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Studio flat for sale
White Croft Works, Sheffield, S3
£75,000
White Croft Works, Sheffield, S3
£75,000
Our Summary
- Currently tenanted and realising a rental amount of £675pcm, this is the perfect investment opportunity with a net yield of over 8%
- Investment opportunity - Tenant in situ
Description
This charming ground floor studio apartment is situated in the secure and sought-after development of White Croft Works, boasting a designated parking space and intercom access for added security. The spacious living/kitchen area is flooded with natural light through two large windows, and features a modern kitchen with integrated appliances. The bathroom is equally impressive, with a generous shower cubicle and heated towel rail. The property is heated by gas central heating, with a new boiler recently fitted. Located in a fantastic position, close to the city centre, universities, hospitals, and transport links, this apartment is an ideal investment opportunity, currently tenanted and generating a rental income of £675 per month, with a net yield of over 8%. The leasehold property has 107 years remaining, with a ground rent that will increase every 25 years, and a service charge reviewed annually.