1 bed flat for sale

Kelham Gate, 316 Shalesmoor, Sheffield S3

Kelham Gate, 316 Shalesmoor, Sheffield S3 8Fj

We’re pleased to offer for sale this luxury apartment in one of Sheffield’s recently completed top quality developments in one of the most vibrant areas of the city. Kelham Gate provides first class accommodation with key features including a communal lobby, secure bike storage and an idyllic garden courtyard. The apartment offered for sale sits on the fourth floor and consists of a bright and airy open plan living area, high quality kitchen with integrated appliances, spacious double bedroom with floor to ceiling window, utility cupboard housing washing machine and a stylish fully tiled bathroom.

Kelham Gate is a welcomed addition to the Sheffield property market meeting the continuous demand for private rental accommodation in this thriving city. Sheffield has become increasingly popular with young professionals thanks to the success of extensive regeneration programmes over the last decade such as those brought to life under The Heart of the City project.

Kelham Island is one of the most sought-after locations to reside in the city, recently named as one of the coolest neighbourhoods in the world by TimeOut magazine. It’s home to a wide range of award-winning bars and restaurants and Kelham Island Museum meaning there is plenty on offer to see and do. It's also walking distance to the city centre and has excellent public transport links making it ideal for tenants and investors alike.

Sheffield is on of the top cities in the UK for investment potential offering attractive entry prices and fantastic value for money. The city has one of the best income-to-rent ratios meaning that there is good scope for rental increases in the future if wages rise, combined with relentless demand for property as Sheffield becomes an even more desirable place to live, work and visit.

Financial Breakdown

Gross Rent: £8,700.00
Net income: £6,673.00
Gross yield: 8.29%
Net yield: 6.36%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08137