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To book a viewing for this property, please call Redbrik - Land & New Homes, on 0114 299 4144.

To book a viewing for this property, please call Redbrik - Land & New Homes, on 0114 299 4144.

For Sale
£168,000 Prices From

1 Bedroom Apartment, Velocity Tower - St Mary's Gate, Sheffield S1

Velocity Tower - St Mary's Gate, Sheffield S1


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Redbrik - Land & New Homes

Redbrik Estate Agents, 4th Floor, Blenheim Reach, Sheffield

Description

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 £189,000

Two Bedroom Apartments - Prices from £274,000

Virtual Tour


Key Features

  • 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
  • Apartments Available To View

Property Details

  • Property type: Apartment
  • Property Age Bracket: New Build
  • Council Tax Band: TBD
  • Tenure: Leasehold
  • Lease Expiry: 30/05/3020
  • Ground Rent: £0.00 per month
  • Service Charge: Not Specified
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Location

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Disclaimer - Property ID fbd4bc23-bfeb-462a-a46a-bade19965d19. The information displayed about this property comprises a property advertisement. Street.co.uk and Redbrik - Land & New Homes makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.