0 Bedrooms Studio for sale in Bedford Street, Sheffield S6 | £ 54,000
Overview
| Price: | £ 54,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Studio |
| County: | South Yorkshire |
| Town: | Sheffield |
| Postcode: | S6 |
| Address: | Bedford Street, Sheffield S6 |
| Bathrooms: | 1 |
| Bedrooms: | 0 |
Property Description
This unit is a spacious en-suite bedroom with LCD TV, plenty of storage and workstation. This beautiful period building offers students all sorts of amenities, but it was security which was a key priority during the renovation.
Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition secure bike storage encourages students to get around town in a healthy and environmentally friendly way.
Sheffield itself is a beautiful city which is very attractive to students from around the world looking for a top class university experience in an affordable and friendly city.
There are two high quality universities situated in Sheffield, bringing in a new wave of young individuals each and every year. With thousands of students coming to live and study in the area, there is a constant demand for student accommodation, making for an easy return on investment in this busy city.
The economy also within Sheffield is booming, and continues to develop at a rate of 5% each year. As Sheffield has become a very desirable place to live and work in the last few years, a demand for property has increased, making now the perfect time to invest!
It is no surprise that the city has recently become one of the uk’s most treasured property investment hotspots for student accommodation!
Financial Breakdown
Gross rent: £4,080
Ground rent: £120
Service charge: £800
Lettings fees: £120
Net income: £3,040
Gross yield: 7.56%
Net yield: 5.63%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-13073
Property Location
Property Marketed by Yieldit
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