1 bedroom apartment for sale

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1 bedroom apartment for sale

Palatine Gardens, 18 Henry Street Sheffield S3 7ER
£100,000

Price History

Initial price £110,000
06/08/24 £105,000
20/09/24 £100,000
Price Change -9.09%

Description

This one-bedroom apartment at Palatine Gardens Phase 2 is an excellent investment opportunity, already tenanted and generating an instant income. The property features a modern design with high-end fixtures and furnishings, an enclosed garden, and secure bicycle storage. Located in the trendy Shalesmoor area of Sheffield, just a short walk from the city centre and Kelham Island, the apartment benefits from being close to local amenities and transportation links. The area is experiencing rapid population growth, driven by Sheffield's growing economy, making it an attractive location for investment. The property is expected to generate a gross yield of 8.7% and a net yield of 6.76%, making it a solid investment opportunity for those looking to capitalize on the city's growth.