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Studio flat for sale
Newbank House, Silver Street, Sheffield S1
£36,000
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.