Fixed price
£85,000
1 bed flat for saleCherry Street, Sheffield, South Yorkshire S2
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Reeds Rains - Sheffield City Living
.png)
About this property
One bedroom apartment, third floor location
Fixed Price: £85,000
Open-plan living area with balcony
Fitted kitchen
Tenancy option: Currently let at £700 pcm, offering A ready-made rental income
Can be sold with tenant in place or vacant possession
Ideal for both investors and first-time buyers
Fixed Price: £85,000 – Ideal for Investors or First-Time Buyers
Stylish 1-Bedroom Apartment with Excellent Rental Potential
Key Features
One Double Bedroom: Spacious and bright, ideal for singles or couples.
Third-Floor Location: Enjoy excellent natural light and added privacy.
Open-Plan Living Area: A generous living/dining space that opens onto a private balcony—perfect for morning coffee or evening relaxation.
Fitted Kitchen: Well-equipped with integrated appliances for a sleek and functional cooking space.
Private Balcony: Small but practical, offering a great outdoor spot to unwind.
Flexible Tenancy Option: Currently let at £700 pcm, providing immediate rental income. The property can be sold with the tenant in place or with vacant possession, offering flexibility for both investors and homeowners.
Prime Location – Cherry Street, Sheffield
Situated in the heart of Sheffield, this apartment offers the best of city living with a range of amenities and transport links nearby:
Walking Distance to the City Centre: Close to shops, restaurants, and entertainment, including the Moor Market, Crucible Theatre, and Sheffield’s Winter Garden.
Excellent Transport Links: Quick access to bus and tram routes, with Sheffield Train Station nearby for easy commuting.
Close to Universities: Perfect for students or professionals working at the University of Sheffield or Sheffield Hallam University.
Nearby Parks: Enjoy green spaces like Endcliffe Park and Norfolk Heritage Park for outdoor relaxation and activities.
Why Buy This Apartment?
Attractive Fixed Price: Priced at £85,000, offering excellent value for a prime Sheffield location.
Strong Rental Potential: With current rental income at £700 pcm, investors can expect a potential gross yield of over 9%.
Flexible Purchase Options: Buy as an investment with tenants in place, or choose vacant possession to move in and make it your own.
Ideal for First-Time Buyers: A fantastic opportunity to step onto the property ladder in a thriving area.
Growing City Demand: Sheffield’s continued development makes centrally located properties highly desirable for both tenants and homeowners.
Don’t Miss Out!
This apartment offers a perfect blend of city living and investment potential. Contact us today to arrange a viewing or for more details.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
SCI240361/8
Living Room (5.33m x 2.87m (17' 6" x 9' 5"))
Kitchen (2.87m x 1.78m (9' 5" x 5' 10"))
Bathroom (2.87m x 1.6m (9' 5" x 5' 3"))
Bedroom (3.25m x 2.64m (10' 8" x 8' 8"))
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (230 years)
Service charge
£1,816 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review