Tick Desktop Over 7% NET yield
  • 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 £10,428
Ground rent £250
Service charge £3,660
Lettings fees £1,392
Net income £5,126
Gross yield 13.37%
Net yield 6.57%

*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.