Just on today with Reed Rains.
Located in the very popular development City Point or Velocity Village as some call it, this is certainly an investment to be had.
For sale at only £90,000 I expect this property not to be on the market for long! Achieving the highest rents in the City Centre, a 1 bedroom apartment in Velocity Village achieves anywhere up to £585pcm dependent on size.
If bought for asking price, the yield would be a very desirable 7.7%, now that’s not something to turn your nose up at!
The properties in City Point are fairly easy to maintain, the management company are reliable and the building is well looked after.
If you are looking to invest money into property in Sheffield, City Point is definitely a building worth considering!
The Sheffield Property Blog 