£168,000

1 bed flat for sale

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New home
Leasehold

From

£168,000

1 bed flat for sale

St. Marys Gate, Sheffield S1

1 bed

Key Information

Tenure:
Leasehold
Time remaining on lease:
996 years
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Springfield Primary School 0.4 miles
  • Sharrow Nursery, Infant and Junior School 0.5 miles
  • Sheffield 0.7 miles
  • Darnall 2.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Sheffield to find out more about the local area.

Features and description

  • Leasehold
  • Attention Investors - Completed Development With Immediate Rental Returns
  • Availability - Studios, One & Two Bedroom Apartments
  • Gross Rental Yield - Average Of 7%
  • Capital Growth - 20% Forecasted Over 5 Years
  • Long Lease - 997 Years Remaining
  • Amenities - Residents Lounge, Co-Working Space And 24/7 Concierge
  • Sought After Location - 10-Minute Walk To The Universities & Hospitals
  • Ready To Move Into - Integrated Appliances Included, Furniture Packs Available
  • Parking Spaces Available To Purchase
  • Show Apartment Available To View - Open Day 6th July 9am - 2pm
Viewing availability - Saturday 6th July 9am - 2pm - by appointment

Introducing our latest development in the heart of Sheffield - Velocity Tower, offering an exceptional investment opportunity with a starting price of just £168,000.

Purchasing an apartment at this now complete development allows you to earn immediate rental returns, with the building forecast for 20% capital growth over the next five years. This property boasts an impressive average gross rental yield of 7%.

This 21-storey building is set to become the new go-to destination in Sheffield. It features 169 professionally snagged apartments with a combination of studios, one-bed, and two-bed units available. Each apartment comes complete with flooring, integrated appliances, and various layouts to choose from, with some units offering balconies. Enjoy the abundance of natural light through floor-to-ceiling windows and secure living with a fob entry system and 24/7 concierge service.

Residents will benefit from excellent on-site amenities, including a residents' lounge and co-working space. Parking spaces are available for purchase at an additional cost.

Situated in Sheffield city centre, this prime location is just a 10-minute walk to universities, hospitals, and the vibrant city centre, with the amenities of Ecclesall Road right on your doorstep. This development is perfect for homeowners and investors alike, although please note that due to the development now being fully complete, only cash buyers are eligible.

Our dedicated rental department is on hand to assist with rentals, ensuring a seamless investment experience. Don't miss out on this outstanding opportunity to invest in Sheffield's premier new destination.

Studio Apartments - Prices from £168,000

One Bedroom Apartments - Prices from £174,000

Two Bedroom Apartments - Prices from £274,000

Floor plans and tours

Floor plans (7)

Floor plan 1
Floor plan 2

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Listed by

Redbrik Estate Agents - West Sheffield

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  2. New homes for sale
  3. South Yorkshire
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  5. Sheffield City Centre
  6. St. Marys Gate

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