Alexandra House, 50, Castlegate, Sheffield, South Yorkshire, S3 8LE
- PROPERTY TYPE
Studio
- 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
- 10.85% NET return
- Fully furnished
- 15.6 sq. m
- Studio apartment
- High rental demand
- Great location
- Fully managed
- Suitable for students and residential tenants
- Can be ran on a short term let basis
- Don't miss out and enquire today
Description
This self-contained studio benefits common facilities such as laundry facilities, a common room, a study room and a resident gym. Free Wi-Fi is provided to all residents and all bills are inclusive for residents!
Alexandra House is a modern development located within walking distance of Sheffield city centre, suitable for residential tenants, students and short term lets with a strong rental demand providing lucrative returns for investors.
Located close to all amenities within the city centre and just a 4 minute walk to Sheffield Train Station, Alexandra House is close to all the university buildings and amenities that residents could need so is sure to appeal to a wide spectrum of tenant.
Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction, and all the city's bars, restaurants, clubs and other nightlife destinations are within walking distance of the development.
**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
Do not miss out on this fantastic high yielding investment opportunity.
Financial Breakdown
Gross Rent: £6,600.00
Net income: £3,799.12
Gross yield: 24.44%
Net yield: 14.07%
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-06649
- 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.
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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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Alexandra House, 50, Castlegate, Sheffield, South Yorkshire, S3 8LE
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Visit our security centre to find out moreDisclaimer - Property reference YL-06649. 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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