1 bed flat for sale

Priestley Street, Sheffield S2

About This Property

Spacious Studio Apartment – Royal Riverside, Sheffield - For Sale

**Asking Price: £55,000**

Smart Moves Group are pleased to offer this spacious studio apartment, situated within the popular Royal Riverside development in Sheffield.

The apartment offers comfortable living accommodation with appliances included, making it an ideal property for both owner-occupiers and investors. Located in a convenient area, the development provides easy access to Sheffield city centre, local shops, restaurants, shopping facilities and public transport links.

The apartment comprises:

- Entrance hallway
- Spacious open-plan living and sleeping area
- Kitchen area with appliances included
- Bathroom

The property is ideally positioned for access to Sheffield city centre and the surrounding amenities, offering convenience for everyday living.

**The property is currently tenanted at £675.00 pcm**, providing an excellent opportunity for investors looking for a buy-to-let property with an established rental income.

**Property Investment Details:**

- Asking Price: £55,000
- Current Rental Income: £675.00 pcm (£8,100 per annum)
- Ground Rent: £300 per annum
- Service Charge: £2,650 per annum
- Approximate Gross Rental Yield: 14.7%

An excellent opportunity to purchase an investment property in a convenient Sheffield location.