No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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From£272,000
Added > 14 days

2 bedroom apartment for sale

St. Marys Gate, Velocity Tower, S1
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Apartment
2 bed
1 bath
EPC rating: B*
825 sq ft / 77 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Basic 20Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Two Bed Apartment
  • Second Floor
  • 825 sqft
  • Investment Opportunity
  • £22,800 Estimated Annual Income
  • 7% Rental Yield Projected
  • Cash Buyers Only
  • Viewings Highly Recommended

*LUXURIOUS 2-BEDROOM APARTMENT FOR THE ASTUTE INVESTOR*

Nestled in a prime location, this exquisite 2-bedroom apartment offers a unique investment opportunity for discerning buyers. Situated on the second floor, this property showcases a meticulously designed living space spanning 825 square feet, epitomising urban sophistication and modern elegance.

Boasting two generously proportioned bedrooms, this apartment is strategically designed to cater to the needs of the modern urban dweller. The bedrooms provide a tranquil sanctuary, exuding comfort and convenience. Featuring ample natural light, the main bedroom is a tranquil haven perfect for relaxation and rejuvenation.

Investors will be pleased to learn that this property offers a lucrative investment potential with an estimated annual income of £22,800. Projected to achieve an exceptional rental yield of 7%, this apartment presents a rare opportunity for high returns. With cash buyers in mind, this property caters to investors seeking to maximise their portfolio through a strategic and enticing venture.

Impeccably presented, the apartment exudes a seamless fusion of style and functionality. The open-plan layout effortlessly connects the living, dining, and kitchen areas, creating a harmonious flow ideal for modern living. The sleek kitchen is a culinary masterpiece, featuring contemporary fixtures and high-end appliances that will delight aspiring chefs.

The property's enviable location offers residents convenient access to a plethora of amenities, including local shops, restaurants, and transport links. Situated in a vibrant neighbourhood, this apartment is perfect for professionals looking for a chic urban retreat or investors seeking a high-performing asset in a sought-after area.

In conclusion, this 2-bedroom apartment represents a rare opportunity for investors to acquire a premier property with immense potential. With its promising rental yield, elegant design, and prime location, this property is destined to attract savvy buyers keen on making a sound financial investment. Don't miss out on this exceptional chance to own a piece of urban luxury and secure your future with this unparalleled investment opportunity. Book your viewing today and be prepared to be captivated by the allure of this remarkable property.


EPC Rating: B

Rooms

Velocity Tower
An incredible development in a city which has been rated as one of the best investment cities in the UK. Now completed, this is an excellent opportunity to be earning rental returns almost immediately. In a city with an ever growing student population and a 42% graduate retention rate, rental demand will be high.

Investment Overview
Completed development – an excellent opportunity to earn immediate rental returns, average gross rental yields of 7%. A combination of studios, one and two bedroom apartments, multiple layouts and balcony options available. High demand amenities such as resident’s lounges and co-working space. Service charge is estimated to be £3.20 + £0.60 buildings insurance.

Location
Situated in the heart of Sheffield city centre, prime S1 location, just a 10-minute walk to the University of Sheffield and Sheffield Hallam University.

Property information from this agent

Places of interest

    Our Services Revilo Homes & Mortgages We're your one-stop shop for all your property requirements. We don't just offer a service to clients, we live and breathe property because not only are we estate agents, but we are also new house builders, residential and commercial landlords, mortgage brokers, insurance experts and we're also directly FCA regulated. Shouldn't that give you some peace of mind when interacting with us? We don't do gimmicks. It's strictly what you see is what you pay. We don't say there's no commission - and then charge you a big fat fee instead and we certainly don't offer loan agreements like Purple Bricks! We don't push you into decisions you're not ready for. What we do is offer you quality, and a range of services you simply will not find anywhere else'. It's property....but done right! In fact, we're not just enthusiastic about meeting our customer's needs, we're passionate about it. From your very first contact, you'll notice the Revilo difference. Nothing is too much trouble, no request too large - or small. If it's important to you, it's important to us and we will do our very best to demonstrate that at every opportunity. And this goes whether you're selling, buying, letting or renting, looking for a mortgage, or need the protection of insurance. Our Mortgage & Protection Services We believe everyone has the right to free independent mortgage and protection advice, whatever your circumstances. An independent mortgage advisory service from start to finish. While most mortgage brokers will charge you a hefty fee for using their service, we don't. Our service is funded mainly by mortgage lenders, so you can bid farewell to large advice fees. No obligation, just specialist advice on your mortgage and insurance needs. Whole of Market Comparison We compare 1000s of products to find the one best suited to your needs. Our advisors have access to hundreds of mortgage and insurance products across the whole market and, unlike online comparison sites, our advisors tailor your products to fit your personal circumstances. Best in Market & We Do ALL the Paperwork We will find you the best deal available for your current circumstance. Your personal mortgage advisor will complete all the relevant paperwork for you, liaising with solicitors, lenders and surveyors throughout the process to make sure your mortgage is put in place as smoothly as possible. What we can help with... First Time Buyer Re-mortgage Moving Home Buy to Let** Help to Buy New Builds Right to Buy Shared Equity (Personal & Business) Protection needs Home Insurance Life Assurance Critical Illness Income Protection *We may charge a fee for unregulated investment mortgages Revilo Investments... Revilo Investments help to source investment properties for all different types of strategies, for all different types of investors. We do this by removing the time-consuming effort of hunting and conducting due diligence for an individual property or a portfolio you are trying to grow. Not every property is an investment opportunity or creates a good rental yield or return on investment, however with Fixed Fees and no unexpected costs you will be in safe hands with us. We already boast a successful property portfolio of our own, making us the perfect 'one stop shop' for your hands off investments. Furthermore, we not only help to find property with great potential, but we can also help you renovate the property with our sister company, Revilo Developments. Help to fund the property with our own team of mortgage advisors, directly authorised by the FCA and CeMAP qualified, as well as finding you a tenant or offering a managed let with Revilo Homes & Mortgages. So, if you are wanting a hands-off, easy approach to property investments then sit back whilst we will provide all the documents and requirements you need all under one roof.

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    Property reference 7b0e2c29-e690-4bce-8a0a-059a6becbde4. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Revilo Homes - Rochdale.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on September 28, 2023

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on September 28, 2023

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on March 15, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.