Summary - Apartment 58 Mandale House, 30, Bailey Street S1 4AB
1 bed 1 bath Apartment
**Standout Features:**
- 1 bedroom, 403 sq ft apartment in Mandale House
- Furnished with a tenant in situ, currently generating £775/month (9.7% yield)
- Ideal for cash buyers only due to EWS1 B2 rating
- Close proximity to Sheffield University and Hallamshire Hospital
- Excellent public transport links and vibrant neighborhood
**Downsides:**
- Leasehold with 108 years remaining; ground rent at £385.56/year
- Service charge approximately £1756/year
- High crime rate in the local area
Discover the potential of this charming one-bedroom apartment located in Mandale House, Sheffield. Spanning 403 sq ft, this modern furnished space on the second floor offers a comfortable living environment with large windows that invite natural light. Perfectly positioned away from the hustle, yet just minutes from lively bars, restaurants, and essential amenities, this property is an excellent opportunity for cash buyers or investors seeking a reliable rental income.
Currently let at £775 per month under an assured shorthold tenancy until October 2024, it presents an attractive yield of 9.7%. The apartment benefits from an inviting communal courtyard and strong public transport links via the Supertram. However, please note the property is being sold with a B2 EWS1 rating, making it suitable only for cash transactions. The surrounding area, while vibrant, has a high crime rate, so prospective buyers should be aware of this factor. Don’t miss this chance to invest in a property that balances convenience, comfort, and financial potential.
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