Studio

Silver Street, 
Sheffield, 
S1 2FA
Purchase price
£50,000
  • Size: 22 sqm
  • Tenanted
EXCELLENT OPPORTUNITY FOR INVESTMENT - ANTICIPATED 8-10% NET RETURN! Invest in fully-managed, hands off premium studio accommodation with lucrative returns.
  • Financial Performance*
Gross rent
£8,591
Ground rent
£285
Service charge
£3,303
Lettings fees
£860
Net income
£4,143
Gross yield
17.18%
Net yield
8.29%
  • Key Features
  • Excellent opportunity for investment
  • Anticipated 8-10% NET return
  • Fully managed
  • Hands off investment
  • Premium studio
  • Suitable for students and working professionals
  • Perfect location in the city centre
  • Onsite resident amenities
  • Gym and social areas
  • Don't miss out and enquire today

EXCELLENT OPPORTUNITY FOR INVESTMENT – ANTICIPATED 8-10% NET RETURN! Invest in fully-managed, hands off premium student accommodation with lucrative returns.

Yieldit are delighted to offer onto the market this fantastic premium studio unit which is suitable for students and working professionals.

Newbank House is the second phase development of the successful Sovereign house student development. It has undergone an extensive refurbishment and provides 250 apartments to cater for the demand of students who desire luxury accommodation in Sheffield. Each spacious apartment is fully furnished and contains a fitted kitchenette and a dedicated study area. In addition, free WiFi is provided to all residents and all bills are inclusive! Also provided for all residents are top of the range communal areas such as laundry facilities, an entertainment room, a games room and a fully equipped state-of-the-art gymnasium!

Newbank House is perfectly placed only a short walk from The University of Sheffield and Sheffield Hallam as well as the main train station. In addition all of the shops, bars and restaurants in the city centre are a stones throw away. Sheffield is a bustling city environment mixed with the friendliness of a small town which is very attractive to students from around the world looking for a top class university experience. Sheffield is the fifth largest city in the UK and is nestled right in the centre of the country, only 50 minutes from Manchester and two hours from London by train. There are also links to the local towns of Barnsley, Chesterfield, Doncaster and Huddersfield by bus, making it an ideal location for students from each corner of the UK.

Sheffield has been ranked as one of the top 10 most affordable university cities in the UK. That means you can stretch your money a bit further as you visit the local bars, clubs, pubs and cultural attractions.

  • Financial Performance *
Gross rent
£8,591
Ground rent
£285
Service charge
£3,303
Lettings fees
£860
Net income
£4,143
Gross yield
17.18%
Net yield
8.29%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating