1 Bedroom Apartment

16 Henry Street, 
Sheffield, 
Yorkshire, 
S3 7EQ
Purchase price
£110,000
  • Tenanted
ENQUIRE TODAY ON THIS SUPERB TENANTED INVESTMENT OPPURTUNITY! This well presented one bedroom apartment is available, generating a great net return.
  • Financial Performance*
Gross rent
£7,200
Ground rent
£329
Service charge
£876
Net income
£5,995
Gross yield
6.55%
Net yield
5.45%
  • Key Features
  • One Bedroom Apartment
  • Modern High Standard
  • EWS1 form in place
  • Open Plan Living
  • Desirable Kelham Gate Location
  • Close By To Local Amenities
  • Tenanted For Immediate Income
  • 1ST Floor

ENQUIRE TODAY ON THIS SUPERB TENANTED INVESTMENT OPPURTUNITY! This well presented one bedroom apartment is available, generating a great net return.

This wonderful one bedroom apartment situated on the first floor comes fully furnished and with tenant in situ. This is a fantastic hands off investment, situated in a high specification development.

Palatine Gardens is a new residential development situated in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular area of Kelham Island. The apartments at Palatine Gardens provides residents with high-end fixtures and furnishings, as well as a stunning enclosed garden and secure bicycle storage. Furthermore, despite its sublime high gloss, high tech white and grey interiors, Palatine’s beauty is more than skin deep with it’s eco-friendly bills promising significantly reduced energy bills and a subsequent enhancement of rental income.

The local area is a peaceful retreat for tenants away from the hustle and bustle of the city centre, but still within easy walking distance. In addition, the local Supertram light railway stop will allow residents to traverse Sheffield with ease. Sheffield itself is one of the UK’s buy-to-let hotspots thanks to its mix of emerging industries and a high proportion of its population being the sort of skilled young professionals who are desperate to live in high quality rental apartments.

Sheffield’s economy is growing at a rapid rate and this is causing significant population growth. More and more people are moving to the city every year, and the housing market is under pressure. With both rents and house prices in the city predicted to rise significantly over the next five years, now is the perfect time to get ahead of the game and invest in Sheffield. Please note figures are indicative of the property being self managed. Note letting and management fees may apply.

  • Financial Performance *
Gross rent
£7,200
Ground rent
£329
Service charge
£876
Net income
£5,995
Gross yield
6.55%
Net yield
5.45%
*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