Low-maintenance flat with strong rental potential near major transport links.
Ground-floor one-bedroom with allocated parking space
A ground-floor one-bedroom apartment in a secure gated development, offered with no onward chain and an allocated parking space. The open-plan living area and well-proportioned bedroom receive good natural light through large windows, and communal areas are well maintained. Location is a key asset with Sheffield station, Supertram and frequent bus links close by.
The property is an attractive short-term rental or buy-to-let proposition — estimated net rental yield around 9% — and sits in a cosmopolitan neighbourhood popular with students and professionals. Service charge and ground rent are modest (£900 and £150 per year respectively), keeping running costs predictable.
Important practical points: the lease has 81 years remaining and will need renewal with haste if long-term mortgageability or saleability is required. Heating is electric with room heaters rather than a central system, which can mean higher energy costs and should be budgeted for. Local crime levels are above average, so buyers should factor this into lettings or resale considerations.
Overall this is a low-maintenance, well-located apartment that suits investors seeking immediate rental income or first-time buyers wanting close city access. Early viewing is recommended to assess suitability and to confirm heating, electrical and lease-extension options through professional surveys.
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