Studio flat for sale

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Studio flat for sale

Newbank House, Silver Street, Sheffield S1
£36,000

Price History

Initial price £40,000
23/04/25 £36,000
Price Change -10.00%

Description

This is an excellent investment opportunity for a premium studio apartment in Sheffield, offering a lucrative 9.98% net return. The property is part of the Newbank House development, a fully-managed and hands-off investment with inclusive bills and free WiFi for residents. The apartment is located near the University of Sheffield and Sheffield Hallam, as well as the city center, making it an attractive option for students and working professionals. The property features a spacious studio with a fitted kitchenette, dedicated study area, and access to top-of-the-line communal facilities including a gym, laundry, entertainment room, and games room. With a gross yield of 21.67% and net yield of 9.89%, this investment has the potential to generate significant returns.