City-centre one-bedroom ideal for buy-to-let investors.
Victorian city-centre building with high ceilings and tall windows
Tenant in situ currently paying £480 pcm — immediate income
Leasehold with 87 years remaining — check long-term finance options
Sold at auction via secure online bidding — no chain but bidding T&Cs apply
Annual service charge £1,000; ground rent £5 (nominal)
Electric room heaters; heating and efficiency limitations
Very slow broadband speeds — impacts remote working or tenants
Located close to transport, university, bars, restaurants and amenities
Set on the first floor of a Victorian city-centre building, this one-bedroom studio apartment is offered for sale with a tenant in situ. The property is in a secure block with lift access and benefits from high ceilings and tall front-facing windows that deliver natural light. It suits buy-to-let investors or purchasers seeking an urban pied-à-terre close to Sheffield’s universities, bars and transport links.
The accommodation is open-plan with a fitted kitchen area, laminate flooring and a three-piece bathroom. The building’s period brickwork and arched windows add character, while internal finishes are generally modern and low-maintenance. The current tenant pays £480 pcm, providing immediate rental income for a new owner.
Important considerations: the apartment is leasehold with 87 years remaining and will be sold at auction via secure online bidding. Annual service charge is listed at £1,000 and ground rent is nominal at £5. Heating is by electric room heaters and broadband speeds are reported very slow; these are practical drawbacks for some occupiers.
This is a straightforward investment opportunity in a busy urban location. Buyers should budget for ongoing service charges, consider electrics and heating efficiency, and review the lease length and auction terms before bidding.
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