£110,000
1 bed flat for saleHenry Street, Sheffield S3
1 bed
1 bath
1 reception
EPC Rating: B
- Leasehold
Yieldit
.png)
About this property
One bedroom apartment
Stunning finish
EWS1 form in place
Tenant in situ
Open plan living
Buy-to-let hotspot
Close to local amenities
Desirable Kelham Gate location
Built by reputable developer
Tenanted for immediate income
Apartment 29 Palatine Gardens, 18, Henry Street Sheffield S3 7Er
Earn instant income on this already tenanted investment opportunity! A chance to purchase an excellent one bedroom apartment at Palatine Gardens Phase 2, a development close to the popular district of Kelham Island.
This stunning apartment comprises of; entrance hallway, fitted kitchen with open plan living and dining area, family bathroom and one well positioned double bedroom.
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..
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (245 years)
Service charge
Council tax band
Ground rent
£250
Ground rent date of next review