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Velocity Tower - St Mary's Gate, Sheffield S1

Key features

  • Attention Investors - Completed Development With Immediate Rental Returns
  • Availability - Studios, One & Two Bedroom Apartments
  • Gross Rental Yield - Average Of 7%
  • Capital Growth - 20% Forecasted Over 5 Years
  • Long Lease - 997 Years Remaining
  • Amenities - Residents Lounge, Co-Working Space And 24/7 Concierge
  • Sought After Location - 10-Minute Walk To The Universities & Hospitals
  • Ready To Move Into - Integrated Appliances Included, Furniture Packs Available
  • Parking Spaces Available To Purchase
  • Apartments Available To View

Description

Introducing our latest development in the heart of Sheffield - Velocity Tower, offering an exceptional investment opportunity with a starting price of just £168,000.

Purchasing an apartment at this now complete development allows you to earn immediate rental returns, with the building forecast for 20% capital growth over the next five years. This property boasts an impressive average gross rental yield of 7%.

This 21-storey building is set to become the new go-to destination in Sheffield. It features 169 professionally snagged apartments with a combination of studios, one-bed, and two-bed units available. Each apartment comes complete with flooring, integrated appliances, and various layouts to choose from, with some units offering balconies. Enjoy the abundance of natural light through floor-to-ceiling windows and secure living with a fob entry system and 24/7 concierge service.

Residents will benefit from excellent on-site amenities, including a residents' lounge and co-working space. Parking spaces are available for purchase at an additional cost.

Situated in Sheffield city centre, this prime location is just a 10-minute walk to universities, hospitals, and the vibrant city centre, with the amenities of Ecclesall Road right on your doorstep. This development is perfect for homeowners and investors alike, although please note that due to the development now being fully complete, only cash buyers are eligible.

Our dedicated rental department is on hand to assist with rentals, ensuring a seamless investment experience. Don't miss out on this outstanding opportunity to invest in Sheffield's premier new destination.

Studio Apartments - Prices from £168,000

One Bedroom Apartments - Prices from £189,000

Two Bedroom Apartments - Prices from £274,000

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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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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

Velocity Tower - St Mary's Gate, Sheffield S1

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About Redbrik, Sheffield New Homes

837 Ecclesall Road Sheffield S11 8TH
Your Place For Property...

Whether you're buying, selling, renting, or letting, we're on hand to support you every step of the way. We have a team of specialists in sales, lettings, and new homes, with Redbrik offices across both Sheffield and Chesterfield, so the person you need will always be close by.

In just ten years our incredible team have successfully completed over 9,000 sales and have become the trusted advisor for all things property.

If you would like to find out more about our innovative SecureMove™ service or wish to book a property or land valuation call us on 0114 697 9176 - we'd love to hear from you.

We're in the top 5% of agents in the country

The bespoke service offered by our experts has been recognised as 'excellent' for the seventh year running by the Best Estate Agent Guide 2024, meaning we're in the top 5% of agents in the UK.

We are also proud to have been named the Best Large Agent at the Yorkshires Residential Real Estate Awards 2023.

Introducing Redbrik SecureMove™

Moving can be a stressful process, but at Redbrik, we do things differently. Our revolutionary new service, SecureMove™, has been designed to minimise fall-throughs, speed up the sales process and provide more certainty to Buyers and Sellers.

Since the introduction of SecureMove™, our fall-through rates have dropped to just 11%, undercutting the national average by more than a third.

Our Property Marketing

Our incredible team of photographers have the skill and experience to translate the character and charm of every home into a beautiful image gallery. Paired with interactive floor plans and an innovative property tour app, each property is showcased in its very best light.

Our social media advertising selects potential buyers based on area, interests and life-events. Whilst we are able to target specific potential buyers, we also expose each property using local press and our new generation matching system 'PerfectMatch.'

We also showcase properties within our professionally designed Redbrik lifestyle magazine - have you picked up your copy yet?

Your mortgage

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Disclaimer - Property reference ecea9e7c-0b94-495b-a06d-1f858f643dd4. 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 Redbrik, Sheffield New Homes. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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