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Bank Street, Sheffield, South Yorkshire, S1

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 2-bedroom apartment
  • Open-plan kitchen/living area
  • Tenanted – £775 PCM (periodic tenancy)
  • City centre location – S1 postcode
  • Close to universities, shops, transport & Kelham Island
  • For Sale by the Modern Method of Auction
  • Reservation Fees will apply

Description

2-Bed Apartment for Sale
Located in the heart of Sheffield city centre, this spacious two-bedroom apartment in Wharncliffe House offers excellent value for money and strong investment potential. Currently tenanted on a periodic tenancy, the property generates a monthly rental income of £775, delivering a gross yield of approximately 10.9%.

Property Highlights:

Two well-proportioned bedrooms

Open-plan kitchen and living area

Bathroom with three-piece suite

Secure entry system and lift access

Tenanted with no void period – income from day one

£85,500 | Tenanted | £775 PCM Rental Income | Approx. 10.9% Gross Yield
Great Opportunity for Investors or First-Time Buyers

Why Live Here?
Wharncliffe House is ideally located for anyone who wants the convenience of city living. With major landmarks, universities, transport links, and entertainment all within walking distance, it’s perfectly suited for students, professionals, and city centre workers alike.

Nearby Landmarks & Amenities:

Sheffield Cathedral – 2 minutes’ walk

Fargate and The Moor – for shopping, cafes, and restaurants

Kelham Island – vibrant food, drink, and cultural scene

Sheffield Hallam University – 10 minutes’ walk

University of Sheffield – 15 minutes’ walk

Sheffield Train Station – 10-15 minutes’ walk

This apartment offers an excellent opportunity for buyers seeking a well-placed city property, whether you're adding to your portfolio or stepping onto the property ladder.

Enquire now to arrange a viewing.

**** AUCTION TERMS ****

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.


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.

SCI250093/2

Entrance Hall

0 x 0 - A long entrance hallway gives access to the Living space, Bedrooms and Bathroom, as well as housing the airing cupboard and wash machine.

Open Plan Living Room/Kitchen

0 x 0 - With dual aspect windows, the Living Area is a light and bright area, with the kitchen to one wall. Inside contains 2 sofas, coffee table and tv stand.

Bedroom One

0 x 0 - With two windows, this double bedroom is very bright and spacious. It contains a double bed and a wardrobe.

Bedroom Two

0 x 0 - A 2nd double bedroom with two windows making the bedroom bright again. Contains a double bed and a wardrobe.

Bathroom

0 x 0 - A large bathroom with a fitted bath and shower over-head, a WC and pedestal wash-hand basin.

Floorplan

0 x 0

Brochures

Web Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Bank Street, Sheffield, South Yorkshire, S1

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About Reeds Rains, Sheffield City Living

23 Campo Lane, Sheffield, S1 2EG
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

The busy city centre branch of Reeds Rains, Sheffield is managed by Branch Manager Lisa Sharp. Collectively the team have an impressive 45 years experience in the housing market. Managing property postcodes; S1, S2 4, S2 5, S3 7, S3 8, S6 3, S9, S10 1, S10 2 and S11 8.

Dubbed one of the greenest cities in the county, Sheffield is a friendly and happy place to reside. There is a great atmosphere in and around the city and always plenty going on. In terms of socialising, there is a varied and diverse mix of restaurants and bars, with many repurposed mill and industrial style restaurants having sprung up in recent years.

Sheffield is fast becoming the go to city for the best variety of breweries and real ale. The Sheffield Tap accessed via platform 1B of Sheffield station, houses an impressive 23 cask and keg taps and a list of over 200 bottles or why not try recently opened The Bar Stewards pop up style micropub and bottle shop on Gibraltar Street.

In terms of shopping, the city has a wealth of independent boutiques, as well as popular high street stores and of course the famous Meadow Hall. The popular shopping centre is currently undergoing expansion and once complete Meadow Hall will be the fourth largest shopping centre in the United Kingdom.

Escape the hustle and bustle of the city centre with a trip to Winter Gardens or Peace Gardens. Walkers can enjoy the scenery and public green space the area has to offer. Both gardens are incredibly well maintained and are popular with locals and tourists alike.

The Reeds Rains Sheffield team are buy to let and investment specialists. They offer a full and complete service which includes an on-site mortgage advisor. If you are a landlord wanting advice or are ready to purchase a buy to let property and need a management company, then this experienced branch can cater for all of your requirements.

Your mortgage

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Years
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Monthly repayments
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We think you can borrow up to
Add your household income above
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Disclaimer - Property reference SCI250093. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains, Sheffield City Living. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Reeds Rains, Sheffield City Living on 0114 697 3242.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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