Palatine Gardens, 16 Henry Street, Sheffield, S3 7ER
- 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
- Tenanted for immediate income
- High specification finish throughout
- Popular Palatine Gardens development
- Stylish studio
- Furnished
- Attractive rental yield
- Experienced management in place
- Secure intercom entry and lift access
Description
A stylish studio apartment within the Palatine Gardens development, offering a net yield above 7% with tenancy secured until next year and managed by an experienced local letting agent. A ready-made, hassle-free investment in one of Sheffield’s most popular rental hotspots.
This attractive studio apartment comes fully furnished and is exclusively suited to investors seeking immediate income with minimal void risk. Situated in a high specification development, it benefits from modern finishes and strong rental demand.
Palatine Gardens is a high-quality residential scheme in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular Kelham Island. Residents enjoy premium fixtures and furnishings, a landscaped enclosed garden, and secure bicycle storage. With its eco-friendly design and low running costs, Palatine Gardens enhances rental returns while appealing strongly to tenants.
The location provides the best of both worlds – a peaceful retreat close to the vibrant city centre. The nearby Supertram stop allows easy access across Sheffield, further boosting tenant demand.
Sheffield continues to rank as one of the UK’s leading buy-to-let hotspots, with a growing economy, thriving industries, and a strong base of young professionals driving rental demand. With rents and values forecast to rise over the coming years, this apartment offers investors a secure, income-generating asset with strong growth potential.
Financial Breakdown
Gross Rent: £7,500.00
Net income: £5,570.49
Gross yield: 10%
Net yield: 7.43%
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-08274
- 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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Palatine Gardens, 16 Henry Street, Sheffield, S3 7ER
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Visit our security centre to find out moreDisclaimer - Property reference YL-08274. 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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