1 Bed Flat For Sale West Bar, Sheffield, S3

£119,000- Flat

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Last Updated: 17th June 2024

Description

Stunning One Bedroom Apartment\r
7% NET Yield!\r
EWS1 Approved\r
12 Month Tenancy In Place Until September 2024\r
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Currently Tenanted Until September 2024!\r
Rental Income: £9,300 per annum\r
Service Charge: £978 per annum\r
Ground Rent: £200 per annum\r
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Currently self managed to keep costs down\r
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NET Income: £8,122\r
NET Yield: 6.8%\r
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Mr Investa are delighted to present an exceptional opportunity for landlords with this 3rd floor one bedroom apartment in a popular development, The Fitzgerald, generating an exceptional income of £9,300 per annum.\r
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Situated in a prime central location, this property offers an idyllic setting within walking distance of popular attractions such as Kelham Island, Sheffield city centre, and a variety of local supermarkets, shops, bars, and restaurants. Moreover, tenants can enjoy excellent public transport connections, making travel in and out of the city a breeze.\r
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In brief, the apartment comprises; hallway with intercom system, open plan living and dining, fully fitted kitchen with integrated appliances, useful storage cupboard, good size double bedroom with wardrobes and a contemporary bathroom.\r
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420sqft 3rd floor apartment generating £775pcm.\r
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NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
Agent Details
Mr Investa Ltd
Mr Investa, Blue Tower, MediaCityUK, M50 2ST

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested