£130,000
1 bed flat for saleBank Street, Sheffield S1
1 bed
1 bath
1 reception
EPC Rating: E
About this property
Currently let at £895 pcm (£10,740 per annum)
Attractive 8.26% gross yield at £130,000
Spacious 517 sq ft one-bedroom apartment
Ready-made investment with tenant in situ
Prime sheffield city centre location
Strong demand from professional tenants
Approx. 517 sq ft | Currently Let at £895 pcm | Investment Opportunity
Investment Overview
An excellent opportunity to acquire a modern and well-presented one-bedroom apartment within the popular Liberty House development, ideally positioned in the heart of Sheffield City Centre.
Extending to approximately 517 sq ft, the apartment offers spacious and well-balanced accommodation, appealing to professionals, first-time buyers and investors alike. The property is currently tenanted and generating £895 per calendar month, providing immediate rental income from completion.
Situated on Bank Street, Liberty House benefits from a prime city centre location, within walking distance of Sheffield's business district, universities, transport links, retail amenities and vibrant leisure scene.
Why Buy This Apartment?
Strong Rental Income
The property is currently producing £895 pcm, equating to an annual rental income of £10,740.
Attractive Gross Yield
Based on an asking price of £130,000, the apartment delivers an impressive gross yield of approximately 8.26%, making it an attractive proposition for buy-to-let investors.
Prime City Centre Location
Liberty House occupies a sought-after position in Sheffield City Centre, providing residents with immediate access to shops, restaurants, bars, universities and major employers.
Excellent Tenant Demand
City centre apartments continue to experience strong demand from professionals and graduates seeking convenient accommodation close to work and transport connections.
Spacious One-Bedroom Layout
At approximately 517 sq ft, the apartment provides generous living space compared to many modern city centre one-bedroom properties.
Ready-Made Investment
With a tenant already in situ, investors can benefit from income from day one without the uncertainty of an initial letting period.
Long-Term Growth Potential
Sheffield continues to attract significant investment and regeneration, supporting demand for quality city centre accommodation and underpinning long-term investment prospects.
Location
Liberty House is situated on Bank Street in Sheffield City Centre, placing residents within easy reach of Sheffield Cathedral, Fargate, Leopold Square, the city's retail core and a wealth of cafés, restaurants and entertainment venues. Sheffield Railway Station, the Supertram network and major road links are all readily accessible, making this a highly desirable location for tenants and owner-occupiers alike.
A high-yielding city centre investment opportunity offering immediate rental income, strong tenant demand and an attractive return in one of Sheffield's most established residential locations.
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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£650 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (Ask agent)
Service charge
£1,608 per year
Council tax band
B
Ground rent
£200
Ground rent date of next review



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