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Total views:  500+
Fixed price
£75,000

1 bedroom apartment for sale

Upper Allen Street, Sheffield S3
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Apartment
1 bed
1 bath
387 sq ft / 36 sq m
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 105 yrs left
Ground rent£300 per annum | review period: unconfirmed
Service charge£808 per annum
Council taxBand A

Features and description

  • Tenure: Leasehold (105 years remaining)
  • Great opportunity to start a property portfolio
  • A lovely one bedroom apartment with an open plan living & kitchen area with balcony
  • £625pcm INCOME GENERATING
  • Only two tenants since 2008!
  • Solid
  • *tenanted buy to let investment*
  • Cash only
GROSS 10% GRAB YOURSELF A READY MADE INVESTMENT OPPORTUNITY!

Investment Opportunity: One-Bedroom Apartment

Overview
Welcome to 218 Q4 Apartments, a fantastic investment opportunity located in the heart of Sheffield. This charming one-bedroom apartment is a part of a modern development and promises excellent rental yields and long-term growth potential.

Key Features
Current Rental Income: £625 per calendar month
Occupancy: Only two tenants since development completion

Viewings: Available upon request

EWS1 Status: Currently B2, with funding granted for necessary works to commence shortly

Purchasers: Seeking cash purchasers until works are completed

Property Highlights
Prime Location: Upper Allen Street, Sheffield
Spacious Living Area: Open-plan living space with ample natural light
Modern Kitchen: Fully equipped with contemporary appliances
Comfortable Bedroom: Generously sized with built-in storage
Showeroom: Stylish and well-maintained

Investment Benefits
High Demand Area: Sheffield is a thriving city with a strong rental market
Steady Rental Income: Currently obtaining £625 pcm
Future Growth: Potential for property value increase post-completion of EWS1 works

EWS1 Status Update
Although the current EWS1 status is B2, the development has been granted funding for the necessary works to improve the cladding. These works are expected to commence shortly, enhancing the safety and value of the property. We are currently seeking cash purchasers until the completion of these works.

Viewing Arrangements
Viewings are available by appointment. Contact us today to schedule a visit and explore this outstanding investment opportunity.


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.

SCI210059/2

Rooms

Entrance Hall

Shower Room 2.26m x 1.4m (7' 5" x 4' 7")

Bedroom 3.1m x 2.62m (10' 2" x 8' 7")

Living Kitchen 4.2m x 4m (13' 9" x 13' 1")

Property information from this agent

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About this agent

Reeds Rains - Sheffield
Reeds Rains - Sheffield
The Chimes Sheffield S1 2EG
0114 488 5068
Full profileProperty listings
Reeds Rains has over 100 branches across the UK. Established in 1868 Reeds Rains has over 150 years of sales and lettings expertise. The network of local
high street branches pride themselves on their professionalism and their no nonsense approach to selling and letting property. Using the best traditional and
online methods Reeds Rains focusses on getting the job done.
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