Summary - Bradfield Road, Sheffield, S6 S6 2BX
3 bed 1 bath Flat
Immediate income and strong yield for hands-on investors seeking value.
Long-term tenant in situ providing immediate rental income
Current gross income £8,400 pa; market potential ~£9,000 pa
High gross yield relative to purchase price (strong cashflow)
Leasehold with ~65 years remaining — lending may be restricted
Located in a deprived area with very high local crime rates
Medium flood risk; insurers and lenders may impose conditions
1950s concrete block exterior; interior decor dated, may need updating
Small overall size (699 sq ft); limited living space and resale appeal
This three-bedroom leasehold flat in S6 is offered as a buy-to-let opportunity with a long-term tenant in place, providing immediate rental income. At the current gross rent of £8,400 pa (potentially £9,000 pa at market rate), the purchase price of £57,000 produces a high gross yield, making it attractive for investors seeking cashflow. The block dates from the 1950s with a robust concrete, Brutalist exterior; internal rooms are spacious for the size but show dated mid‑20th‑century decor.
Important practical considerations are clear: the lease has approximately 65 years remaining, which may restrict mortgage availability and could require lease extension budgeting. The area is classed as deprived with very high local crime rates and a medium flood risk; these factors will affect future resale and tenant profiles. The property is small overall (699 sq ft) and offered with a long-standing tenant who intends to remain, so vacant possession is not guaranteed.
For investors, the value drivers are immediate income, scope to increase rent to market level, and low purchase price relative to yield. Drawbacks that could materially affect return include lease length, difficulty obtaining mortgage finance, local area deprivation/crime, and potential management needs. Buyers should review the Let Property Pack, tenancy paperwork, and lease details, and factor costs for any required maintenance or lease extension.
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