Summary - REGENCY COURT, 39 APARTMENT 39 PRIMROSE DRIVE ECCLESFIELD SHEFFIELD S35 9ZQ
1 bed 1 bath Flat
Ready-made rental with strong yield and generous communal terrace.
Tenant in situ producing £725 pcm (ready income)
Quoted net yield 8.7% at asking price
Large shared roof terrace significantly increases usable space
Allocated off-street parking space included
Long lease: 181 years remaining
Higher service charge: approx £2,370 per year
Small ground rent: £200 per year
Slow local broadband speeds; consider tenant needs
This ground-floor one-bedroom apartment in Ecclesfield is presented as a ready-made rental with a tenant in situ paying £725 pcm, producing a quoted net yield of 8.7% at the asking price. The flat benefits from a large shared terrace, allocated off-street parking and a secure intercom entry, all of which support tenant appeal and easy management for landlords.
Internally the layout is compact but well appointed: an open-plan living area with a modern fitted kitchen, double bedroom and bathroom. Wooden flooring, integrated kitchen appliances and an electric heater keep maintenance straightforward. The building has a lift and communal areas that are described as well maintained, and the EPC is C.
Important cost and condition notes: the lease has 181 years remaining (long lease) but the service charge is relatively high at about £2,370 per year and there is a small ground rent of £200. Broadband speeds in the area are slow — a potential downside for some tenants — and the property is sold with a sitting tenant, so vacant possession cannot be guaranteed on completion.
For investors this property offers immediate income, long lease security and a standout communal terrace that increases usable amenity. Consider the service charge and ground rent in your yield calculations and note the tenant-in-situ status when planning any refurbishment or rent review.
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