This modern and stylish property is on the fourth floor of the luxurious eight storey Great Central development which is located within easy reach of Sheffield city centre. Great Central is made up of 131 elegant apartments finished to the highest standard and offers tenants the perfect accommodation for city living as there are plenty of local amenities, shops, bars and restaurants conveniently nearby. The apartment compromises of; one bedroom; one bathroom; a fitted kitchen and modern bathroom. Residents of the building also have access to private landscaped amenity space, secure bicycle storage and entry through the double-height main entrance with secure fob access. <br /><br />Sheffield is the perfect location for renters and commuters as it is easily connected with neighbouring cities thanks to the HS2 rail which runs from Birmingham, Manchester, Leeds and London, not to mention the development of the Northern Powerhouse Rail will cut journey times to Leeds and Manchester to under 30 minutes. Such plans will accelerate growth and regeneration of the city which will in turn drive people to the area and increase the demand for rental property. Property prices in Sheffield continue to increase in value which makes it an excellent place to invest, sold prices in Sheffield over the last year were 11% up on the previous year and 16% up on the 2019 peak of £200,960.<br /><br />There are plenty of exciting regeneration projects underway with the Heart of the City II project which has attracted big companies such as HSBC, CMS, and Radisson Blu and Swedish fashion brands Weekday and Monki. Another major project is underway at West Bar where £150 million has been invested to deliver offices, leisure and retail space and apartments and create up to 8000 jobs. Now is an excellent time to invest in property in Sheffield so enquire today to avoid disappointment.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £6,840 <br /> Ground rent: £150 <br /> Service charge: £722 <br /> Lettings fees: £616 <br /> Net income: £5,352 <br /> Gross yield: 4.89% <br /> Net yield: 3.82% <br /> <br /> 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.<br /><br /> <br /> <br /> yieldit ref: YL-17371