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Prices: £72,950
Yield: 8%
Completion Date: Q1 2023
Lease Length: 250
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Clifton Park View is a brand new, high specification development at the heart of Rotherham. The 26 spacious apartments are designed to an excellent specification, which is not often seen in the area. The light and airy apartments comprise a neutral colour palette, ideal for residents wishing to add their splash of personality to the space. The large windows allow for ample natural light in all rooms in Clifton Park View apartments. Therefore, making home-living and working more comfortable and enjoyable. Furthermore, the rooms are well proportioned and spacious. This factor is becoming increasingly important to tenants when choosing a rental property. The minimal but functional kitchens offer residents the perfect space to spend the evenings relaxing. Investors do not need to worry about additional costs because appliances are included in each apartment.
Important Details:
Clifton Park View is excellently located, in the centre of the large town of Rotherham. The development is close to all local amenities. It lies close to large green spaces and the train station. Therefore, the property benefits from a thriving rental market. Being in the heart of this booming market means residents are only a short walk away from work.
Furthermore, professionals working outside Rotherham can walk to the train station and tram stop in around 5 minutes. From there, regular services transport commuters into Sheffield city centre and beyond. Furthermore, Clifton Park View is positioned almost directly across the road from the University Centre Rotherham and Rotherham’s Medical Village. Therefore, the location represents a sure source of tenant demand. Especially from professionals wanting to live, work and study in the same area. Developments close to hospitals or medical centres traditionally have very low void periods. Primarily, this is due to the constant stream of nurses and medical students looking for good quality rental properties nearby.
Residents wanting easy access to outdoor space will be pleasantly surprised with what is accessible in the surrounding area. Lying on the edge of the Peak District, Rotherham benefits from some of the UK’s most beautiful countryside with ample to do and see. Additionally, Clifton Park is only a 5-minute walk from the development. Great for those wanting green spaces within walking distance. Residents are truly spoilt for choice. With large open areas, memorial gardens, sports and leisure facilities and even a museum nearby.
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