Sheffield – New Bank & Sovereign House

Project Details: [SOLD]

 

New Bank House and Sovereign House
Sheffield
Purchased October 2010
Purchase price £2,520,000
Rental income (net) £453,000 p.a.
Sold January 2011
Sale price 3,900,000
Overall ROI 140.9%
The tenants of both buildings were consolidated into one and then both were sold. After sale, the empty property was converted into student accommodation.

Name:
New Bank House and Sovereign House,
Sheffield

Purchased:
October 2010

Sold:
January 20211