Prices: Β£93,499
Yield: 7.7%
Completion Date: Completed
Lease Length: 250 Years
Request further details
Brockwood Park apartments are close to selling out! With a mix of one-beds, two-beds and duplexes, this conversion offers buyers the chance to buy a high quality specification property for an extremely low price.
With only 2 units remaining, this period property turned modern complex offers a characterful choice for residents and a unique opportunity for investors.
Important Details:
The developer has carefully designed this conversion to make use of the fantastic large windows on offer, maximising light and open spaces, while adding modern appliances throughout.
With beautiful communal gardens and ample parking available, too, Brockwood Park is a high-demand property for both tenants and investors.
This development is located in the traditional suburban town of Woodhouse. Only a 15-minute drive and 10-minute train journey from Sheffield city centre. Brockwood offers buyers the chance to own high specification property at an affordable price close to the ever-growing capital of South Yorkshire. As well as having all the typical local amenities on its doorstep, Brockwood is situated close to the popular Crystal Peaks Shopping Centre and Drakehouse retail park which attracts over 11 million visitors a year.
Those who prefer outdoor spaces to retail therapy are also well served with ample outdoor space to choose from. A mere 5-minute walk from the development lies the beautiful Shire Brook Valley Nature Reserve which includes trails, brooks, lakes and wildlife, perfect for exploring after a hard day at work. If this was not enough, in less than a 5-minute drive, residents can get lost in the even larger Rother Valley Country Park, which includes 4 large lakes, Aqua Park, camping and a golf course.
Ever since Covid-19 and lockdown that came with it, outdoor space has become increasingly important. People have realised how vital it is to either have their own outdoor space or be close to parks and country reserves. Research shows that nearly 50% of renters are seeking homes closer to outdoor gardens. A further 89% of these renters also wanted to exercise outdoors. Unfortunately, city centres do not offer the same standard of outdoor space that suburban towns do. As a result, the demand for property in Sheffieldβs commuter belt has soared.
Ultimately, Brockwood offers residents a location with all the amenities they can expect from a large town: an extremely popular retail park and two nature reserves. It is easy to see why its surrounding areas have recently become so popular and why it will be a very strong investment for years to come.
Securing a mortgage is a huge financial commitment. Whether you are saving for your first investment or financial planning for your next, it is crucial that you calculate correctly. Use our mortgage calculator to help to determine what your monthly repayments will be. This way you can ensure that the rent earnt covers the repayments on your buy to let property.
Results
Mortgage Value -
Monthly Mortgage Repayment -
Use this calculator to determine the Stamp Duty Land Tax (SDLT) on your property investment. Stamp Duty is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price. However, it can change based upon the value of the property, the purchase date, and whether you are a first-time buyer or not. Also, a 2% surcharge is added to each of these rates for buyers who are non-UK residents.
Results
Stamp Duty To Pay: -
Effective Rate: -
Discover whether a property is worth investing in. Use our Rental Yield Calculator to work out the rental yields on your investment.
Result
Gross Yield: -
Sheffield City Guide
For investors looking to make a stable and lucrative buy-to-let investment, Sheffield is a fantastic opportunity. Read more about city growth, key investment locations, and regeneration plans for Sheffield, download the investment guide.
Take a lookAs Seen In
Join CityClub Today to Receive: