17 bedroom block of apartments for sale

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17 bedroom block of apartments for sale

Gell Street, Sheffield S3
£1,100,000

Our Summary

  • An outstanding investment opportunity to acquire a fully let, high-spec modern block of flats, ideally situated within walking distance of Sheffield's city centre and both major universities
  • Investment Opportunity
  • Investment opportunity

Description

This exceptional investment opportunity presents a fully let, high-spec modern block of flats in a prime Sheffield location, within walking distance of the city center and major universities. The property is designed with the student rental market in mind and features granite worktops and premium-quality fixtures throughout. The block comprises three flats, including a 5-bedroom and two 6-bedroom units, which are all fully let until June 2025, generating a strong projected yield of approximately 9%. The property is a true turn-key investment, with a hassle-free, cash-flowing asset that is expected to deliver a total rental income of £92,820 in the current academic year, rising to £99,008 in the next academic year. With a superb central location and strong student demand, this is an ideal investment for buyers seeking a fully operational, income-producing property in one of the UK's most resilient student markets.