Compact investment with terrace views and immediate rental potential.
City-centre location near Kelham Island and transport links
A compact one-bedroom apartment in City Wharf, just moments from Sheffield city centre and Kelham Island. The open-plan living area and modern fitted kitchen make efficient use of the 475 sq ft layout, while a double bedroom and neutral three-piece bathroom complete the accommodation. Residents benefit from secure intercom entry, access to a communal terrace with River Don views and a garage for parking.
This property is aimed squarely at investors or buyers seeking a centrally located buy-to-let or pied-à-terre. The 177 years remaining on the lease and very cheap council tax are positive ownership attributes. The building dates from the late 1990s/early 2000s and appears modern; glazing is double glazed (install date unknown).
Important transactional and property matters are factual and material. The sale is via the Modern Method of Auction — a non-refundable reservation fee of 4.5% (minimum £6,600) plus a Buyer Information Pack fee will apply and completion must occur within the prescribed reservation period. The apartment has electric room heaters rather than central heating, a medium flood risk rating, and it sits in an area recorded as having very high crime and high deprivation — these factors may affect lettability and insurance costs.
Viewings and bids should take the auction process and additional fees into account. For an investor comfortable with inner-city letting and the auction route, this is a central, compact apartment with established transport links, nearby universities and hospitals, and clear renovation/letting potential.
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