Summary - CITY POINT, 1 APARTMENT 16 SOLLY STREET SHEFFIELD S1 4BP
1 bed 1 bath Apartment
**Standout Features:**
- Modern one-bedroom apartment within the City Point development
- Currently tenanted, generating £750pcm for a solid 7.5% gross yield
- Ideal central Sheffield location, close to universities, shops, and transport links
- Fully furnished and contemporary throughout, requiring no immediate renovations
- Strong demand in a multicultural student neighborhood
**Potential Concerns:**
- High crime rate in the area which may affect long-term value
- Service charge of £2,973 may impact overall profitability
- Leasehold tenure must be considered for future management
Looking for a lucrative investment in the heart of Sheffield? This stylish one-bedroom apartment in City Point not only boasts a modern design with open-plan living but also offers immediate income potential with a reliable tenant in place. Nestled in a vibrant area frequented by professionals and students, you’ll appreciate the proximity to major educational institutions and excellent transport options.
As an investor, capitalize on the property’s 7.5% gross yield while enjoying the low maintenance characteristic of its contemporary design. While the high crime rate and service charges are considerations, the appealing rental market and tenant demand make this an attractive prospect, especially for first-time buyers or portfolio investors. Don't miss this opportunity to secure a hands-off investment in a thriving neighborhood!
1 bedroom apartment for sale in Wellington Street, Sheffield, S1 — £150,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Ball Street, Sheffield, S3 — £128,000 • 1 bed • 1 bath • 480 ft²
1 bedroom apartment for sale in Wellington Street, Sheffield, S1 — £130,000 • 1 bed • 1 bath • 485 ft²
1 bedroom apartment for sale in Ball Street, Sheffield, S3 — £140,000 • 1 bed • 1 bath • 550 ft²
1 bedroom apartment for sale in Ball Street, Sheffield, S3 — £135,000 • 1 bed • 1 bath • 510 ft²
1 bedroom apartment for sale in Solly Street, Sheffield City Centre S1 — £95,000 • 1 bed • 1 bath • 433 ft²
