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Studio flat for sale
Palatine Gardens, 16 Henry Street, Sheffield, S3 7ER
£75,000
Palatine Gardens, 16 Henry Street, Sheffield, S3 7ER
£75,000
Our Summary
- IDEALLY POSITIONED INVESTMENT OPPORTUNITY – TENANTED STUDIO WITH STRONG YIELD A stylish studio apartment within the Palatine Gardens development, offering a net yield above 7% with tenancy secured until next year and managed by an experienced local letting agent
- With rents and values forecast to rise over the coming years, this apartment offers investors a secure, income-generating asset with strong growth potential
Description
This stylish studio apartment in Sheffield's popular Palatine Gardens development offers a hassle-free investment opportunity with a net yield above 7%. The property is fully furnished and tenanted until next year, with a strong rental demand in the area. The development is located in a trendy neighborhood within walking distance of the city center and features modern finishes, a landscaped garden, and secure bicycle storage. The apartment benefits from a high specification design and eco-friendly features, which enhance rental returns and appeal to tenants. With a gross yield of 10% and a net yield of 7.43%, this investment offers a secure income-generating asset with strong growth potential in one of the UK's leading buy-to-let hotspots.