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VELOCITY TOWER, St Mary's Gate, Sheffield, S1 4LR

£156,495Leasehold

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:998 years
Council tax band:Not available
Broadband:up to 20Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Studio, 1 and 2-beds available
169 Premium Apartments
21 Storey Tower
Starting price: GBP £156,495
Completion: Q1 2024
Service Charge: £3.42 PSQFT per year (inclusive of buildings insurance)
Leasehold: 999 years
Predicted 6.4% - 7.2% gross yield
Amenity rich development including residents lounge, private meeting rooms and co-working spaces
University city with 60,000 students

Description

Velocity Tower was acquired with a vision to elevate the standard of urban living in Sheffield. With its premium location next to the inner ring road in Sheffield City centre, Velocity Tower has undergone an extensive refurbishment process and revision of its management process, re-positioning Velocity Tower as a residential hotspot within the city. In one of the most sought after addresses in Sheffield, Velocity Tower provides easy access to the city's commodities, including shopping centres, dining venues, transportation, universities and city parks.

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UTC Sheffield City Centre
(0.41 miles)
Good
Number of pupils: 500
Age Range: 13 - 19
Springfield Primary School
(0.43 miles)
Good
Number of pupils: 216
Age Range: 3 - 11
Porter Croft Church of England Primary Academy
(0.5 miles)
Outstanding
Number of pupils: 216
Age Range: 4 - 11
Sharrow Nursery, Infant and Junior School
(0.52 miles)
Good
Number of pupils: 489
Age Range: 2 - 11
Lowfield Community Primary School
(0.7 miles)
Good
Number of pupils: 363
Age Range: 5 - 11
King Edward VII School
(0.76 miles)
Good
Number of pupils: 1721
Age Range: 11 - 18
Branwood Specialist School
(0.76 miles)
Good
Number of pupils: 49
Age Range: 7 - 19
Seven Hills School
(0.8 miles)
Outstanding
Number of pupils: 183
Age Range: 11 - 19
All Saints' Catholic High School
(0.8 miles)
Good
Number of pupils: 1434
Age Range: 11 - 18
Broomhill Infant School
(0.82 miles)
Outstanding
Number of pupils: 118
Age Range: 4 - 7

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£823 /mo.25 Years, 5% Interest
Loan
£140,846
Total Repay
£247,011

Stamp Duty

You’ll have to pay the stamp duty of:
£0
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