For Sale17 Bedroom Block of Apartments in Gell Street, Sheffield, S3 7QW£1,100,000
Property Type
Block of Apartments
Bedrooms
× 17
Bathrooms
× 6
Receptions
× 3
Tenure
Freehold
Price
£1,100,000
Key Features
- Investment Opportunity
- Block Of Apartments
- Instant Income
- Three Self Contained Flats
- Equipped Kitchens
- Fantastic Student Location
Resources
Description
Exceptional High-Yield Student Investment – Fully Let Modern Block in Prime Sheffield Location An outstanding investment opportunity to acquire a fully let, high-spec modern block of flats, ideally situated within walking distance of Sheffield's city centre and both major universities. This is a true turn-key property, generating strong cash flow and delivering an impressive projected yield of approximately 9% – significantly above the local average. The Property This purpose-built block has been designed with the student rental market in mind and finished to an exceptional standard throughout, including granite worktops and premium-quality fixtures. The accommodation comprises: · One 5-bedroom flat · Two 6-bedroom flats Each flat is generously proportioned and attractively presented, ensuring strong tenant appeal and minimal void periods. Current Tenancies (Academic Year 2024–2025) All units are fully let until June 2025, with the following annual rental income (inclusive of bills): · 5-bed flat: £27,300 · 6-bed flat 1: £32,760 · 6-bed flat 2: £32,760 Total: £92,820 Next Academic Year (2025–2026) · 5-bed flat: Already let at £29,120 · One 6-bed flat: Already let at £34,944 · One 6-bed flat: Available, with expected rent of £34,944 Projected total rental income: £99,008 (inclusive of bills) Key Highlights · Superb central location with strong student demand · High-spec fit-out throughout · Fully let for current academic year · Projected yield of approx. 9% · Hassle-free, cash-flowing asset This is an ideal hands-off investment for buyers seeking a fully operational, income-producing property in one of the UK’s most resilient student markets. Don’t miss out – investment opportunities of this calibre in Sheffield are rarely available. Enquire today to arrange a viewing.