Property description
Belvoir! Sheffield are pleased to offer to the market this two bedroom apartment in purpose built development on Bailey Street, off Trippet Lane. The property benefits from two double bedrooms, one of which is en suite, family bathroom and spacious open plan living area/kitchen. There is allocated, undercroft parking.
The property is currently tenanted on Assured Shorthold Tenancy which expires in July 2015 and therefore would be suitable to investors or owner occupiers.
Location - The property forms part of this modern, city centre development located on Bailey Street, close to West Bar roundabout and just off Trippet Lane. It is ideally placed in the city centre close to West Street and is near to the ring road providing easy access to the motorway network. Both Universities are within walking distance.
Communal Entrance - A secure electronic entrance door leads to the hallway with access to the mail room and stairs/lift to the third floor, where the apartment is located.
Hallway - Laminate flooring
Entry phone
Storage heater
Access to all rooms
Kitchen Area - Modern wall and base units
Electric oven, hob and extractor fan
Tiled splash-backs
Storage cupboard housing water tank
Plumbing for washing machine
Space for fridge / freezer
Wood effect laminate flooring
Living Area - Good sized living space
Continuation of laminate flooring
Large double glazed window
TV point
Storage heater
Bedroom One - Double glazed window with venetian blinds
Storage heater
Good storage
Bedroom Two - Good storage
Double glazed window with venetian blinds
Storage heater
Bathroom - Three piece suite in white
Shower screen
Towel rail
Tiled floor and part tiled walls
En- Suite Bathroom - Tiled flooring and walls
Shower enclosure, toilet and handwash basin
Towel rail
Additional Information - Current Rent: £675
Annualised Rent: £8100
Return on Capital: 14.4% (Assuming 25% cash deposit and an interest only BTL mortgage at 3.5%)
Tenure: Leasehold - 250 years from January 2006
Council Tax Band: B
Service Charge: £1300.00 approx per annum*
Ground Rent: £150 per annum*
* Compared to similar properties in the development
Disclaimers And Advice - All measurements are approximate. None of the services, fittings or appliances (if any), heating installations, plumbing or electrical systems have been tested and no warranty is given as to their working ability.
If you already have or are considering purchasing a property to let, please contact us for specialist advice.
Property Features :
- Two bedroom flat
- Two bathrooms
- City Centre location
- Allocated parking space
- Ideal investment
- No onward chain
- Optional vacant posession
- EPC Rating - B 85