1 bed flat for sale

St. Marys Road, Sheffield, South Yorkshire S2

Introducing a stylish and well-maintained studio apartment situated on the fourth floor of the sought-after Jet Centro development in Sheffield City Centre. This property offers an excellent opportunity for investors, with a tenant in situ generating a monthly rental income of £650. The apartment is offered for sale via the Modern Method of Auction, with a starting bid of £65,000, and is available to cash buyers only.
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Key Features
Open-Plan Living: The apartment boasts a spacious open-plan layout, combining the living area, kitchen, and bedroom space, creating a versatile and comfortable living environment.

Private Balcony: Enjoy the benefit of a private balcony, accessible via opening doors, providing an outdoor space to relax and take in views of the surrounding area.

Modern Kitchen: The kitchen area is fitted with contemporary units and worktops, offering ample storage and preparation space.

Contemporary Shower Room: A well-appointed shower room featuring tiled walls a double shower enclosure, and a white bathroom suite.

Furnished: The property is sold fully furnished, including the landlord's furniture, making it a turnkey investment. An inventory of contents can be provided upon request.

Secure Development: Jet Centro offers a fob entry system for secure access and a concierge service, ensuring residents' privacy and safety.

Location Highlights
Jet Centro is ideally located on the south side of Sheffield City Centre, providing easy access to a range of amenities and transport links:

Transport: Within walking distance to Sheffield Train Station and the Sheffield Interchange, offering excellent connectivity.

Education: Proximity to Sheffield Hallam University and the University of Sheffield makes it attractive to students and professionals alike.

Amenities: Close to The Moor Market, Sheffield Theatres, and a variety of shopping and dining options, ensuring a vibrant city lifestyle.

Investment Potential
This property presents a compelling investment opportunity:

Immediate Rental Income: Currently tenanted at £650 per calendar month, providing an immediate return on investment.

High Rental Demand: The central location and modern amenities make it appealing to a broad tenant base, including students and young professionals.

Modern Method of Auction: The sale via Modern Method of Auction offers a transparent and efficient purchasing process, with a starting bid of £65,000.

Cladding Disclosure
The building includes some timber and limited cladding elements that are scheduled for remediation under the government-backed Cladding Safety Scheme (css). The building has already been accepted into the scheme, with works due for completion by Spring 2026. All associated costs are fully covered by the scheme, with no financial liability for leaseholders. A number of high street lenders are now actively offering mortgages on similar properties, reflecting increased confidence in the remediation process and funding protections. The property is being sold due to the owner's intention to relocate to a family home.

**** 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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Open Plan Living Kitchen Bedroom

Shower Room