1 Bedroom Apartment

316 Shalesmoor, 
Sheffield, 
S3 8FJ
Purchase price
£100,000
  • Size: 33 sqm
  • Tenanted
INVESTORS ONLY - TENANT IN SITU PRODUCING A HEALTHY YIELD! Luxury one bedroom apartment in the recently completed and sought-after Kelham Gate development.
  • Financial Performance*
Gross rent
£8,400
Ground rent
£125
Service charge
£1,077
Lettings fees
£840
Net income
£6,358
Gross yield
8.4%
Net yield
6.36%
  • Key Features
  • Perfect investment opportunity
  • Generate income right from completion
  • Impressive return in excess of 6% NET
  • Experienced agent in place
  • Fourth floor apartment
  • One double bedroom
  • High quality finish throughout
  • Recently completed luxury development
  • Fantastic location
  • Walking distance to city centre

We’re pleased to offer for sale this luxury apartment in one of Sheffield’s recently completed top quality developments in one of the most vibrant areas of the city. Kelham Gate provides first class accommodation with key features including a communal lobby, secure bike storage and an idyllic garden courtyard. The apartment offered for sale sits on the fourth floor and consists of a bright and airy open plan living area, high quality kitchen with integrated appliances, spacious double bedroom with floor to ceiling window, utility cupboard housing washing machine and a stylish fully tiled bathroom.

Kelham Gate is a welcomed addition to the Sheffield property market meeting the continuous demand for private rental accommodation in this thriving city. Sheffield has become increasingly popular with young professionals thanks to the success of extensive regeneration programmes over the last decade such as those brought to life under The Heart of the City project.

Kelham Island is one of the most sought-after locations to reside in the city, recently named as one of the coolest neighbourhoods in the world by TimeOut magazine. It’s home to a wide range of award-winning bars and restaurants and Kelham Island Museum meaning there is plenty on offer to see and do. It’s also walking distance to the city centre and has excellent public transport links making it ideal for tenants and investors alike.

Sheffield is on of the top cities in the UK for investment potential offering attractive entry prices and fantastic value for money. The city has one of the best income-to-rent ratios meaning that there is good scope for rental increases in the future if wages rise, combined with relentless demand for property as Sheffield becomes an even more desirable place to live, work and visit.

  • Financial Performance *
Gross rent
£8,400
Ground rent
£125
Service charge
£1,077
Lettings fees
£840
Net income
£6,358
Gross yield
8.4%
Net yield
6.36%
*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