Key info
1Bedrooms
1Bathrooms
0 sqmSize
Property description
Strategy: Tenanted
This modern and stylish property is on the second 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 attract 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 for your next property investment,
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.
Financial Breakdown
Gross Rent: £9,000.00
Net income: £7,064.80
Gross yield: 8.57%
Net yield: 6.73%
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-08114
Sourced reference: 160405199
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
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