One Bedroom Ground Floor Apartment

30 Cutlery Works, Lambert Street, Sheffield, S3

Price: £110000


Key Features

Full Description

Fantastic buy for an Investor/Landlord. The flat is currently tenanted, the tenant is in a fixed term AST until December 2022, paying a rental of £600pcm.

Located in the popular development of Cutlery Works, which is a factory conversion that has been elegantly reworked to combine a part of Sheffield’s heritage with 21st Century living. There is a Tesco Express, tram and bus stop all within 5 minute walk providing easy access to both Universities and Hospitals within the City Centre and Fargate just a stone’s thrown away.

This Ground Floor One Bedroom apartment comprises of entrance hall, open planned kitchen / living room, double size bedroom, modern bathroom with shower cubicle. Very secure with gated entry to the grounds.

EPC Rating: B. Council Tax: A.

Tenure: Leasehold

Leasehold remaining: 105 Years

Ground Rent: £151.00

Service Charges: £671.25

Achieving rental of £600pcm, £7,200 per annum, 6.5% Yield.

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Customer Testimonial

"Hayes' staff are helpful, attentive and efficient. Hayes were extremely proactive with regular telephone contact throughout the progression of the purchase. All members of staff were very approachable, extremely polite and helpful."

Call Hayes, 01302 300027