AG1, Furnival Street, Sheffield City Centre S1 with 7.4% Yield
Situated in one of the city centre’s more popular developments, I would consider this property as a very straight-forward buy-to-let investment.
The property itself is a larger than average studio. It benefits from having a Juliet balcony and is very modern in appearance.
In terms of the location, AG1 is situated on Furnival Street, which is just off Arundel Gate. It appeals to students of both universities and also appeals to professionals working in the city centre or whom want to be close to the train station for their commute.
The description states this property has a rental yield of 7.4%, which would suggest this property achieves £495pcm, which is about the going rate for properties in this development.
Inevitably, there will be a service charge and ground to consider, as is the case with all developments in the city centre.
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