Summary - SHIRE HOUSE, 98 FLAT 115 NAPIER STREET SHEFFIELD S11 8JA
1 bed 1 bath Flat
Compact one-bedroom with balcony and strong rental yield potential.
No onward chain — ready for quick sale or let
A no-chain, fifth-floor one-bedroom apartment in the Wards Brewery development, suited to a first-time buyer or investor seeking immediate rental income. The open-plan living space and balcony overlook well-kept communal gardens, and the building includes a concierge and lift for convenience. The property carries an EWS1 B1 rating and an estimated 8.3% gross yield for investors.
Practical long-lease security is strong (about 131 years remaining) and running costs are predictable: council tax is described as cheap and ground rent is modest at £175. The flat benefits from modern double glazing, integrated kitchen appliances and fast broadband with excellent mobile signal — useful for working from home or letting to students and professionals.
There are important limitations to note. Heating is by electric room heaters rather than central gas, which can increase energy costs. The neighbourhood is described as inner-city, with higher crime levels and area deprivation; buyers should consider local safety and rental demand implications. The apartment is small (around 414 sq ft) and on the fifth floor, which may limit appeal for those needing more space or frequent stair use despite the lift.
Overall this is a compact, well-presented city flat that offers low immediate vacancy risk and solid yield potential, balanced against higher local crime statistics, medium flood risk and electric-only heating. An internal inspection will best reveal whether the size and condition match your needs.
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