LPC Invest - Keppel Wharf
Market Street, Salford, S60 1NU
Keppel Wharf is a development of 1 & 2-bedroom apartments in Rotherham, South Yorkshire. LPC Invest have 1-beds ranging from between £90-£100K and incredible 2-bedroom / 2-bathroom duplexes with large terraces overlooking the River Don ranging from £115-£132K. The apartments are available with a furniture package and a lettings package making them an attractive turnkey investment.Keppel Wharf Key Points
- Only £2,000 reservation deposit.
- Selection of 1-bed and 2-bedroom apartments.
- Duplex apartments available with river views.
- Prices from as little as £90,000.
- Newly completed.
- Now being tenanted with full furniture and lettings package available.
- 5.4 – 6.2% yield p.a.
- £200 p.a ground rent
- £1000 – £1,400 service charge
- 150 yr lease
Rotherham’s proximity to Sheffield means it is benefitting from substantial inward investment to the Steel City-Sheffield’s nickname for its history of Steel production. The Advanced Manufacturing Park off junction 33 of the M1 (6 miles to the south) has recently attracted high profile inward investment from international companies such as Boeing, Rolls Royce, and McLaren and a result, many people are looking at Rotherham as a rental option whilst working and living in the area.
Rotherham’s is experiencing a buoyant rental market which coupled with limited supply of good quality stock means rents have increased considerably over the last two years. Keppel Wharf is currently an ideal buy-to-let investment with a readymade waiting rental audience.
Rotherham has benefited from significant increases in property values over the last 12 months, with an increase of 14% between 2020-21. A point worth noting is that 38% of Rotherham’s working population travel outside of the borough for work, meaning that its proximity to Sheffield makes it an ideal location for renters.
The scheme is located at the heart of a £13m regeneration zone known as Forge Island, just 8.2 miles from Sheffield city centre and overlooking the river Don, the development is within walking distance of all local amenities.