Palatine Gardens, 16, Henry Street, Sheffield, Yorkshire, S3 7EQ
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- One Bedroom Apartment
- Modern High Standard
- EWS1 form in place
- Open Plan Living
- Desirable Kelham Gate Location
- Close By To Local Amenities
- Tenanted For Immediate Income
- 1ST Floor
Description
This wonderful one bedroom apartment situated on the first floor comes fully furnished and with tenant in situ. This is a fantastic hands off investment, situated in a high specification development.
Palatine Gardens is a new residential development situated in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular area of Kelham Island. The apartments at Palatine Gardens provides residents with high-end fixtures and furnishings, as well as a stunning enclosed garden and secure bicycle storage. Furthermore, despite its sublime high gloss, high tech white and grey interiors, Palatine’s beauty is more than skin deep with it’s eco-friendly bills promising significantly reduced energy bills and a subsequent enhancement of rental income.
The local area is a peaceful retreat for tenants away from the hustle and bustle of the city centre, but still within easy walking distance. In addition, the local Supertram light railway stop will allow residents to traverse Sheffield with ease. Sheffield itself is one of the UK’s buy-to-let hotspots thanks to its mix of emerging industries and a high proportion of its population being the sort of skilled young professionals who are desperate to live in high quality rental apartments.
Sheffield's economy is growing at a rapid rate and this is causing significant population growth. More and more people are moving to the city every year, and the housing market is under pressure. With both rents and house prices in the city predicted to rise significantly over the next five years, now is the perfect time to get ahead of the game and invest in Sheffield. Please note figures are indicative of the property being self managed. Note letting and management fees may apply.
Financial Breakdown
Gross Rent: £7,200.00
Net income: £5,995.00
Gross yield: 8.67%
Net yield: 7.22%
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-07737
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Palatine Gardens, 16, Henry Street, Sheffield, Yorkshire, S3 7EQ
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Visit our security centre to find out moreDisclaimer - Property reference YL-07737. 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 yieldit, Manchester. 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.
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