Located in the town centre of Rotherham – featured as one of The Telegraph’s top 10 places to invest and This is Money’s top 10 UK property hotspots – these fantastic 1- & 2-bed recently converted apartments provide an excellent location at a low price point for investors.
Offering stunning views across Cathedral Court, the sympathetically restored apartments have a low price point, are already tenanted and are producing high yields (up to 8.1% net), making them a perfect investment.
The development is situated in the town centre, with all shops, bars restaurants on the doorstep, and just a short walk away from the the main train & bus station as well as a host of fantastic amenities.
According to Zoopla, Rotherham’s house prices have seen a 20% growth in the last 5 years and data from PropertyData shows these apartments returning a yield 1% higher than the area average.
Popular with young skilled professionals, there is a huge amount of innovative industry right on Rotherham’s doorstep, with the world-class Advanced Manufacturing Park, home to industry giants like Boeing, Rolls Royce and McLaren, just a ten-minute drive away.
More than 9,000 jobs have been created in the town in the last decade, with almost £500 million of investment in the past decade. It is just 14 minutes by train to Sheffield, where 30% of its population is employed.
With an outstanding low price point and income produced immediately, this makes for a fantastic addition to any investment portfolio. Contact one of our consultants today for more information about this deal.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.