£60,000
Studio for saleEarl Street, Sheffield, South Yorkshire S1
1 bed
1 bath
EPC Rating: C
- Leasehold
Sold.co.uk
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About this property
Studio Apartment
Sold with Tenants in Situ
Cash Buyers Only
Great Investment Opportunity
Over 13% Gross Rental Yield
First Floor
City Centre Location
Modern Fittings
189 Years Remaining on Lease
Ideal Let for Professionals or Students
*** tenants in situ - investors only ***
*** cash buyers only ***
This studio apartment in Lightbox on Earl Street, Sheffield presents an excellent investment opportunity for cash investors. Currently tenanted and generating a strong rental income of £672 per month, this first-floor property offers an impressive 13.44% gross rental yield for savvy investors.
The apartment's layout includes an open-plan living space with a compact kitchen area, a well-proportioned bedroom zone, and a three-piece bathroom. Despite its modest size of approximately 202 sq. Ft, the property maximizes functionality and offers essential amenities for comfortable living.
Located in Sheffield's city centre, residents enjoy exceptional convenience with shops, restaurants, and entertainment venues just a stone's throw away. The property benefits from excellent transport connections, with Sheffield train station within walking distance, providing easy access to major cities including Leeds and Manchester.
Being sold with tenants in situ and offered to investors and cash buyers only, this property represents a ready-made investment opportunity. With its strong rental performance already established and prime central location, we strongly recommend viewing this apartment to appreciate its investment potential.
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More information
Tenure
Leasehold (189 years)
Service charge
£1,796 per year
Council tax band
A
Ground rent
£300
Ground rent date of next review