Summary - Plot 21 Milton Gardens, Sheffield S3 7WJ
2 bed 2 bath Apartment
High-spec, let-ready flat with long lease and no ground rent.
Two bedrooms and two bathrooms, new-build apartment
A purpose-built two-bedroom, two-bathroom apartment in a new-build development in central Sheffield, offered specifically for investors. The flat is finished to a high specification with contemporary fixtures, an open-plan living/kitchen area and recessed balcony — designed for low-maintenance, rental-ready occupation. With a long 999-year lease and no ground rent, ownership costs are straightforward for a buy-to-let portfolio.
The location sits in the city centre within roughly a 15-minute walk of Sheffield Train Station and close to cultural and retail amenities, providing steady tenant demand from students, young professionals and nearby businesses. The developer states achievable rental yields above 6%, making this attractive for income-focused buyers seeking immediate let-ready stock.
Buyers should note important negatives: the property is leasehold, in a very deprived area with a very high local crime rate, and city-centre apartments typically offer compact internal floor areas and no private garden. These factors influence tenant profiles and may affect long-term capital growth and void risk. Maintenance needs appear minimal given new-build condition, but buyers should budget for standard communal service charges and check those costs before purchase.
This unit suits investors targeting stable rental income from central Sheffield rather than owner-occupiers seeking quiet suburban living or family outdoor space. Assess the building’s management arrangements, service charge levels and local rental market comparables to confirm the listed yield and overall investment return.
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