Ready-made rental with strong yield and long lease in central Sheffield.
Tenant in situ paying £725pcm until 14 Aug 2026
Healthy reported net yield of 6.9% for investors
Fourth-floor apartment with lift access and private balcony
Approx. 466 ft² — compact but efficiently laid out
Long lease remaining — c.179 years; low ground rent £150
EPC rating C; EWS1 B1 available for mortgage acceptance
Electric wall heaters — potentially higher running costs
Located in a high-crime area; consider insurance and tenant screening
This fourth-floor, one-bedroom apartment sits in a contemporary city-centre block close to universities, stations and local amenities — a clear buy-to-let proposition for investors seeking central Sheffield exposure. The property is offered with a tenant in situ paying £725pcm (contract until 14 August 2026) and a reported net yield of 6.9%.
The accommodation is compact and efficiently laid out across approximately 466 sq ft with an open-plan living/kitchen, double bedroom, and bathroom. Practical features include lift access, a private balcony, modern fitted kitchen with integrated appliances, and an EPC rating of C. The lease is long (approx. 179 years) and ground rent is modest (£150). An EWS1 form with a B1 rating is available, making the building acceptable for mortgage purposes.
Notable drawbacks are factual: heating is by electric wall heaters (higher running costs than central systems), there is no private garden, and the area records a very high crime rate which may affect tenant demand or insurance costs. This unit suits investors wanting an immediately income-producing, centrally located flat with straightforward management and decent lease security.
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