Studio for sale

£59,950 From

Eyre Street, Sheffield S1

Studio for sale 1 1
Interested in this property? Call +44 1952 476548 * or Request Details

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Property features

  • Buy-to-let investment opportunity
  • 8% Assured Net Rental Yields
  • Student Studios From £49,950
  • Fully Managed

Property description

Detailed Description

Sheffield | student investment accommodation

Excellent investment opportunity to purchase purpose built student Studio/Apartment from a choice of developments within Sheffield. This is a unique investment opportunity for investors seeking high returns, 8% Assured Net Rental Yields.
Private student accommodation continues to outperform all other forms of property investment in the UK. With low entry prices, stable returns and low void periods, it's one of the most lucrative ways to expand your portfolio. Plus, there is zero stamp duty payable on all student properties. Demand for high-quality student accommodation is increasing exponentially.

Over 63,000 students choose to study in Sheffield every year, including more than 7,000 international students (rated number 3 for experience), making the city a prime site for investment in the provision of high-end student accommodation.

Property value data/graphs for S1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £209,443 - 2.7 -
Semi-detached £159,100 - 3.0 -
Terraced £108,285 £103 3.1 £127,483
Flats £132,576 £214 1.6 £124,840

Current asking prices in S1

Average: £106,571
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £120,000
(1)
£160,000
(1)
- - -
Flats £96,276
(72)
£158,004
(32)
- - -
All £96,601
(73)
£158,065
(33)
- - -

Current asking rents in S1

Average: £869 pcm
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £717 pcm
(12)
- £1,118 pcm
(1)
- -
Flats £569 pcm
(71)
£987 pcm
(54)
£1,360 pcm
(22)
£1,523 pcm
(15)
£1,172 pcm
(9)
All £590 pcm
(83)
£987 pcm
(54)
£1,349 pcm
(23)
£1,523 pcm
(15)
£1,172 pcm
(9)

Fun facts for S1

Highest value in S1
Highest value streets Zed-Index
Regent Street £226,790
Westfield Terrace £192,614
Holly Street £184,121
Orchard Lane £179,694
Eldon Street £171,620
Highest turnover in S1
Highest turnover streets Turnover
Eyre Lane 33.3%
St. Pauls Parade 30.3%
St. Pauls Square 28.6%
Holly Street 28.0%
Brown Lane 25.0%
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For more information about this property, please contact
Nu:Move International, TF2 on +44 1952 476548 * (local rate)

Monthly running costs Beta

£407 Monthly total

Energy

Gas £20 Electricity £27 Estimated energy cost £47/mo

Similar properties could save up to £166

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sheffield

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nu:Move International, and do not constitute property particulars. Please contact Nu:Move International for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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