1 Bedroom Apartment

2 Chatham Street, 
Sheffield, 
Yorkshire, 
S3 8FG
Purchase price
£119,500
  • Size: 36 sqm
  • Tenanted
ATTENTION INVESTORS - GENERATE A HIGH RETURN WITH THIS STUNNING APARTMENT! Stylish city centre one bedroom apartment in a fantastic well maintained development.
  • Financial Performance*
Gross rent
£9,000
Ground rent
£250
Service charge
£1,388
Lettings fees
£675
Net income
£6,687
Gross yield
7.53%
Net yield
5.6%
  • Key Features
  • Tenanted investment opportunity
  • Generate an excellent return from completion
  • Experienced agent in place
  • Fourth floor one bedroom apartment
  • Open plan living
  • Modern fully-fitted kitchen
  • Bathroom with three-piece suite
  • Communal gardens
  • Excellent location
  • Don't miss out and enquire today

This modern and stylish property is on the fourth floor of the luxurious eight storey Great Central development which is located within easy reach of Sheffield city centre. Great Central is made up of 131 elegant apartments finished to the highest standard and offers tenants the perfect accommodation for city living as there are plenty of local amenities, shops, bars and restaurants conveniently nearby. The apartment consists of stylish open plan living area; modern fully fitted kitchen; double bedroom with floor to ceiling window and bathroom with three-piece suite and shower over bath . Residents of the building also have access to private landscaped amenity space, secure bicycle storage and entry through the double-height main entrance with secure fob access.

Sheffield is the perfect location for renters and commuters as it is easily connected with the neighbouring cities of Birmingham, Manchester, Leeds and London, not to mention the development of the Northern Powerhouse Rail will cut journey times to Leeds and Manchester to under 30 minutes. Such plans will accelerate growth and regeneration of the city which will in turn drive people to the area and increase the demand for rental property. Property prices in Sheffield continue to increase in value which makes it an excellent place to invest, sold prices in Sheffield over the last year were 11% up on the previous year and 16% up on the 2019 peak of £200,960.

There are plenty of exciting regeneration projects underway with the Heart of the City II project which has attracted big companies such as HSBC, CMS, and Radisson Blu and Swedish fashion brands Weekday and Monki. Another major project is underway at West Bar where £150 million has been invested to deliver offices, leisure and retail space and apartments and create up to 8000 jobs. Now is an excellent time to invest in property in Sheffield so enquire today to avoid disappointment.

  • Financial Performance *
Gross rent
£9,000
Ground rent
£250
Service charge
£1,388
Lettings fees
£675
Net income
£6,687
Gross yield
7.53%
Net yield
5.6%
*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