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1 bedroom apartment for sale

Reference: 65298, Russell Street, Sheffield


Property Description

Key features

  • Due To Complete Q4 2019
  • Yields Of 7.5%+
  • Phase 2
  • Phase 1 Is 100% Tenanted
  • Parking Available To Purchase

Full description

Tenure: Leasehold

Property Reference: 65298

Part of the Northern Power House Initiative, Sheffield`s affordable and high demand property market represents one of the premier BTL hotspots in the UK today.

Cornwall Works, located in the historic and beautiful Kelham Island ‘urban village` of Sheffield, is the latest project from seasoned developers, Firestone.

This is actually the second phase of Cornwall Works! The first phase has proven extremely successful and is fully built and 100% tenanted.

This development comprises 48 self-contained luxury studio and 1 bedroom apartments.

Investment Summary:

 Spacious studios from just £89,995
 Impressive rental yields of 7.5%+
 48 self-contained studios and 1 beds priced at 19% below local comparables.
 Sheffield is home to two world class universities with over 65,000 students
 Phase 1 completed and fully tenanted
 Completion Q3 2019
 Low deposit, just 35% required prior to completion
 Zero service charge and management fees for years 1 & 2
 Opportunity to own high-spec apartments in Sheffield`s hottest new Quarter
 Fully hands-off investment, managed by established UK operator

Why invest in Sheffield?

Sheffield is an economic powerhouse in the north of England, attracting businesses globally with a high employment rate, and excellent accessibility and connectivity. Around 2.1 million people live within a 60 minute commute of the city where growing key sectors include the creative and digital industries, low-carbon, and healthcare technologies.

The city centre has undergone a radical transformation in recent years and offers a vibrant and cosmopolitan experience that rivals any European city.

The UK`s fourth largest city, Sheffield offers a unique blend of both urban lifestyle and rural retreat. The city has been going through something of an ‘urban renaissance` in recent years, making the most of its grand industrial heritage and architecture, and reinventing itself as a city of European significance.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Listing History

Added on Rightmove:
22 March 2018

Map & Street View

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