£170,000
2 bed flat for saleBank Street, Sheffield S1
2 beds
1 bath
1 reception
EPC Rating: D
About this property
Urrently let at £975 pcm (£11,700 per annum)
Attractive 6.88% gross yield at £170,000
Spacious 720 sq ft first floor apartment
Two-bedroom layout with strong tenant appeal
Ready-made investment with tenant in situ
Prime sheffield city centre location
Ideal addition to any buy-to-let portfolio
First Floor | Approx. 720 sq ft | Currently Let at £975 pcm
Investment Overview
An excellent opportunity to acquire a spacious two-bedroom apartment situated on the first floor of the highly regarded Liberty House development in Sheffield City Centre.
Extending to approximately 720 sq ft, the property offers generous accommodation with broad appeal to professional tenants, couples and sharers. The apartment is currently tenanted and generating £975 per calendar month, providing immediate rental income from completion.
Located in the heart of Sheffield City Centre, Liberty House remains a popular residential development due to its excellent access to employment hubs, universities, transport links, shopping facilities and vibrant leisure amenities.
Why Buy This Apartment?
Immediate Rental Income
The property is currently producing £975 pcm, equating to an annual rental income of £11,700.
Attractive Investment Return
Based on an asking price of £170,000, the property delivers a gross yield of approximately 6.88%, making it an attractive addition to any investment portfolio.
Spacious Accommodation
At approximately 720 sq ft, the apartment offers larger-than-average living space compared to many city centre properties.
Popular Two-Bedroom Layout
Two-bedroom apartments continue to attract strong tenant demand from professional sharers, couples and city centre workers, supporting long-term occupancy levels.
Prime Sheffield City Centre Location
Residents enjoy easy access to shops, restaurants, bars, universities, major employers and Sheffield's extensive transport network.
Established Tenant in Situ
A ready-made investment opportunity with rental income from day one.
Long-Term Growth Potential
Sheffield's ongoing regeneration and strong rental market continue to underpin demand for quality city centre accommodation.
Location
Liberty House occupies a prominent city centre position on Bank Street, placing residents within walking distance of Sheffield Cathedral, Fargate, Leopold Square, the city's retail and business districts, and Sheffield Railway Station. The development remains highly desirable for both tenants and owner-occupiers seeking convenient urban living.
A spacious city centre apartment offering immediate rental income, excellent tenant appeal and an attractive investment opportunity in one of Sheffield's most established residential developments.
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 (Ask agent)
Service charge
£2,239 per year
Council tax band
B
Ground rent
£200
Ground rent date of next review

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