**Standout Features:**
- Third floor student studio flat in modern purpose-built block
- Clean decorative order and well-maintained
- Currently let on an AST, generating £7,800 per annum
- Prime location near Sheffield City Centre with extensive local amenities
**Concerns:**
- Situated in an area with very high crime rates
- Average area deprivation score
This contemporary third-floor studio flat offers an excellent investment opportunity for discerning buyers, particularly those looking to cater to the student market. Presented in clean decorative order, this modern space features an open-plan kitchen/living area and a shower room, all within reach of the vibrant amenities of Sheffield City Centre. With an annual income of £7,800 from a secure tenancy, this flat is poised to deliver consistent rental returns.
Located on Howard Lane, you’ll find nearby conveniences including grocery stores, cafes, and recreational areas like Charter Square and Peace Gardens, perfect for leisurely weekends. Families will appreciate access to quality schools with good Ofsted ratings nearby. However, it’s worth noting that the area has a high crime rate, which potential investors should consider.
Being sold at auction with a price tag of £55,000, this studio flat not only represents an attractive income-generating asset but also has the potential for future depreciation in value — making it a compelling opportunity for investors looking to secure a piece of Sheffield’s dynamic student housing market quickly. Don’t miss out on this chance to enter a flourishing market!
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