Summary - Flat 1, Solly Place, 7 Solly Street S1 4DE
2 bed 2 bath Apartment
Low-maintenance investment with immediate rental income and modern fittings close to transport.
- Two double bedrooms, each with its own en-suite shower
- Open-plan kitchen, dining and living room, city-centre outlook
- Tenant in situ producing £950 pcm rental income
- Leasehold with 191 years remaining
- EPC grade D; average energy performance
- Service charge approx £3,000 pa; ground rent £225 pa
- Electric room heaters (no gas central heating)
- No private garden; outlook to communal courtyard
A modern two-bedroom apartment in a central Sheffield development, presented with a sitting tenant and immediate rental income. The open-plan living area and contemporary kitchen suit city professionals or investors seeking a low-maintenance, city-centre holding. Both double bedrooms have en-suite showers, maximising lettable appeal and privacy for occupants.
The property is offered leasehold with 191 years remaining, double glazing and an EPC grade D. Current rents are £950 pcm, providing an immediate yield for a buyer at the guide price. The development includes a secure entrance and landscaped communal courtyard, typical of modern city schemes.
Notable running costs include an average annual service charge of around £3,000 and a ground rent of £225. Heating is by electric room heaters rather than a mains gas system, which may increase energy costs for residents. The apartment is sold with tenants in situ, so vacant possession is not available on completion.
This is best suited to investors or buyers seeking a central, low-management asset with reliable rental income. Viewings are recommended to assess condition and confirm investment projections against running costs and EPC rating.
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