CASH BUYERS ONLY - Palatine Gardens is a new residential development situated in Shalesmoor, a trendy area of Sheffield within walking distance of the city centre and the popular area of Kelham Island. The apartments at Palatine Gardens will provide residents with high-end fixtures and furnishings, whilst including a stunning enclosed garden and secure bicycle storage. Furthermore, despite its sublime high gloss, high tech white and grey interiors, Palatine’s beauty is more than skin deep with it’s eco-friendly bills promising significantly reduced energy bills and a subsequent enhancement of rental income.<br /><br />The local area is a peaceful retreat for tenants away from the hustle and bustle of the city centre, but still within easy walking distance. In addition, the local Supertram light railway stop will allow residents to traverse Sheffield with ease. Sheffield itself is one of the UK’s buy-to-let hotspots thanks to its mix of emerging industries and a high proportion of its population being the sort of skilled young professionals who are desperate to live in high quality rental apartments.<br /><br />Feature Summary <br /><br />Built in storage wall<br />Built in wardrobes<br />High tech / high gloss kitchens that are easy to use and clean<br />Luxury bathrooms<br />Open plan living ideal for post-grad students couples or anyone wanting their own space<br />Mood lighting<br />Central garden<br />Eco-friendly / low energy design<br />Bin / bike stores<br /><br /><br />The apartment itself is brand new and comes fully furnished. Enquire today for more information on this fantastic investment opportunity.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £6,600 <br /> Ground rent: £275 <br /> Service charge: £720 <br /> Lettings fees: £660 <br /> Net income: £4,945 <br /> Gross yield: 9.18% <br /> Net yield: 6.88% <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-11602