Studio for sale

Mandale House, 30 Bailey Street, S1 4AB

0114 446 9362

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Studio

0 bed

1 bath

EPC rating: B*

322 sq ft / 30 sq m

Key information

Tenure: Ask agent

Council tax: Ask agent

Broadband: Ultra-fast 1000Mbps *

Mobile signal:

EE O2 Three Vodafone

Water: Ask agent

Heating: Ask agent

Electricity: Ask agent

Sewerage: Ask agent

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Property description & features

Studio apartment
Furnished
Allocated under cover parking
Balcony
Devonshire Quarter
9% rental yield
Cash buyers only
Buy to let opportunity
Currently let at £675pcm
Excellent location

Offered for sale to cash buyers is this excellent buy to let opportunity. Currently let at £675pcm and therefore achieving a 9% yield which is sure to prove attractive. The property is let on a assured short hold tenancy until 18th March 2024 and is to be sold FULLY FURNISHED with the tenant in situ. The attractive studio apartment has a balcony and an allocated parking space.

Mandale House is set on Bailey Street away from a lot of the noise and hustle of the City and yet is only minutes away from everything going on. With lively bars, restaurants close by, as well as being ideally placed for Sheffield University, Hallamshire Hospital and excellent public transport links including the Supertram.

The property is only suitable for cash buyers due to the EWS1 B2 rating
The property is leasehold with a 125 year lease from 2006
The ground rent is £385.56 per year.
The service charge is approximately £1545 per year.

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Places of interest

Sheffield City Living - Sheffield

13 Westfield Terrace Sheffield S1 4GH

0114 446 9362

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What is your home worth?

We first opened our doors in 2006 and the business has flourished through offering an excellent service to clients based on an in-depth knowledge of the local property market, a flexible, friendly approach and good old fashioned hard work. We initially started the business as we are landlords ourselves, we specialised in the City Centre managing many of the new build apartments that sprung up across Sheffield. Since then the business has grown organically across the wider Sheffield region and we now offer a full sales, lettings and management service across all areas of the City. We are extremely passionate about what we do and with over 100 years of combined property experience between us we are well placed to assist you, whether that is helping you to find you’re first apartment, managing your investment property or selling your house in the suburbs. We would love to hear from you. Please feel free to call us, drop us an email or pop in for a coffee and a chat.

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*DISCLAIMER

Property reference 100695001656. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sheffield City Living - Sheffield.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area: obtained on March 20, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.