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Velocity Tower - St Mary's Gate, Sheffield S1

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
  • Show Apartment Available To View - Open Day 6th July 9am - 2pm

Description

Viewing availability - Saturday 6th July 9am - 2pm - by appointment

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 £174,000

Two Bedroom Apartments - Prices from £274,000

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Velocity Tower - St Mary's Gate, Sheffield S1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • West Street Tram Stop0.5 miles
  • University of Sheffield Tram Stop0.5 miles
  • City Hall Tram Stop0.6 miles
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About the agent

Redbrik, Sheffield New Homes

837 Ecclesall Road Sheffield S11 8TH

Redbrik, Sheffield New Homes
Your Place For Property...

Whether you're buying, selling, renting, or letting, we're on hand to support you every step of the way. We have a team of specialists in sales, lettings, and new homes, with Redbrik offices across both Sheffield and Chesterfield, so the person you need will always be close by.

In just ten years our incredible team have successfully completed over 9,000 sales and have become the trusted advisor for all things property.

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Disclaimer - Property reference ecea9e7c-0b94-495b-a06d-1f858f643dd4. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Redbrik, Sheffield New Homes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

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