1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (999 years remaining)
- £0 Ground Rent!
- City Centre location
- Ideal for Short Term Accommodation
- Over 7% NET Returns
- Quick access to transport links
The 26 spacious apartments are designed to an excellent specification. The flexible lease and prime location lends itself to multiple rental options for investors. This great location for BTL investors.
Key Details:
Price: £90,000
Rental Income: £9,528 annually (£794 pcm)
Tenancy: Currently on Short-Term Lets (85% Occupancy)
Lease: 999 years (from 2024)
Ground Rent: £0
Service Charge: £635.93 annually
NET Yield: 7.2%
Features:
* Modern 1-Bed Apartment
* Ideal for Corporate Lets
* Low Service Charge / £0 Ground Rent
* Commuter town for Sheffield & Leeds
* Close To University & Medical Village
About Rotherham:
Rotherham is a great location for buy to let investors because it offers a combination of affordability, high rental yields, and strong demand. Rotherham is one of the most affordable places to buy property in the UK, with an average house price well below the national average of £250,000. This means that investors can get more for their money and benefit from lower mortgage costs.
Rotherham is a great location for buy to let investors because it offers a combination of affordability, high rental yields, and strong demand. Rotherham is one of the most affordable places to buy property in the UK, with an average house price well below the national average of £250,000. This means that investors can get more for their money and benefit from lower mortgage costs.
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Service Charge: £635.93 per year
Property information from this agent
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Property reference 20-Clifton. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates - Chester.
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Broadband availability and predicted speed: obtained from Ofcom on May 11, 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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
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
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