Kelham Gate Sheffield
- Buy to Let
- One Bedroom Apartments from £116,500
- 250 Years lease
- Management Company in place
Kelham Gate is a fantastic new addition to Sheffield – one of the UK’s fastest growing and most exciting cities. This new build comprises of 49 stunning apartments and is located at the entrance of one of Sheffield’s most sought after areas, Kelham Island. The development is inspired by Kelham Island district’s culture and will be a welcome addition to the Sheffield property market. Some of the key development features include a communal lobby for residents to use, bike storage for residents who frequently cycle and an idyllic garden courtyard.
Kelham Gate will only add to the already impressive Sheffield property market and will answer the ever-growing need for private rental property in the city. The development is a perfect opportunity for potential investors, with Sheffield being one of the most popular cities in the country. Kelham Gate is at the entrance to the Kelham Island area and is just over 2 miles away from Sheffield city centre. This incredible location makes it extremely attractive to tenants and offers a perfect investment opportunity.
Sheffield is England’s fourth-largest city and is an exciting and modern place with a population of over 560,000. It is one of the UK’s most popular destinations for students, playing host to over 60,000 domestic and overseas students, a high proportion of whom choose to stay, or return and settle in the city. Sheffield has an international reputation for steel making. It was this industry that established it as one England’s main industrial cities during the 18th, 19th and 20th centuries. This industry used Sheffield’s unique combination of local iron, coal and water power supplied by the local rivers.
The steel industry now concentrates on more specialist steel-making and currently produces more steel per year by value than at any other time in its history. The industry has become highly automated and employs far fewer staff than in the past. Around 240,000 people work in Sheffield in approximately 20,000 businesses. Sheffield has a thriving commercial centre with branches of some of the world’s most famous organisation located in the city (including IBM, Rolls Royce and Boeing). The largest employers are now all public sector: the two universities, NHS, and national and local government employees. Private fee-paying international students are also a major source (£120m per year) of income to the local economy through the universities.