Summary - ATLANTIC ONE, 1 APARTMENT 4 ST GEORGES WALK SHEFFIELD S3 7AP
1 bed 1 bath Studio
Ready-to-rent studio with long lease and strong yield potential.
9.2% net yield based on potential £625pcm rent
Long lease: 231 years remaining, freeholder leasehold
EWS1 compliant; vacant possession for immediate let or sale
Service charge approx £1,272 pa; ground rent £240 pa
EPC rating C and double glazing; electric heating only
Very slow broadband speeds in the building
Small ground-floor studio — best for single occupant or student
High local crime rate may affect tenant demand
A compact, modern ground-floor studio in Atlantic One offering clear investor appeal. With a long lease (231 years) and EWS1 compliance, the apartment is sold with vacant possession and a stated potential rent of £625 pcm, quoted as a 9.2% net yield — attractive if you prioritise predictable city-centre rental income.
The layout is open-plan with a fitted contemporary kitchen, built-in storage and a shower bathroom. The block has secure intercom entry and overlooks well-maintained communal areas and gardens. EPC C and double glazing are positives for energy performance, though heating is electric.
Notable running costs and local conditions are important: average service charge £1,272pa and ground rent £240pa; very slow broadband and a high local crime rate could affect tenant demand and rental choice. The apartment’s small size and ground-floor position suit single occupants, students or professionals rather than families.
Overall this is a straightforward, low-management investment in a cosmopolitan student neighbourhood close to universities, hospitals and transport links. It offers immediate let-ready potential but expect to price for broadband limitations, higher local crime and a compact living area.
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