1 bedroom apartment

Great Central, 2 Chatham Street, Sheffield, S3 8FG

Size: 38 sqm

Purchase price

£135,000

Size: 38 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,800
Ground rent £250
Service charge £722
Lettings fees £630
Net income £6,198
Gross yield 5.78%
Net yield 4.59%

This modern and stylish property is on the third floor of the luxurious eight storey Great Central development which is located within easy reach of Sheffield city centre. Great Central is made up of 131 elegant apartments finished to the highest standard and offers tenants the perfect accommodation for city living as there are plenty of local amenities, shops, bars and restaurants conveniently nearby. The apartment compromises of; one bedroom; one bathroom; a fitted kitchen and modern bathroom. Residents of the building also have access to private landscaped amenity space, secure bicycle storage and entry through the double-height main entrance with secure fob access.

Sheffield is the perfect location for renters and commuters as it is easily connected with the neighbouring cities of Birmingham, Manchester, Leeds and London, not to mention the development of the Northern Powerhouse Rail will cut journey times to Leeds and Manchester to under 30 minutes. Such plans will accelerate growth and regeneration of the city which will in turn drive people to the area and increase the demand for rental property. Property prices in Sheffield continue to increase in value which makes it an excellent place to invest, sold prices in Sheffield over the last year were 11% up on the previous year and 16% up on the 2019 peak of £200,960.

There are plenty of exciting regeneration projects underway with the Heart of the City II project which has attracted big companies such as HSBC, CMS, and Radisson Blu and Swedish fashion brands Weekday and Monki. Another major project is underway at West Bar where £150 million has been invested to deliver offices, leisure and retail space and apartments and create up to 8000 jobs. Now is an excellent time to invest in property in Sheffield so enquire today to avoid disappointment.

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! An excellent one bedroom apartment less than a mile from Sheffield city centre. Enquire today to avoid disappointment.

Interested in this property? Enquire today for more information

Key features

Key features

Excellent buy-to-let investment opportunity

Key features

Generate instant income

Key features

Stylish apartment with 1 bedroom and 1 bathroom

Key features

Less than a mile from Sheffield city centre

Key features

Superb transport links

Key features

Close to local shops and amenities

Key features

Fitted kitchen and modern bathroom

Key features

Secure bicycle storage

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! An excellent one bedroom apartment less than a mile from Sheffield city centre. Enquire today to avoid disappointment. More info...

This modern and stylish property is on the third floor of the luxurious eight storey Great Central development which is located within easy reach of Sheffield city centre. Great Central is made up of 131 elegant apartments finished to the highest standard and offers tenants the perfect accommodation for city living as there are plenty of local amenities, shops, bars and restaurants conveniently nearby. The apartment compromises of; one bedroom; one bathroom; a fitted kitchen and modern bathroom. Residents of the building also have access to private landscaped amenity space, secure bicycle storage and entry through the double-height main entrance with secure fob access.

Sheffield is the perfect location for renters and commuters as it is easily connected with the neighbouring cities of Birmingham, Manchester, Leeds and London, not to mention the development of the Northern Powerhouse Rail will cut journey times to Leeds and Manchester to under 30 minutes. Such plans will accelerate growth and regeneration of the city which will in turn drive people to the area and increase the demand for rental property. Property prices in Sheffield continue to increase in value which makes it an excellent place to invest, sold prices in Sheffield over the last year were 11% up on the previous year and 16% up on the 2019 peak of £200,960.

There are plenty of exciting regeneration projects underway with the Heart of the City II project which has attracted big companies such as HSBC, CMS, and Radisson Blu and Swedish fashion brands Weekday and Monki. Another major project is underway at West Bar where £150 million has been invested to deliver offices, leisure and retail space and apartments and create up to 8000 jobs. Now is an excellent time to invest in property in Sheffield so enquire today to avoid disappointment.

  • Key features
    Tick Desktop Excellent buy-to-let investment opportunity
    Tick Desktop Generate instant income
    Tick Desktop Stylish apartment with 1 bedroom and 1 bathroom
    Tick Desktop Less than a mile from Sheffield city centre
    Tick Desktop Superb transport links
    Tick Desktop Close to local shops and amenities
    Tick Desktop Fitted kitchen and modern bathroom
    Tick Desktop Secure bicycle storage
  • 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 £7,800
Ground rent £250
Service charge £722
Lettings fees £630
Net income £6,198
Gross yield 5.78%
Net yield 4.59%

*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.