Summary - 88 WALTHEOF ROAD SHEFFIELD S2 1NU
2 bed 1 bath Flat
Stable income with clear rental uplift potential for yield investors..
- Generates £7,140pa gross, potential to rise to £9,384pa
- Long-term tenants in situ, low immediate void risk
- Leasehold tenure; check remaining term and service charges
- Small overall size: 603 sq ft (compact two-bedroom)
- Located in a very deprived area with high local crime rate
- Slow fixed broadband speeds; excellent mobile signal
- Well maintained internally with spacious rooms and balcony
- Buyers Premium applies on completion
A compact two-bedroom apartment generating immediate income, positioned for rent uplift. It currently returns a gross annual income of £7,140 with credible scope to reach an estimated £9,384 once re-let to market levels, making it attractive for yield-focused purchasers.
The property is let to long-term, reliable tenants who intend to remain, offering low void risk and straightforward portfolio management. The building is well maintained with spacious rooms and a balcony, and mobile signal is excellent for connectivity.
Buyers should weigh clear drawbacks: the flat is leasehold, located in a very deprived area with a higher-than-average crime rate, and broadband speeds on the street are slow. The apartment is small overall and best suited to investors able to manage or tolerate longer-term tenancy and local area challenges.
Documentation on rental performance and tenancy terms is available in the Let Property Pack. This is a pragmatic option for investors seeking an immediately income-producing unit with short-term rent growth potential, provided they accept the location and tenure considerations. A buyer’s premium will apply on purchase.
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