Several months after investment firm Modernistiq Developments acquired three mixed use buildings in Rotherham Town Centre, they are now launching the sales phase for the residential apartments. As part of their investment, Modernistiq Developments purchased 61 tenanted apartments and have since been able to renew many of the tenancies at market rents and are now planning on the installation of a resident’s gym within one of the buildings to support both the demand and level of rents for the apartments.
Jordan Yorath, Director of Yorath Property Group is one of the agents selected by the developer to sell the apartments with prices starting from less than £60,000. Jordan commented “The portfolio includes very attractive apartments across three buildings in the town centre, directly opposite a major mixed use development, Forge Island, which is to include a cinema and other leisure facilities, so the apartments will without doubt continue to be popular and enjoy high occupancy levels for the foreseeable future.”
Prices start from £57,500 for a studio with net yields for investors of over 7%. To contact Yorath Property Group email email@example.com
or visit www.yorathpropertygroup.com