Summary - Apartment 127 City Point, 1, Solly Street, SHEFFIELD S1 4BX
1 bed 1 bath Flat
Compact modern apartment ideal for a first home or rental investment near transport and amenities.
Bright open-plan living with private balcony and city views|One double bedroom within approximately 440 sq ft|Built 2003–2006, double-glazed windows and lift access|Leasehold tenure; sold at auction with reservation fees|Buyer information pack £349 and non-refundable 4.5% reservation fee|minimal communal heating — electric room heaters only (higher running costs)|Located in a cosmopolitan student neighbourhood; high local crime rates|Fast broadband and excellent mobile signal; council tax is low
This one-bedroom apartment in City Point places you in the city's heart with ready-to-move-in, modern decor and double glazing. The open-plan living area benefits from large windows and a private balcony that capture city views and daylight. The block is a recent build (circa 2003–2006) and includes lift access and secure entry, making day-to-day living straightforward.
Important practical points are clear: the property is leasehold and will be sold at auction, with a 56-day completion window. Bidders should budget for the buyer information pack fee (£349) and a non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600). These sums are additional to the purchase price and form part of the buying costs.
Heating is by electric room heaters rather than a communal gas system, which may mean higher running costs in winter. The surrounding area is a cosmopolitan, student-focused neighbourhood with high local crime levels — relevant for both residents and investors considering rental management and insurance.
For first-time buyers and investors, the flat’s compact 440 sq ft layout, good transport links, excellent mobile signal and fast broadband offer strong convenience and rental appeal. The property is best suited to buyers who value city-centre living and understand auction purchase mechanics and leasehold considerations.
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