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One-bedroom fourth-floor studio flat, tenanted

Sheffield, S3 - Get Access

1 bed 1 bath

Description

The property comprises a fourth-floor studio flat situated within a purpose-built block arranged over ground and five upper floors. The accommodation includes a studio room and a bathroom. Residents further benefit from a communal gym and laundry room facilities. The property is held on a 195-year lease from October 2016, leaving approximately 185 years unexpired, and is currently subject to a periodic tenancy producing £9,108 per annum at a rent of £759 per calendar month. Situated on a residential road, the flat is located close to local shops and amenities, with the open spaces of The University of Sheffield and Sheffield Hallam University within easy reach. Transport links are provided by West Street tram stop, Meadowhall rail station, and the M1 motorway.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 350 sq ft

This fourth-floor studio flat in a modern purpose-built block was valued by examining local market values for comparable purpose-built developments in central Sheffield. The property presents in good condition with modern fittings and benefits from long leasehold tenure alongside an established rental income.

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