Property description
LUXURY 1 BEDROOM NEW BUILD APARTMENT IN CITY CENTRE.
Kelham Works is designed to appeal to investors who are looking to purchase high yield buy-to-let property in Sheffield city centre. For investors, the Kelham Works development offers a generous 9% net return for the first three years. With a gymnasium, roof top terrace, games room and many more facilities, Kelham Works has everything a tenant will require.
Kelham Works - Investment Highlights
9% net rental return for three years
Located in the hugely popular Kelham Island region of Sheffield city centre, offering potential for strong and consistent capital appreciation year on year.
Prices from just £69,950.00
Zero administration fee on all purchases
5% Projected annual growth per annum
Key to the appeal of Kelham Island is its close proximity to both the city's commercial centre and universities, both of which are within 5 minutes on the new tram line, which now stops in Kelham Island itself. Many young professionals and more affluent students are now looking for property to rent in Kelham Island, as it offers close proximity within a more relaxed environment.
Built on a relatively small island, the area is ultimately restricted on the amount of future development which can be undertaken. We feel that within 5 years, Kelham Island will become the destination of choice for young professionals looking for accommodation in Sheffield city centre. As such, the new development at Kelham Works offers not only a high guaranteed yield for the investor, but also the potential for considerable capital appreciation in the short to medium term.
A recent Knight Frank survey stated that an average of five tenants applied for each new rental property in Sheffield city centre, and with an average of 17,000 students graduating in the city every year, this increased demand for new 'micro-apartments' in Sheffield shows no signs of slowing.
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Property Features :
- 9% NET RETURN
- LUXURY 1 BEDROOM APARTMENTS
- BUY BACK OPTION OF 125% IN YEAR 5
- CITY CENTRE LOCATION
- 5% PROJECTED CAPITAL GROWTH PER YEAR