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Studio flat for sale

Kelham Works, Kelham Island Quarter, Sheffield S3 8RW

£80,995

Property Description

Key features

  • Assured net rental 9% for 3 years
  • Projected capital growth of 5% pa
  • 12 month payment plan
  • Developer Buy Back 125% Year 5
  • Deposit of just 2,500 to secure the property
  • Furniture pack worth 4,000 included!
  • Off plan investment

Full description

Located in the beautiful and historic Kelham Island is the brand new, off plan, development Kelham Works.

This development, completed by highly reputable developers Noble Design and Build, comprises 52 self-contained luxury micro-apartments, plus top of the range communal facilities and utilities; perfect for today's discerning young professionals.

Sheffield University is famed for its high quality of education and home to 63,000 students. These apartments are ideal for the student market, providing a safe and high quality alternative to halls of residence.

Featuring stunning, furnished interiors, this is a fully managed hands-off investment with the following features:

Assured net rental 9% for 3 years
Projected capital growth of 5% pa
12 month payment plan
Developer Buy Back 125% Year 5
Deposit of 2,500 to secure the property

The development also includes a roof top terrace, bike store, on site gym, laundry room, cinema room and retail space.

With 24/7 security system, wifi throughout and a range of excellent onsite facilities, this offers an ideal investment for the seasoned property professional.

The gross rent is 8,415 per annum and the annual yield is 8,04%.

The lease is 195 years.

Service charge of 1,200pa

Ground rent of 300pa

The property requires a deposit of just 2,500 and includes a furniture pack work 4,000.

Completion date December 2016

More information from this agent

Listing History

Added on Rightmove:
30 July 2016

Nearest stations

  • Shalesmoor (0.3 mi)
  • Cathedral (0.4 mi)
  • Castle Square (0.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Property Eagle, Surrey

137a Molesey Avenue, West Molesey, KT8 2RY

01932 485196 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Property Eagle, Surrey

137a Molesey Avenue, West Molesey, KT8 2RY

01932 485196 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Shalesmoor (0.3 mi)
  • Cathedral (0.4 mi)
  • Castle Square (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Property Eagle, Surrey

137a Molesey Avenue, West Molesey, KT8 2RY

01932 485196 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference KelhamNB110. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Property Eagle, Surrey. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.