Summary - WHITE CROFT WORKS, 69 APARTMENT 45 FURNACE HILL SHEFFIELD S3 7AH
1 bed 1 bath Studio
Low-entry city studio with tenant in place and parking — strong rental yield.
No onward chain; tenant in situ for immediate rental income
A compact ground-floor studio in White Croft Works offered with no onward chain and a tenant in situ, making this a straightforward buy-to-let purchase. The building combines restored industrial character with modern fittings: a recently installed boiler, integrated kitchen appliances and a contemporary shower room. One allocated off-street parking space and gated courtyard access add practical value for residents.
Located close to Sheffield city centre, universities, hospitals and Kelham Island, the flat sits in a busy student and professional neighbourhood that supports steady rental demand. The current rent of £675 pcm produces a net yield of over 8% at the asking price, illustrating clear income potential for investors seeking immediate cashflow.
There are material leasehold considerations: 107 years remain and annual ground rent is currently £150 but will double to £300 on 1 Jan 2033 and continues indexing every 25 years. Service charge is £769.84 per year (reviewed annually). The area records higher crime levels than average; factor this into insurance and tenant selection.
This property suits investors targeting inner-city, student-professional lets who value low-management entry: tenant in situ reduces vacancy risk but prevents immediate owner occupation. The studio’s compact layout and leasehold costs mean it’s best for buyers focused on rental return rather than long-term owner-occupation or substantial refurbishment.
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