This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£120,000
2 bedroom Flat for sale, North Bank, Sheffield, South Yorkshire, S3
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Features and Description
- SECURE COMMUNAL ENTRANCE WITH INTERCOM
- ENTRANCE HALLWAY WITH STORAGE
- OPEN PLAN LIVING / DINING / KITCHEN AREA
- TWO BEDROOMS
- BATHROOM
- ALLOCATED PARKING SPACE
- FURNITURE INCLUDED IN THE SALE
- AIRBNB / SHORT TERM LETTINGS PERMITTED.
- READY TO MOVE INTO / TURN-KEY INVESTMENT
For Sale – £120,000
North Bank, Sheffield, South Yorkshire, S3 8JT
Located in the ever-popular Kelham Island / Neepsend area, this well-presented two-bedroom apartment with allocated parking offers an excellent opportunity for both investors and owner-occupiers looking to enjoy one of Sheffield’s most vibrant and fast-growing neighbourhoods.
The apartment is ready to move straight into, with furniture included within the sale, making it an ideal turn-key investment. For landlords, the property is perfectly positioned for the rental market, with similar apartments in the area achieving £800–£850 PCM. Based on the asking price of £120,000, this represents an approximate gross rental yield of around 6.18%, making it an attractive option for investors seeking strong returns.
The property also presents an opportunity for those considering short-term letting, as Airbnb-style lettings are permitted within the development. With the apartment already fully furnished and ready to go, it offers a fantastic plug-and-play option for anyone looking to enter the short-term rental market.
North Bank is ideally situated within walking distance of some of Sheffield’s most popular landmarks and amenities. The thriving Kelham Island district is just moments away, well known for its independent bars, restaurants, cafés, and breweries including the famous Kelham Island Brewery and Cutlery Works food hall. The apartment is also conveniently close to Sheffield City Centre, Sheffield Train Station, and The University of Sheffield, making it a highly desirable location for professionals, students, and visitors alike.
With its prime location, strong rental potential, allocated parking, and furniture included, this property offers a rare opportunity to acquire a ready-made investment or stylish city home in one of Sheffield’s most sought-after areas.
Early viewing is highly recommended.
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.
North Bank, Sheffield, South Yorkshire, S3
Additional Information
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Property refSCI250355
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TenureLeasehold
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Lease length180 years
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Council TaxB
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Local authoritySheffield City Council
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Ground Rent£250
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Ground Rent ReviewContact the branch
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Service Charge£3,092
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Reeds Rains Estate Agents Sheffield
Reeds Rains Sheffield
B2 Spaces, Pennine Five, Sims Street, Sheffield, S1 4BY
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Borrowing £108,000 and repaying over 25 years with a 2.5% interest rate.
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