£110,000
2 bed flat for saleRockingham Street, Sheffield, South Yorkshire S1
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Reeds Rains - Sheffield City Living
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About this property
Investor Opportunity
Third floor apartment in popular location
Two bedroomed
Modern bathroom with shower
Open plan living kitchen
Being sold tenanted with income of £900PCM
9.8% return on investment
Centrally located close to transport links
Long standing tenancy record of 14 years!
EWS1 compliant - cert available
Property Type: Third-Floor Apartment
Bedrooms: 2
Bathrooms: 1
Price: £110,000
Rental Income: £900pcm
Yield: 9.8%
Overview
Introducing Apartment 68 at Smithfields, a prime investment opportunity located on Rockingham Street, Sheffield. This two-bedroom, third-floor apartment offers a superb rental history and is currently obtaining £900 per calendar month, Fixed until August 2025.
Key Features
Location: Situated in the vibrant and sought-after area of Rockingham Street, offering excellent transport links and local amenities.
Rental Income: Currently achieving a rental income of £900pcm, demonstrating a strong yield.
Accommodation: The apartment features a spacious open-plan living kitchen, two well-sized bedrooms, and a modern bathroom.
Condition: The property is in good condition and is being sold as a fully managed investment.
Accommodation Details
Open Plan Living Kitchen:
Bright and spacious area combining the kitchen and living room.
Modern kitchen units with integrated appliances.
Ample space for dining and entertaining.
Bedrooms:
Two generously sized bedrooms with plenty of natural light.
Neutral décor, ready for tenants to move in.
Bathroom:
Contemporary bathroom suite.
Features include a bath with overhead shower, wash basin, and WC.
Investment Highlights
Steady Rental Income: Proven rental history with current tenants.
High Demand Location: Sheffield’s Rockingham Street is a popular choice for renters, ensuring minimal vacancy periods.
Future Growth Potential: Sheffield continues to grow as a vibrant city, with increasing demand for high-quality rental properties.
Location
Smithfields, Rockingham Street, is ideally located within Sheffield, providing easy access to:
Public Transport: Excellent links to bus and tram services.
Amenities: Close proximity to shopping centres, restaurants, cafes, and recreational facilities.
Education: Near universities and educational institutions, attracting student renters.
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.
SCI250155/8
Kitchen/Lounge (3.96m x 3.95m (13' 0" x 13' 0"))
Bedroom 1 (3.12m x 2.71m (10' 3" x 8' 11"))
Bedroom 2 (2.42m x 2.11m (7' 11" x 6' 11"))
Bathroom (2.7m x 1.72m (8' 10" x 5' 8"))
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More information
Tenure
Leasehold (131 years)
Service charge
£2,694 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review