£77,500
1 bed flat for saleSylvester Street, Sheffield S1
1 bed
1 bath
1 reception
EPC Rating: C
About this property
First floor one bedroom apartment
Tenant in situ paying £700 pcm
Private balcony
Open-plan living kitchen with appliances
Modern shower room with double enclosure
Popular city location
Strong rental demand
Ideal turnkey investment opportunity
An excellent opportunity to acquire a well-positioned one-bedroom apartment in a popular and convenient Sheffield location. Situated on the first floor, this well-proportioned property is offered for sale with a tenant in situ, currently generating £700 pcm, making it an ideal turnkey investment for landlords seeking immediate income.
The apartment offers well-balanced accommodation with the added benefit of a private balcony accessed from both the bedroom and living space, creating an appealing feature for tenants and enhancing the overall lifestyle offering.
Accommodation
The property is accessed via a communal entrance and is located on the first floor. Upon entering the apartment, you are welcomed into an L-shaped hallway which provides access to all principal rooms and offers useful space for storage.
The shower room is fitted with a double shower enclosure along with wash hand basin and WC, creating a practical and modern space suited to low-maintenance living.
The double bedroom is a well-sized room benefiting from sliding patio doors which lead directly onto the balcony. This allows for an abundance of natural light and provides a pleasant outlook, as well as valuable outdoor space.
The living kitchen is open-plan in design and fitted with a range of wall and base units. There is an electric hob and oven, along with space for a washing machine. The living area comfortably accommodates lounge and dining furniture and also benefits from sliding patio doors which open onto the balcony, reinforcing the sense of light and space throughout.
The balcony itself is accessed from both the bedroom and living area, providing a practical outdoor area that is particularly attractive to tenants seeking city-based living with outside space.
Investment Opportunity
The property is currently tenanted and achieving £700 pcm, and will be sold with the tenant in situ. This provides immediate rental income from completion and makes the apartment an ideal addition to an existing portfolio or a straightforward first investment.
Apartments in this location continue to see strong rental demand due to their proximity to the city centre and key amenities, helping to support long-term investment potential.
Parking
Although there is no allocated parking space included within the sale, there is a good provision of parking available nearby, which has proven suitable for current and previous occupiers.
Location
City Walk is conveniently positioned for access to Sheffield city centre and a wide range of amenities. The area is popular with professionals, students, and hospital staff due to its accessibility and convenience.
A variety of shops, supermarkets, and everyday amenities are within easy reach, along with cafés, restaurants, and leisure facilities. Excellent public transport links are available nearby, including bus and tram routes, providing straightforward connections across the city.
The property is also well located for access to the universities and major hospitals, further enhancing its appeal to tenants. In addition, nearby green spaces and riverside walks offer a balance between city living and outdoor leisure opportunities.
Summary
This is a fantastic opportunity to acquire an income-generating one-bedroom apartment in a well-connected Sheffield location. With a tenant already in place, private balcony, and strong rental appeal, the property represents a straightforward and attractive investment opportunity.
For further information or to arrange a viewing, please contact our team.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
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More information
Tenure
Leasehold (131 years)
Service charge
£970 per year
Council tax band
B
Ground rent
£160
Ground rent date of next review



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