Calling all investors Hunters Crookes have this excellent opportunity to acquire this bedroom within one of Sheffield's newest student residents only half a mile from Sheffield University.
This fantastic opportunity is currently let at £99 per week (Inclusive of £15 for utilities). At this level the property will provide a yield of 11%. On the ground floor
communal entrance Having stairs to the upper ground floor.
On the upper ground floor
private entrance lobby
private entrance hall Having access to each of the bedrooms and communal kitchen and living area.
Bedroom 4.19m (13' 9") x 2.79m (9' 2") Having a wood effect laminate floor
work area 2.69m (8' 10") X 1.08m (3' 7") Having a wood effect laminate floor and a aluminium double glazed window.
Shower room/W.C. The ensuite has a corner shower cubicle with mains shower, pedestal wash hand basin and a push button low flush w.c. There is an electric towel radiator and an electric extractor fan. The walls are tiled to the shower and splash back area.
Communal kitchen & lounge The communal lounge and kitchen has a seating and dining area together with an ‘L’ shaped worktop to the kitchen with matching wall cupboards.
Communal kitchen & lounge
tenure The current rental income is £99 per week which includes water, electric and broadband. The tenants are responsible for the T.V. Licence. There is a fixed management company which charge 12% + VAT.
We understand that the apartments are leasehold on a 999 years lease from 1/1/2012 at a ground rent of £250 per annum.
Central heating and double glazing The property has the benefit of electric heating with panel heaters and the windows throughout are aluminium framed sealed unit double glazed replacement units.
Property descriptions and related information displayed on this page are marketing materials provided by Hunters - Crookes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hunters - Crookes for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.