Offers over
£75,000
1 bed flat for saleRockingham Street, Sheffield, South Yorkshire S1
1 bed
1 bath
1 reception
EPC Rating: C
- Auction
- Leasehold
Reeds Rains - Sheffield City Living
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About this property
Buy to Let
For sale by modern auction
Reservation fees apply
Sought-after city centre location
EWS1 compliant (B1 rated)
Mortgageable property
Private balcony with courtyard outlook
Stylish open plan living and kitchen
Investment opportunity tenanted
Strong rental demand
Prime sheffield location
Tenanted until February 2026 @ £725PCM – ready-made investment with immediate returns
Opportunities like this don’t come around often. 61 Smithfield is a superbly located one-bedroom apartment in the heart of Sheffield city centre, offering not just stylish modern living but also a rock-solid investment with rental income already secured until February 2026 at £725pcm. That’s a guaranteed £8,700 per annum in rental returns from day one, with no voids to worry about.
Set within a highly regarded development, the apartment is EWS1 Compliant (B1 Rated), giving peace of mind and future-proofing for mortgage lending — something not all city centre apartments can boast.
Step inside and you’ll find a bright and spacious open plan living area, perfectly designed for today’s lifestyle, combining lounge, dining, and kitchen into one inviting space. Large windows flood the room with natural light, while the private balcony offers a tranquil spot with courtyard views — a real bonus in city living. The kitchen comes fully fitted with modern appliances, and the bathroom is finished to a high standard with quality fittings.
The development itself is secure and well maintained, offering controlled access and a welcoming communal environment. Situated right in the city centre, the property is just moments away from Sheffield’s vibrant mix of shops, cafes, bars, restaurants, and entertainment venues, along with excellent transport links.
This is a property that ticks every box for an investor:
Immediate rental income locked in until 2026
Strong rental demand in a thriving city centre location
EWS1 Compliant (B1 Rated) and mortgageable
Attractive annual yield of £8,700 with scope for growth
Desirable features including balcony and modern open-plan design
Sheffield’s rental market is booming, with professionals, students, and young couples all competing for quality apartments like this one. Demand is only set to increase as the city continues to grow, making this a timely opportunity for investors looking for both strong short-term returns and long-term capital appreciation.
Whether you’re expanding your portfolio or looking for a first investment that delivers instant results, Smithfield is the one to secure. Properties of this calibre, in this location, with income already guaranteed, are in high demand — and they don’t stay available for long.
Don’t miss out. Contact us today to arrange a viewing or to discuss how to secure this excellent investment before it’s gone.
**** auction terms ****
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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.
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More information
Tenure
Leasehold (130 years)
Service charge
£2,694 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review