Property description
Belvoir! are pleased to offer this one bed fourth floor flat located in the well managed Q4 apartment block. The property is offered subject to an existing tenancy and will include the furnishings. Briefly comprising, double bedroom, modern bathroom with shower and open plan living space, the flat will suit an investor looking to expand their portfolio.
Location - Located in a modern apartment block on the outskirts of Sheffield City Centre, this property is ideally located within walking distance of the City Centre, the inner ring road, Shalesmoor tram stop and bars, restaurants and shops on West Street and the fashionable Devonshire Quarter. The University of Sheffield is within walking distance making it an attractive investment for buyers wanting to rent to students or young professionals or first time buyers who want to live and work in the city. The property is offered with no onward chain.
Communal Hallway - Electronically accessed entrance door
Access to post room and lifts to all floors
Private Entrance - Long hallway with access to all rooms
Tastefully decorated
Laminate wood effect flooring
Utility cupboard housing water tank and washing machine
Living Area - Tastefully appointed
Light and airy space with large windows
Electric heater
TV point
Wood effect laminate flooring
Telephone intercom system
Balcony
Kitchen Area - Modern matching fitted wall and base units in grey
Wood effect worktops
Integrated electric hob, oven and extractor fan
Continuation of laminate flooring
Bedroom - Good size double bedroom
Fantastic floor to ceiling wardrobes
Tastefully decorated
Good storage space
Neutral carpet
Shower Room - Good sized shower room
Fully tiled including the floor
Toilet and sink in white with a walk in shower
Useful recessed shelves
Electric towel heater
Additional Information - Current Rent: £500 pcm
Annualised Rent: £6000
Return on Capital: 17% (assume 25% cash deposit and an interest only BTL mortgage at approx 3.5%) before service charges and management charges
Tenure: Leasehold until 2133
Service Charge: £580 per annum *
Ground Rent: £300 per annum *
Council Tax Band: A
Approximate Size: 33 sq m
* As advised by the vendors
Property Features :
- One bedroom
- Third floor
- Walk in shower
- Close to University
- Walking distance to tram and bus stops
- Balcony
- Investment property
- EPC Rating - C 76