Summary -
Apartment 91,Jet Centro,79 St. Marys Road,SHEFFIELD,S2 4AU
S2 4AU
1 bed 1 bath Flat
Immediate rental income in a vibrant student-led neighbourhood.
Long-term tenant in situ producing £9,600pa gross income
Strong gross yield (~11.3%) at the asking price
Modern apartment building with balcony and fast broadband
Average-sized one-bedroom: lounge, kitchen, bathroom
Leasehold tenure — check remaining term and service charges
Very high local crime rate — factor security and insurance costs
No private garden; on-street parking only
Buyer’s premium applies on sale
A one-bedroom apartment in Jet Centro, St. Marys Road, offered with a long-term tenant in place producing a gross annual rent of £9,600. At the asking price of £85,000 this equates to a strong gross yield (about 11.3%), making it a clear buy-to-let prospect for investors seeking immediate income.
The flat is an average-sized, traditionally laid-out one-bedroom with lounge, kitchen and bathroom. The building is modern with brick-and-glass façade and covered balconies. Practical benefits include fast broadband, excellent mobile signal and low flood risk. On-street parking is available, and the property sits in a lively, cosmopolitan student neighbourhood close to shops, public transport and university/college facilities.
Important drawbacks and transaction notes are set out plainly: the property is leasehold, located in a very high crime area, and has no private garden. The current tenant does not intend to vacate, so purchase will be as a let investment unless tenancy terms are renegotiated. A buyer’s premium will apply to secure the sale — factor this into acquisition costs.
This listing suits investors or developers looking for immediate rental income and portfolio growth. There is refurbishment potential to enhance rent or future resale value, but buyers should carry out lease and safety checks, consider local crime rates, and allow for any costs linked to the buyer’s premium and leasehold purchase.
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