For Sale
Belgrave
From £150,000
6% NET Rental Yields
For Sale
Belgrave
From £150,000
6% NET Rental Yields
Overview
Specification
Location Overview
Belgrave is a new apartment building in the heart of Sheffield city centre. The conversion of a former office block on Bank Street will deliver 108 studio, one and two-bedroom apartments across seven storeys, with completion expected in June 2027 and works already at an advanced stage.
The scheme has full residential planning, so apartments can be owner-occupied, let on long-term tenancies or operated as short-term lets. That flexibility gives investors a choice of strategy, from a straightforward buy-to-let to a serviced model in one of the UK's busiest regional city centres.
Sheffield is in the middle of a major regeneration. The £470 million Heart of the City programme is adding new public spaces, food halls, major brands, nightlife and homes, and Cambridge Street Collective is now Europe's largest purpose-built food hall. More than 60,000 students attend the city's two universities, and a strong base of employers, from FTSE-listed SIG and Henry Boot to Irwin Mitchell, Twinkl, Sumo Digital, Gripple and Plusnet, keeps demand for quality city-centre rentals high.
Apartments are sold on a 999-year lease with no ground rent and an estimated service charge of around £800 per year. The developer is offering a 6% NET rental assurance for the first year, with NET yields of over 8% achievable thereafter based on current rental estimates.
Belgrave is being delivered by DBG, a family-run developer established more than 11 years ago that has completed over 30 projects and created more than 200 new homes, and is covered by a 10-year Advantage build warranty.
Belgrave is a new apartment building in the heart of Sheffield city centre. The conversion of a former office block on Bank Street will deliver 108 studio, one and two-bedroom apartments across seven storeys, with completion expected in June 2027 and works already at an advanced stage.
The scheme has full residential planning, so apartments can be owner-occupied, let on long-term tenancies or operated as short-term lets. That flexibility gives investors a choice of strategy, from a straightforward buy-to-let to a serviced model in one of the UK's busiest regional city centres.
Sheffield is in the middle of a major regeneration. The £470 million Heart of the City programme is adding new public spaces, food halls, major brands, nightlife and homes, and Cambridge Street Collective is now Europe's largest purpose-built food hall. More than 60,000 students attend the city's two universities, and a strong base of employers, from FTSE-listed SIG and Henry Boot to Irwin Mitchell, Twinkl, Sumo Digital, Gripple and Plusnet, keeps demand for quality city-centre rentals high.
Apartments are sold on a 999-year lease with no ground rent and an estimated service charge of around £800 per year. The developer is offering a 6% NET rental assurance for the first year, with NET yields of over 8% achievable thereafter based on current rental estimates.
Belgrave is being delivered by DBG, a family-run developer established more than 11 years ago that has completed over 30 projects and created more than 200 new homes, and is covered by a 10-year Advantage build warranty.
Specification
Belgrave is a new apartment building in the heart of Sheffield city centre. The conversion of a former office block on Bank Street will deliver 108 studio, one and two-bedroom apartments across seven storeys, with completion expected in June 2027 and works already at an advanced stage.
The scheme has full residential planning, so apartments can be owner-occupied, let on long-term tenancies or operated as short-term lets. That flexibility gives investors a choice of strategy, from a straightforward buy-to-let to a serviced model in one of the UK's busiest regional city centres.
Sheffield is in the middle of a major regeneration. The £470 million Heart of the City programme is adding new public spaces, food halls, major brands, nightlife and homes, and Cambridge Street Collective is now Europe's largest purpose-built food hall. More than 60,000 students attend the city's two universities, and a strong base of employers, from FTSE-listed SIG and Henry Boot to Irwin Mitchell, Twinkl, Sumo Digital, Gripple and Plusnet, keeps demand for quality city-centre rentals high.
Apartments are sold on a 999-year lease with no ground rent and an estimated service charge of around £800 per year. The developer is offering a 6% NET rental assurance for the first year, with NET yields of over 8% achievable thereafter based on current rental estimates.
Belgrave is being delivered by DBG, a family-run developer established more than 11 years ago that has completed over 30 projects and created more than 200 new homes, and is covered by a 10-year Advantage build warranty.
Location Overview
Overview
Belgrave is a new apartment building in the heart of Sheffield city centre. The conversion of a former office block on Bank Street will deliver 108 studio, one and two-bedroom apartments across seven storeys, with completion expected in June 2027 and works already at an advanced stage.
The scheme has full residential planning, so apartments can be owner-occupied, let on long-term tenancies or operated as short-term lets. That flexibility gives investors a choice of strategy, from a straightforward buy-to-let to a serviced model in one of the UK's busiest regional city centres.
Sheffield is in the middle of a major regeneration. The £470 million Heart of the City programme is adding new public spaces, food halls, major brands, nightlife and homes, and Cambridge Street Collective is now Europe's largest purpose-built food hall. More than 60,000 students attend the city's two universities, and a strong base of employers, from FTSE-listed SIG and Henry Boot to Irwin Mitchell, Twinkl, Sumo Digital, Gripple and Plusnet, keeps demand for quality city-centre rentals high.
Apartments are sold on a 999-year lease with no ground rent and an estimated service charge of around £800 per year. The developer is offering a 6% NET rental assurance for the first year, with NET yields of over 8% achievable thereafter based on current rental estimates.
Belgrave is being delivered by DBG, a family-run developer established more than 11 years ago that has completed over 30 projects and created more than 200 new homes, and is covered by a 10-year Advantage build warranty.
Investment Highlights
Investment Highlights
• 108-apartment development in Sheffield city centre • Studios, one and two-bedroom apartments • Prices from £150,000 • 6% NET rental assurance for the first year • Over 8% NET yields achievable • Full residential planning: owner-occupiers, long-term lets or short-term lets • Estimated rents: studios £750 pcm, one-beds £825 pcm, two-beds £950 pcm • Estimated short-let nightly rates: studios £70, one-beds £80, two-beds £90 • 999-year lease, no ground rent • Service charge approx. £800 per year • Expected completion June 2027, works at an advanced stage • 10-year Advantage build warranty • Reservation deposit £5,000, 25% on exchange, balance on completion
From £150,000
From £150,000
From £150,000
6% NET Rental Yields
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