2 Bedrooms Flat for sale in Sovereign Point, Sheffield S6 | £ 115,000

Property Description

This excellent apartment is situated on the 2nd floor of Sovereign Point. Offered unfurnished, this apartment comprises of a spacious open plan living area and fitted kitchen with plenty of storage space and appliances included; a generously sized master bedroom with an en-suite bathroom; a good sized second bedroom, which is currently being used as an office space; and a large family bathroom, complete with 3-piece suite. This apartment is flooded with natural light throughout due to its large windows and patio door in the living room with a juliet balcony. Residents of Sovereign Point also benefit from its secure entry system and lifts.

Sovereign Point is positioned just over a mile away from Sheffield's lively city centre, as well as the trendy Kelham Island district - an unrivalled location in one of the uk’s fastest-growing and most exciting cities. Sheffield is packed with shops, bars and restaurants along with plenty of museums, gardens and other cultural attractions. Sights like the Sheffield Botanical Gardens and the Orchard Square shopping centre really set Sheffield apart. This development also has one of Sheffield's Supertram stops right on its doorstep, allowing easy travel across the city. Furthermore, residents are also within easy reach of Sheffield train station which provides access to the rest of the country, including major cities such as Manchester, Liverpool, Birmingham and London.

Sheffield suffers from a severe shortage of high quality residential apartments near the city centre. More and more people are moving to the city every year, and the housing market is under pressure. This developments proximity to the city centre means that it is sure to be in high demand among the many young professionals who live in Sheffield. Sheffield also has plans for a £480m retail quarter which will only add to the predicted 70,000 jobs that will be created in the area over the next 10 years. Now is the perfect time to invest in Sheffield!

Financial Breakdown

Gross rent: £6,120
Ground rent: £150
Service charge: £720
Lettings fees: £612
Net income: £4,638
Gross yield: 5.32%
Net yield: 4.03%

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-13439

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