Summary - SMITHFIELD APARTMENTS, 131 APARTMENT 25 ROCKINGHAM STREET SHEFFIELD S1 4EY
1 bed 1 bath Apartment
Income-ready central flat with short-term tenancy and strong yield potential.
- City-centre location within walking distance of universities and transport
- Currently tenanted to 14/08/2025 at £600 pcm (income-producing)
- Strong gross yield advertised around 10.2%
- EPC B and EWS1 compliant (B1) — mortgage/letting friendly
- Small internal area ~267 sq ft; best for single occupants
- Heating via electric room heaters, no gas central heating
- Service charge c. £1,632pa and ground rent £150pa
- Local area: very high crime and deprived pockets; student neighbourhood
A compact one-bedroom apartment in Smithfield Apartments, positioned in Sheffield city centre with excellent transport links and fast broadband. The flat is EWS1 compliant and EPC B rated, making it straightforward for mortgage and lettings markets. Its central location sits within walking distance of both universities, shops and nightlife, suiting buy-to-let portfolios or a professional seeking low-maintenance city living.
This property is currently tenanted until 14/08/2025, producing £600 pcm (around a 10.2% gross yield at the asking price). The long lease (129 years remaining) and B1 fire safety status reduce common purchasing obstacles for investors. The open-plan layout and modern finishes support easy reletting and appeal to students or young professionals.
There are important costs and context to note. Service charge averages £1,632 per year and ground rent is £150 annually; heating is electric room heaters rather than a gas central system. The apartment is small (circa 267 sq ft) and will suit single occupants or couples only. The surrounding area is described as a cosmopolitan student neighbourhood with very high crime levels and pockets of deprivation — factors that affect lettings profile and long-term capital growth.
In short: this is a low-maintenance, centrally located flat that offers immediate rental income and a strong headline yield, but buyers should budget for ongoing service charges, higher local crime statistics and the limited internal space. Ideal for investors seeking an income-producing city asset or first-time buyers prioritising location over size.
1 bedroom apartment for sale in Rockingham Street, Sheffield, South Yorkshire, S1 — £75,000 • 1 bed • 1 bath • 485 ft²
2 bedroom apartment for sale in Rockingham Street, Sheffield, South Yorkshire, S1 — £110,000 • 2 bed • 1 bath • 1046 ft²
1 bedroom apartment for sale in Furnival Street, Sheffield, S1 — £95,000 • 1 bed • 1 bath • 463 ft²
1 bedroom apartment for sale in Furnival Street, Sheffield, South Yorkshire, S1 — £90,000 • 1 bed • 1 bath • 329 ft²
1 bedroom apartment for sale in Furnival Street, City Centre, Sheffield, S1 — £99,000 • 1 bed • 1 bath • 453 ft²
1 bedroom apartment for sale in St. Pauls Square, Sheffield, S1 — £134,000 • 1 bed • 1 bath
