This is an investment opportunity to purchase a student studio apartment in Sheffield generating £6,400 rent pa & gross yield of 7.5%.
Please note that this property is for cash buyers only due to the low value
Vesta has access to one other unit in this building
Leasehold information
Length of lease: 250 years
Year lease started: Tbc
Service charge: Tbc
Property information
Located on the 3rd floor
Self-contained student studio apartment comprising:
Double bed with under storage
Wardrobe
Fitted corner seat
Study desk and chair
HD LCD Smart TV
Fully equipped private kitchen
Breakfast bar and stool
Ensuite bathroom
High-speed broadband
The building also has the following tenant facilities:
Lifts
Cycle storage
On-site management team
A social reception area with sofas & pool table
A living & entertainment room with full kitchen
A wellness room for yoga/meditation/prayer
Private study rooms
Gym
Rooftop terrace & garden courtyard
We have been advised that an EWS1 certificate is not required due to the building materials used
EPC rating B
Rental information
Monthly rental income: £533.33
Annual rental income: £6,399.96
Rent is assured for 2 years at £6,400 pa
Location information
The property is 0.6 miles from Sheffield city centre
Both Sheffield University and Sheffield Hallam can be reached in less than 20 minutes on foot
Sheffield railway station can be reached easily either on foot or by public transport
There is a choice of bus stops a short walk from the property
Notes
Please note that Vesta has not visited this property and that the vendor has provided all material.
The photos are not of the exact apartment and are for illustrative purposes only. However, they do represent an apartment in the same building. The floorplan does reflect this apartment.