Chain-free 1-bed with parking and strong rental yield in Sheffield city centre.
Vacant possession and chain-free sale
Apartment 51 at Smithfield Apartments is a chain-free, one-bedroom flat on Rockingham Street, presented with vacant possession and immediate viewings available. The open-plan living/kitchen layout, private balcony and allocated off-street parking are practical assets for city living and rental appeal. With double glazing and modern finishes from a 2003–2006 build, the property is ready for occupation or to let with minimal updating.
This flat is marketed strongly to investors: estimated rental income of £800–£900 pcm gives a projected yield of around 6.9%. The long lease (approx. 129 years remaining) and current vacant status simplify a sale or letting process. Service charge and ground rent are notable running costs that factor into net returns.
Be candid about location trade-offs: the apartment sits in a multicultural, student-dominated area of Sheffield city centre where local deprivation indicators and very high crime statistics may affect tenant profiles and insurance or security needs. Heating is electric room heaters rather than a gas central system, which can push running costs higher than properties with gas central heating.
Overall, this is a modern, compact city-centre home that suits buy-to-let investors or first-time buyers seeking a low-maintenance urban base. The combination of allocated parking, long lease and immediate vacant possession makes it a practical, straightforward purchase, provided buyers factor in service charges, ground rent and local area considerations.
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