11:32 AM, 3rd March 2015, About 7 years ago
This fantastic new investment opportunity, designed by an award winning architect, is situated in a city voted top for buy to let returns.
Located within walking distance to Sheffield city centre and next to one of the city’s Supertram stations, these modern apartments are perfect for working professionals and students alike. The close proximity to the University of Sheffield and Sheffield Hallam University, which boast over 57,000 students, means that rental demand in the area is incredibly high.
Not only is Sheffield attracting high returns, Savills has also predicted the region to experience capital growth of 20% over the next 5 years, highlighting that now is certainly the time to invest in the area. The housing market in Sheffield has experienced a fantastic recovery and grew by 8% in 2014 alone, and this success is set to continue.
With extremely low running costs, these apartments are generating yields up to 8.5% and a return on cash of up to 17.8% when purchasing with a mortgage, making an excellent buy to let investment.
Prices from just £63,500
Key Investment Highlights
• Yields up to 8.5%
• Close to Sheffield University
• Next to Infirmary Road Supertram station
• A return on cash invested of up to 17.8%
• 1 mile to Sheffield city centre
• Very low running costs
• Designed by an award winning architect
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