Studio for sale

Palatine Gardens, 16, Henry Street, Sheffield S3

Palatine Gardens, 16, Henry Street, Sheffield, S3 7Eq

This wonderful, spacious studio apartment comes fully furnished and is ideally suited for investors. Located within a high-specification development, the property offers both style and strong rental appeal.

Palatine Gardens is a contemporary residential development situated in Shalesmoor, one of Sheffield’s most vibrant and up-and-coming areas. It lies within walking distance of the city centre and the highly sought-after Kelham Island district. The development provides residents with high-end fixtures and furnishings, a beautifully maintained enclosed garden, and secure bicycle storage. Beyond its sleek, high-gloss white and grey interiors, Palatine Gardens also benefits from eco-friendly features designed to significantly reduce energy bills, helping to enhance long-term rental returns.

The surrounding area offers tenants a peaceful retreat from the hustle and bustle of the city centre while remaining conveniently close to local amenities. The nearby Supertram light railway stop provides excellent transport links across Sheffield, making commuting quick and easy. Sheffield continues to be one of the UK’s strongest buy-to-let locations, driven by its expanding industries and a growing population of young professionals seeking high-quality rental accommodation.

Sheffield’s rapidly growing economy is fuelling continued population growth, placing increasing pressure on the housing market. With both rental values and property prices forecast to rise significantly over the next five years, this represents an excellent opportunity to invest in a thriving and resilient city.

Financial Breakdown

Gross Rent: £7,800.00
Net income: £5,591.58
Gross yield: 11.14%
Net yield: 7.99%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07353