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Studio flat for sale
Alexandra House, 1 Castle Gate, Sheffield S3
£35,000
Alexandra House, 1 Castle Gate, Sheffield S3
£35,000
Our Summary
- 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
Description
Alexandra House is a modern student development in Sheffield, perfect for working professionals and students in their second/third year of study. Located near the city center and just a 4-minute walk to Sheffield Train Station, it's close to university buildings and amenities. The property features in-house laundry facilities, a common room, study room, and residents-only gym, with free Wi-Fi and bills included. Sheffield is recognized for its high student satisfaction, and the city's bars, restaurants, and nightlife are within walking distance. The property offers a gross yield of 17.83% and a net yield of 7.33%, making it an attractive investment opportunity for cash buyers. However, please note that the property is not eligible for a mortgage and can only be bought as an investment property.