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Studio flat for sale

Sheffield, S3

Guide Price £80,995

Property Description

Key features

  • 52 Luxury Units
  • High Specification Finish
  • Estimated capital uplift 5% pa
  • Rooftop Terrace
  • Assured net rental 9% for 3 years
  • Excellent On-Site Facilities
  • Furniture Packs Available
  • Retail Space
  • Completion date December 2016
  • Cinema Room

Full description

Tenure: Leasehold

Please quote reference 2020847 when enquiring about this property.

This is a fully managed hands-off investment with the following features:

Purchase from £72,995
Pre-launch price 10% below market value
Assured net rental 9% for 3 years
Projected capital growth 5% pa
12 month payment plan
Developer buy back 125% Year 5

Kelham Works is based in a beautiful are yet remains close to the business hub of Sheffield, ensuring residents are near to work but can enjoy wonderful scenery when returning home.

Overview
Kelham Works is a luxuriously built hub for young professionals in a prime location. Its six floors provide excellent social and communal facilities, including a rooftop terrace, retail space, cinema, and gymnasium, plus all the facilities and utilities you would expect from a high specification student development. Accommodation comprises 52 luxury units. All units are en-suite, have their own kitchen, dining and study areas, and make clever use of space with quality fixtures and fittings. The development sits next to the famous Kelham Island Tavern, in the heart of the desirable Kelham Island Quarter, yet just a short tram ride from Sheffield’s city centre.

Facilities include a cinema room, games room, bike store, laundry room, WiFi, gymnasium and a rooftop terrace.

Investing in micro apartments
Micro-apartments redefine urban living for city-dwelling young professionals who want low cost yet high quality, boutique accommodation. The micro-apartment concept is simple: Affordable, High Specification, Energy Efficient and in the heart of the City.

The micro-apartment has historically been popular with investment funds and financial institutions due to high yield potential: on average, micro-apartments generate higher yields than those accrued in more traditional buy-to-let markets.

Please quote reference 2020847 when enquiring about this property.


Listing History

Added on Rightmove:
25 August 2016

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