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.
£90,000
1 bedroom Flat for sale, West Bar, Sheffield, South Yorkshire, S3
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Features and Description
- SOLD AS SEEN WITH TENANT AND FURNISHINGS
- LOVELY ONE BEDROOMED APARTMENT
- BEING SOLD AS A TENANTED INVESTMENT
- INCOME GENERATING £795 PCM
- YIELDING AT 8% GROSS
- EWS1 COMPLIANT - cert available
- PLEASE ALLOW 48 HOURS FOR VIEWINGS
TURNKEY INVESTMENT OPPORTUNITY
THE FITZGERALD | 1 WEST BAR | SHEFFIELD
TENANT IN SITU • FULLY FURNISHED • £835 PCM RENTAL INCOME
A ready-made investment with the hard work already done.
If you're looking for a straightforward, income-producing property investment, this well-presented one-bedroom apartment at The Fitzgerald offers the opportunity to acquire a property that is already tenanted, furnished and generating £835 pcm.
There is no need to find a tenant, furnish the apartment or wait for rental income to begin — this investment is ready to go from day one.
WHY THIS INVESTMENT?
TENANT IN SITU – £835 PCM
FULLY FURNISHED – FURNISHINGS INCLUDED
TURNKEY INVESTMENT OPPORTUNITY
ONE-BEDROOM CITY APARTMENT
PRIME WEST BAR LOCATION
STRONG APPEAL TO PROFESSIONAL TENANTS
LOW-HASSLE ADDITION TO A PROPERTY PORTFOLIO
CITY CENTRE LIVING ON THE DOORSTEP
THE PROPERTY
The Fitzgerald is a popular modern development positioned within West Bar, an increasingly sought-after area on the edge of Sheffield City Centre.
The apartment provides well-planned accommodation with a contemporary feel, making it ideally suited to the professional rental market.
The accommodation comprises:
SPACIOUS DOUBLE BEDROOM
A comfortable double bedroom with plenty of room for bedroom furniture.
CONTEMPORARY BATHROOM
A modern bathroom fitted with a suite and shower over bath.
OPEN-PLAN LIVING & KITCHEN
A bright and practical living space incorporating a modern kitchen with integrated appliances — creating an easy, low-maintenance home for the current tenant.
AN INVESTMENT WITH INCOME FROM DAY ONE
For investors, the real attraction is the simplicity.
With a tenant already in situ paying £835 pcm and the furnishings included within the sale, the next owner can step straight into an established rental investment without the usual costs and uncertainty associated with bringing an empty property to market.
That's £10,020 potential gross rental income per annum, before applicable ownership and management costs.
WEST BAR | A LOCATION WITH MOMENTUM
West Bar has become an increasingly popular choice for professionals wanting the convenience of city living while remaining close to the wider amenities and transport network.
With Sheffield City Centre, restaurants, bars, shops, transport links and major employment areas all within easy reach, the location provides the ingredients investors look for when targeting the professional rental market.
THE BOTTOM LINE
A tenant. Furnishings. Rental income. Prime city location.
This is an opportunity to acquire a ready-to-rent, income-producing apartment without the usual start-up hassle.
Whether you're looking to add another property to an established portfolio or are considering your first investment, The Fitzgerald offers a simple route into Sheffield's city-centre rental market.
INTERESTED?
Contact Reeds Rains City Living today to arrange further information or discuss this investment opportunity.
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.
West Bar, Sheffield, South Yorkshire, S3
Additional Information
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Property refSCI260300
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EPCC
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TenureLeasehold
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Lease length116 years
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Council TaxB
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Local authoritySheffield City Council
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Ground Rent£200
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Ground Rent ReviewContact the branch
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Service Charge£1,430
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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
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Monthly payment
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Borrowing £81,000 and repaying over 25 years with a 2.5% interest rate.
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