1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (231 years remaining)
- One Bedroom Apartment, Third Floor Location
- 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 the tenant in place or vacant possession – ideal for both investors and first time buyers.
Key Features: One Bedroom Apartment: Spacious, double bedroom perfect for singles or couples.
Third Floor Location: Situated on the third floor with excellent natural light and privacy.
Open-Plan Living Area: Generous living/dining room that opens onto a small balcony, ideal for morning coffees or evening relaxation.
Fitted Kitchen: Modern kitchen with integrated appliances.
Balcony: Small but functional, perfect for enjoying the outdoors from the comfort of your home.
Tenancy Option: Currently let at £700 pcm, offering a ready-made rental income. Can be sold with the tenant in place or vacant possession – ideal for both investors and first-time buyers.
Cherry Street is in the heart of Sheffield, a vibrant and up-and-coming area that's perfect for anyone looking for a modern, city-based lifestyle. The apartment is ideally located with easy access to key amenities:
Walking distance to Sheffield city centre: Enjoy the convenience of nearby shops, restaurants, and entertainment, including the Moor Market, the Crucible Theatre, and Sheffield’s Winter Garden.
Excellent transport links: Bus and tram routes provide quick access across the city and to Sheffield Train Station, making it easy for commuters or those who want to explore the wider region.
Close to Universities: Ideal for students or professionals working at the University of Sheffield or Sheffield Hallam University.
Nearby parks and green spaces: The nearby Endcliffe Park and Norfolk Heritage Park offer green spaces to enjoy outdoor activities or leisurely strolls.
Why Purchase This Apartment?
Affordable Price: At just £90,000, this apartment is a fantastic opportunity for first-time buyers to get on the property ladder or investors looking for a high rental yield in a prime Sheffield location. With a current rental income of £700 pcm, you’re looking at a potential gross yield of over 9%.
Ready-to-Go Investment or Home: Whether you are looking for a property to move into yourself or a hassle-free investment, this apartment offers flexibility. The current short-term tenancy allows for immediate rental income or the option to take vacant possession and make it your own.
City Living: Sheffield is a city on the rise, with its mix of historic charm and modern living. As the city continues to grow, so too does demand for centrally located properties like this one. Its proximity to universities and key attractions makes it a desirable choice for tenants and homeowners alike.
Don't Miss Out!
For more details or to arrange a viewing, please contact us today!
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 every case.
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Broadband availability and predicted speed: obtained from Ofcom on February 15, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 15, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 27, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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