Sheffield – Telephone House

Project Details: [SOLD]

 

Telephone House
Sheffield
Built 1972
No. floors 15
Main Tenant BT
Purchased October 2011
Purchase price £6,925,160
Rental income (net) £960,000 p.a.
Sold Tower March 2014, Car Park November 2015
Sale price £8,140,750
Overall ROI 118.5%
When built it was one of the highest buildings in Sheffield. After sale, it was converted into student accommodation and a sixteenth floor of penthouses was added.

Name:
Telephone House,
Sheffield

Built:

Area:

No. Floors:

Purchased:
October 2011