Summary - LEADMILL COURT, 4 APARTMENT 22 MORTIMER STREET SHEFFIELD S1 4SF
2 bed 1 bath Apartment
Turnkey buy-to-let with tenants, immediate income and minimal works needed.
- Top-floor two-bedroom, approximately 567 sq ft
- Sold furnished with tenants in situ, £900 PCM rent
- Circa 9% gross yield based on current income
- Long lease (975 years) and low ground rent (£50)
- No allocated parking; on-street only
- Located in a high-crime, medium flood-risk area
- Modern build (1996–2002), gas central heating, double glazing
Situated on the top floor of a modern development, this compact two-bedroom apartment is offered as a ready-made buy-to-let with tenants in situ. Currently achieving £900 PCM (£10,800 pa), the sale includes furnishings and delivers a strong circa 9% gross yield from day one. The open-plan living area is bright, with dual-aspect windows and a fitted kitchen with integrated appliances and breakfast bar.
The accommodation comprises a generous double bedroom with built-in wardrobes, a flexible second room currently used as a home office, and a contemporary bathroom. The property is gas-heated via boiler and radiators and has double glazing (install date unknown). The long lease (975 years) and low ground rent (£50) are practical tenure positives for investors and future owners.
Notable drawbacks are factual: there is no allocated parking (on-street only), the local area records very high crime levels, and the property sits in a medium flood-risk zone. The apartment is small at approximately 567 sq ft and will suit buyers comfortable with city-centre living and compact layouts. Tenants are currently in place but vacant possession can be negotiated.
This is a straightforward proposition for landlords seeking immediate rental income and minimal refit work, or for a city buyer wanting a furnished, low-maintenance pied-à-terre. Prospective purchasers should factor in the urban setting, nearby student-oriented neighbourhood, and transport and amenity benefits when weighing long-term capital and rental prospects.
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