Summary - Apartment 8 Broughton House, 50, West Street S1 4EX
1 bed 1 bath Flat
Compact, low-maintenance flat ideal for buy-to-let investors or city workers.
- Open-plan living/kitchen; efficient use of 420 sq ft
- Double-size bedroom with carpeted flooring
- Long lease remaining (~128 years)
- Option to buy tenant in situ for immediate income
- Service charge ~£176 pcm; affects net yield
- Ground rent £150 per year
- Heating via electric room heaters, no central heating
- Very slow broadband and very high local crime rates
This compact one-bedroom apartment sits in the heart of Sheffield city centre and is presented as a turn-key rental opportunity or a city-base for a single occupant. The open-plan living/kitchen area and a double-size bedroom make efficient use of 420 sq ft, with modern finishes throughout and double glazing. An existing tenant can be left in situ, offering immediate rental income potential.
Practical running costs and tenure are straightforward for investors: a long lease (approximately 128 years remaining), ground rent around £150 per year and a service charge of about £176 per month. Council Tax sits in Band A, keeping annual charges low. The property is chain-free and constructed in the 2003–2006 period, so major structural refurbishment is unlikely.
Buyers should note material drawbacks honestly: heating relies on electric room heaters rather than central heating, broadband speeds in the area are reported as very slow, and the neighbourhood records very high crime levels. The building appears modern and maintained, but the service charge is significant relative to the apartment’s size and will affect net rental yield.
Overall this flat is best suited to investors seeking a city-centre, low-maintenance asset with immediate lettings potential or first-time buyers wanting a compact, centrally located home prepared to trade living space for location. Viewings recommended for those prioritising rental income and convenience over spacious accommodation and high-speed connectivity.
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