1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (107 years remaining)
- Ideal investment opportunity
- Sold with tenant in situ
- Fourth floor, double bedroom apartment
- Currently achieving £6,300 pa / 7.5% gross yield
- Close proximity to both Sheffield Universities and Sheffield Teaching Hospitals
- Short walking distance to the city centre and the bars, restaurants and cafes of Kelham Island
- Secure Intercom entry
- Lift to all floors
A fantastic cash investment opportunity has arisen to purchase this superb, well-presented, double bedroom, fourth floor apartment, which occupies an excellent position within the prestigious Q4 development on the fringe of the city centre. Enjoying a range of modern fixtures and fittings this property must be viewed to fully appreciate its location, space, and style.
Being sold with a tenant in situ, the property currently achieves a rental income of £525 pcm (£6,300 pa), representing a gross yield in excess of 7%.
In brief, the property comprises a communal entrance, postal room, reception area and a lift and stairs to all floors. The apartment itself consists of a private hallway, a well-proportioned open plan kitchen/living area with Juliet balcony, master bedroom and bathroom. The bedroom benefits from a recessed built-in wardrobe.
Q4 Apartments are ideally located in heart of St Vincent’s Quarter and command an imposing position at the corner of Upper Allen Street and Brocco Street. The city’s retail and business districts, along with the bars, eateries and cafes of Kelham Island are all within a short walking distance. Similarly, the tram system, University lecture halls and Sheffield Teaching Hospitals are all easily accessible on foot.
Ground rent - £300 pa
Service Charge - £808 pa (£202 per quarter)
Lease remaining - 109 years (125 years from 1st Feb 2006)
Call Haybrook today to arrange your viewing of this superb investment opportunity.
Rooms
Communal Entrance
A secure intercom and video entry system provide access to the main entrance door to the building where a modern reception area and postal room is provided. An inner foyer leads to the lift and stairs which provide access to the fourth floor.
Entrance Hall 3'8" x 16'7" (1.12m x 5.05m)
Moving down the deep entrance hall doors lead off to the shower room, master bedroom and open plan kitchen / living area. The hallway benefits from a stunning deep red Merbau flooring which carries through into the open plan living area.
Open Plan Living/Kitchen Area 16'9" x 10'8" (5.11m x 3.25m)
Generous, open plan living area with a continuation of the rich, deep red, Merbau flooring from the hallway. Spotlights to the ceiling. Wall-mounted electric heater, extractor and aluminium sliding patio window with Juliet balcony. The room benefits from a TV and telephone point as well as a security intercom system with camera. The kitchen itself benefits from modern dark grey wall and base units with a contrasting work surface. Integrated appliances include an electric oven, hob and dishwasher.
Bedroom 13'3" x 7'9" (4.04m x 2.36m)
Neutral decoration throughout with light colour carpet to the floor. Japanese-style glass room dividers optimise space within the bedroom and provide a softer feel to the room. Recessed, fitted, wardrobes provide ample hanging and storage space whilst further glass screening discreetly conceals a built-in washer dryer and utility cupboard. Wall-mounted heater.
Bathroom 4'6" x 7'5" (1.37m x 2.26m)
Brightly lit bathroom with recessed spotlights to the ceiling. Tiled walls throughout with newly fitted wood-effect flooring. Full room-width walk-in shower enclosure with frameless glass screen and mains fed shower over. Concealed cistern, dual flush WC. Floating hand-wash basin and chrome, upright, heated towel radiator.
Valuer
Simon Riley
Disclaimer
Haybrook Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Haybrook Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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