Calling all investors Hunters Crookes have this excellent opportunity to acquire this bedroom within one of Sheffield's newest student residents only half a mile from Sheffield University.
This fantastic opportunity is currently let at £99 per week (Inclusive of £15 for utilities). At this level the property will provide a yield of 11%.
ON THE GROUND FLOOR
Having stairs to the upper ground floor.
ON THE UPPER GROUND FLOOR
PRIVATE ENTRANCE LOBBY
PRIVATE ENTRANCE HALL
Having access to each of the bedrooms and communal kitchen and living area.
4.19m (13' 9") x 2.79m (9' 2")
Having a wood effect laminate floor
2.69m (8' 10") X 1.08m (3' 7")
Having a wood effect laminate floor and a aluminium double glazed window.
The ensuite has a corner shower cubicle with mains shower, pedestal wash hand basin and a push button low flush w.c. There is an electric towel radiator and an electric extractor fan. The walls are tiled to the shower and splash back area.
COMMUNAL KITCHEN & LOUNGE 1
The communal lounge and kitchen has a seating and dining area together with an ‘L’ shaped worktop to the kitchen with matching wall cupboards.
COMMUNAL KITCHEN & LOUNGE 2
The current rental income is £99 per week which includes water, electric and broadband. The tenants are responsible for the T.V. licence. There is a fixed management company which charge 12% + VAT.
We understand that the apartments are leasehold on a 999 years lease from 1/1/2012 at a ground rent of £250 per annum.
CENTRAL HEATING AND DOUBLE GLAZING
The property has the benefit of electric heating with panel heaters and the windows throughout are aluminium framed sealed unit double glazed replacement units.