£79,000
Studio for saleWhite Croft Works, Sheffield S3
1 bath
EPC Rating: C
Chain free
Leasehold
About this property
No Onward Chain
Investment opportunity - Tenant in situ
One designated parking space
New Boiler
Secure intercom entry
Fantastic Location
Close To City Centre
Close To University And Hospital
Description
This beautiful ground floor studio apartment complete with one designated parking space in the secure car park, is situated in White Croft Works, a lovely development sympathetically restored to make the most of the original building and features.
The courtyard is accessed through electric gates and the apartments do have intercom access making this a very safe and secure development.
The living / kitchen area is a good size and two large windows which allow lots of natural light into the apartment.
The kitchen has a range of modern, built in units, an integrated hob, oven and extractor.
The bathroom is spacious having a generous shower cubicle and heated towel rail. Being part tiled with a tiled floor, it gives it a very modern and light feel to the room.
Heating throughout the studio is gas central and a new boiler has recently been fitted.
This really is a fabulous property in a fantastic location - Close to the city centre, universities, hospitals and within walking distance of Kelham Island, it is also close to all transport links and the motorway network.
Currently tenanted and realising a rental amount of £675pcm, this is the perfect investment opportunity with a net yield of over 8%.
Council Tax Band: A (Sheffield City Council)
Tenure: Leasehold (107 years)
Ground Rent: £150 per year (reviewed every 25 years)
Service Charge: £769.84 per year (reviewed every 1 years)
Lease expires 01Jan2132 - Lease is 125 years from Jan 1st 2007
The ground rent is presently £150 per annum until 31st December 2032 when it will double to £300 on 1st January 2033 and it will continue to increase every 25 years. (£150, £300, £450, £600 respectively).
This beautiful ground floor studio apartment complete with one designated parking space in the secure car park, is situated in White Croft Works, a lovely development sympathetically restored to make the most of the original building and features.
The courtyard is accessed through electric gates and the apartments do have intercom access making this a very safe and secure development.
The living / kitchen area is a good size and two large windows which allow lots of natural light into the apartment.
The kitchen has a range of modern, built in units, an integrated hob, oven and extractor.
The bathroom is spacious having a generous shower cubicle and heated towel rail. Being part tiled with a tiled floor, it gives it a very modern and light feel to the room.
Heating throughout the studio is gas central and a new boiler has recently been fitted.
This really is a fabulous property in a fantastic location - Close to the city centre, universities, hospitals and within walking distance of Kelham Island, it is also close to all transport links and the motorway network.
Currently tenanted and realising a rental amount of £675pcm, this is the perfect investment opportunity with a net yield of over 8%.
Council Tax Band: A (Sheffield City Council)
Tenure: Leasehold (107 years)
Ground Rent: £150 per year (reviewed every 25 years)
Service Charge: £769.84 per year (reviewed every 1 years)
Lease expires 01Jan2132 - Lease is 125 years from Jan 1st 2007
The ground rent is presently £150 per annum until 31st December 2032 when it will double to £300 on 1st January 2033 and it will continue to increase every 25 years. (£150, £300, £450, £600 respectively).
More information
Tenure
Leasehold (107 years)
Service charge
£770 per year
Council tax band
A
Ground rent
£150
Ground rent date of next review
.png){kind=logo}