Studio for sale in Palatine Gardens, Roscoe Road, Sheffield S3

Studio for sale 1 1

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Property description

Palatine Gardens is a new residential apartment concept situated in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular area of Kelham Island. The apartments at Palatine Gardens provide residents with high-end fixtures and furnishings, whilst including a stunning enclosed garden and secure bicycle storage. Furthermore, despite its sublime high gloss, high tech white and grey interiors Palatine’s beauty is more than skin deep with its eco friendly bills promising significantly reduced energy bills and a subsequent enhancement of rental income.

The local Shalesmoor area is a peaceful retreat for tenants away from the hustle and bustle of the city centre, but still within easy walking distance. In addition, the local Supertram light railway stop will allow residents to traverse Sheffield with ease. Sheffield itself is one of the uk’s buy-to-let hotspots thanks to its mix of emerging industries and a high proportion of its population being the sort of skilled young professionals who are desperate to live in high quality rental apartments.

Feature Summary

Built in storage wall
Built in wardrobes
High tech / high gloss kitchens that are easy to use and clean
Luxury bathrooms
Open plan living ideal for post-grad students couples or anyone wanting their own space
Mood lighting
Central Garden
Eco-friendly / low energy design
Bin / bike stores

The Apartment itself is brand new and comes fully furnished. Enquire today for more information on this fantastic investment opportunity.

Financial Breakdown

Gross rent: £6,300
Ground rent: £275
Service charge: £720
Lettings fees: £567
Net income: £4,738
Gross yield: 7.41%
Net yield: 5.57%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-13035

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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