1 bed Flat For Sale £80,000
Upper Allen Street, SHEFFIELD

Guide Price: £80,000 - £95,000

A fantastic cash investment opportunity has arisen to purchase this superb, well-presented, double bedroom, fourth floor apartment, which occupies an excellent position within the prestigious Q4 development on the fringe of the city centre. Enjoying a range of modern fixtures and fittings this property must be viewed to fully appreciate its location, space, and style.

Being sold with a tenant in situ, the property currently achieves a rental income of £525 pcm (£6,300 pa), representing a gross yield in excess of 7%.

In brief, the property comprises a communal entrance, postal room, reception area and a lift and stairs to all floors. The apartment itself consists of a private hallway, a well-proportioned open plan kitchen/living area with Juliet balcony, master bedroom and bathroom. The bedroom benefits from a recessed built-in wardrobe.

Q4 Apartments are ideally located in heart of St Vincent’s Quarter and command an imposing position at the corner of Upper Allen Street and Brocco Street. The city’s retail and business districts, along with the bars, eateries and cafes of Kelham Island are all within a short walking distance. Similarly, the tram system, University lecture halls and Sheffield Teaching Hospitals are all easily accessible on foot.

Ground rent - £300 pa
Service Charge - £808 pa (£202 per quarter)
Lease remaining - 109 years (125 years from 1st Feb 2006)

Call Haybrook today to arrange your viewing of this superb investment opportunity.