Name: 1 bedroom Flat for sale, Sheffield, South Yorkshire, S3
Brand: Reeds Rains
SKU: SCI230056
Price: 50000 GBP
Availability: InStock

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Key Features

Council Tax: Sheffield City Council Band A

Tenure: Leasehold. 118 year lease

Current ground rent (per annum): £450.93

Maintenance charges (per annum): £2,002.00

CITY CENTRE STUDIO LIVING
SOLD WITH TENANT IN RESIDENCE
CONCIERGE ON SITE
TENANTS FACILIITIES:
LAUNDRY ROOM (PAYABLE SEPARATELY)
GYM, ENTERAINMENT SUITE, ROOF TERRACE
TENANCY TILL 2/9/2024
INCOME £147 PER WEEK

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Property details

TENANTED STUDIO AVAILABLE GENERATING INCOME!

A great studio has just come available in this city centre block at West Bar House. The accommodation is located on the 4th floor and is well presented.

The studio comprises: Shower room with shower enclosure, wash basin and w.c.

The living space is open plan having a large window, bedroom fitted with double bed, wardrobe and storage, the kitchen has a small cupboard arrangement with microwave, fridge and small hob.

The tenants facilities are plentiful in this development and offer, a laundry room (payable separately) gym, entertainment suite, bike store and a fabulous 2nd floor roof terrace for use by all residents.

The development is well managed by Urban Student Life and has a concierge service and reception area to welcome the residents.
We understand that they charge 8% plus VAT for management.

Urban Student Life are the current managing agents and we would recommend speaking to them direct for details of their rental management packages.
The income generated is £147 per week and the current tenant is in residence until 10th September 2024.

** VIEWINGS: As this property is tenanted and managed onsite, viewings are only available Monday to Friday, we must provide minimum 48 hours notice **

IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

EPC

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

Potential

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

Stamp Duty

Use our calculator to see how much Stamp Duty you may pay if you buy this property.

Interested in this property?

Reeds Rains Sheffield Estate Agents

0114 276 3252

sheffield@reedsrains.co.uk

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This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment with our partners, Embrace Financial Services to receive mortgage advice suitable for your needs and circumstances. The data entered into the mortgage calculator must be accurate and up-to-date.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.