Central two-bed apartment with rental history and strong EPC — auction sale, no parking..
Previously let at £950pcm (approx £11,400pa)
636 sq ft two-bedroom open-plan apartment
EPC B (85) and double glazing installed
Sold at auction — administration fee £3,400 inc VAT
Leasehold — check legal pack for additional disbursements
No allocated parking; electric room heaters only
Located near university, hospital and Supertram stops
Local area: high crime, deprived, student-focused neighbourhood
A centrally located two-bedroom apartment on the third floor of a modern 2003–2006 development, offered for sale by auction. The open-plan living/kitchen maximises the 636 sq ft layout and the property previously let for £950pcm, demonstrating clear rental potential for investors targeting the student and city-centre market.
Practical strengths include a strong EPC B (85), double glazing and excellent mobile and broadband connectivity. The flat is offered with vacant possession and is close to Sheffield University, Hallamshire Hospital and nearby Supertram stops—locations that support easy re-let or owner-occupation by professionals and students.
Important considerations are factual and material: the property is leasehold, sold at auction with an administration fee of £3,400 inc. VAT payable on exchange, and potential purchasers should consult the legal pack for further disbursements. Heating is by electric room heaters rather than gas central heating, and there is no allocated parking.
The immediate area is a cosmopolitan, multicultural student neighbourhood with high crime levels and higher local deprivation. These factors affect long-term capital-growth prospects and management requirements; the building appears modern and insulated but buyers should check management/ service charge arrangements and any refurbishment needs before bidding.