Residential Investment Portfolio, Sheffield, S10
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- SECTOR
Residential development for sale
Key features
- Established residential locations
- Strong local rental demand
- Close proximity to Sheffield city centre and universities
- Good transport connectivity and local amenities
- Consistent tenant appeal from professionals and academics
Description
The portfolio comprises four long-leasehold residential apartments situated across three separate apartment blocks within the affluent and well established suburb of Sandygate, Sheffield. Two of the apartments are located within the same block at Sandygate Road, with the remaining two apartments situated within nearby developments on Sale Hill and Moorbank Road respectively.
The portfolio consists entirely of 2-bedroom apartments, each benefitting from allocated parking or garage provision and located within mature landscaped developments. The properties are currently income-producing and provide an attractive opportunity to acquire a well-located residential investment portfolio within one of Sheffield's most desirable residential districts.
The apartments are all positioned within approximately one mile of each other, allowing for operational and management efficiencies whilst still providing diversification across multiple developments.
Current passing rents across the portfolio total approximately £39,240 per annum, with further scope for rental growth through future asset management initiatives and reversionary uplift.
Location
The portfolio is situated within the leafy suburb of Sandygate, approximately 3 miles west of Sheffield city centre. Sandygate is widely considered one of Sheffield's most desirable residential areas, known for its attractive leafy surroundings, strong educational provision and proximity to Sheffield city centre.
The surrounding area benefits from a wide range of local amenities including cafés, restaurants, pubs, supermarkets and leisure facilities. The properties also benefit from close proximity to Ecclesall Road and Fulwood Road, both of which provide a wide range of retail and hospitality offerings.
The location is particularly popular with professionals, academics and healthcare workers due to its accessibility to the University of Sheffield and the city's principal hospitals including the Royal Hallamshire Hospital.
Excellent transport links are available via the A57 and Sheffield Parkway, providing connectivity to Sheffield city centre and the wider South Yorkshire region. Regular bus services also operate throughout the area.
Brochures
Residential Investment Portfolio, Sheffield, S10
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Malin Bridge Tram Stop1.8 miles
- University of Sheffield Tram Stop1.8 miles
- Netherthorpe Road Tram Stop2.0 miles
Notes
Disclaimer - Property reference 223160FH. 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 WATLING REAL ESTATE LIMITED, Leeds. 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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