Explore an exclusive investment opportunity at I Quarter Riverside, a 17-storey glass tower in Sheffield's city centre. The developer is offering 31 completed and fully tenanted apartments, including studios, one-bedroom, and two-bedroom units, with prices starting from £98,800.
Key Features:
- Mix of Studios, 1 and 2-bedroom apartments
- Projected up to 10% net yields on short-term lets
- Up to 8% gross yields on long-term lets
- Located in Sheffield City Centre
- Immediate income - All units are tenanted
- 15%-20% below market comparables
Sheffield's strong economy, ambitious growth plans, and thriving business landscape make it a compelling investment choice. The city's connectivity is set to improve with HS2 and Northern Powerhouse Rail, enhancing its appeal to investors. Seize this opportunity to invest in I Quarter Riverside and be part of Sheffield's transformation. Submit your enquiry now.
Buying options:
- Mortgage Finance is available
- £5,000 Reservation fee, simultaneous exchange and completion (less reservation fee) in 28 days.
In all options, you can move to Short Term Lets once the current tenancy is ended.
Project Details:
- Complete and Immediately Income Produce
- Short Term Lets Allowed
- Heart of Sheffield City Centre
- Ready Tenanted Investment
- High Specification
- 17 Storeys
Sheffield, renowned for its steel and economic prowess, is experiencing a surge in growth and prosperity. With a GVA of £11.3 billion and ambitious plans for economic expansion, the city is set to generate 70,000 new private sector jobs and welcome thousands of new businesses. Embracing its status as the fourth-largest city in the UK, Sheffield is a hub of youth and talent, fueled by its two prestigious universities. Boasting a 42% graduate retention rate, the city attracts young professionals and students, contributing to its thriving business landscape.
The Sheffield City Region investment deal, bringing in £1.3 billion for the local economy, has attracted major businesses like HSBC, Toshiba, Rolls Royce, and Boeing. With 40,000 new homes needed by 2038 and rapid rental demand driven by a growing population, Sheffield presents an opportune moment for property investors. Connectivity is rising, with Sheffield benefiting from both HS2 and Northern Powerhouse Rail. The arrival of these projects will significantly reduce travel times to London, Manchester, and Leeds, further enhancing Sheffield's appeal.
Magnate Assets has negotiated incentives and discounts, only available for clients who register with us, who are then connected directly to the developer's representative.
