Summary -
Apartment 76 Royal Riverside,60, Priestley Street,SHEFFIELD,S2 4FT
S2 4FT
1 bed 1 bath Flat
Turn-key city-centre investment with reliable rental income and parking.
Long-term tenant in situ producing £8,340 gross annually
Compact one-bedroom, approx. 301 sq ft — small overall size
Communal garden and shared private off-street parking included
Modern purpose-built block in central S2 location near amenities
High flood risk in the area — factor insurance and mitigation costs
Above-average local crime rates — consider security and rental pricing
A compact one-bedroom apartment on Priestley Street offered with a long-term tenant already in situ, presenting a straightforward buy-to-let opportunity in Sheffield S2. The property sits within a modern purpose-built block with communal garden space and shared private parking, and currently generates an annual gross income of £8,340. Its city-centre setting places shops, transport links and student and commuter rental demand close at hand.
This is a small leasehold flat (c. 301 sq ft) best suited to investors seeking immediate rental income rather than owner-occupiers. The existing tenancy has been stable for several years and the tenants have indicated an intention to remain, supporting ongoing cashflow. Advertised gross yield is strong for the area (circa 10–11%), making it attractive for portfolio buyers targeting inner-city returns.
Notable risks are material and must be factored into valuation: the property is in a high flood-risk zone, crime levels in the locality are above average, and the apartment’s compact size limits appeal to non-investor markets. The sale includes a buyer’s premium to secure the purchase and is leasehold — purchasers should review the lease terms, service charges and the Let Property Pack for full investment detail before committing.
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