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Pearl Works, Howard Lane, Sheffield, S1 2FT

Offers in Region of
£55,000
Reduced on 28/09/2020
Hunters, Sheffield
PROPERTY TYPE
Studio
BATHROOMS
x1

Property description

PEARL WORKS, HOWARD LANE, SHEFFIELD, S1 2FT

Hunters are pleased to bring to market a portfolio of 7 Studio apartments available for investment, the apartments are conveniently located a stones throw away from the Sheffield Hallam University City Campus on Arundel Gate. They are also well positioned for access to Sheffield Train Station and the heart of the city and would make an ideal investment for someone looking to add to their property portfolio. Available as single purchase or multiple purchasers these are not to be missed, currently generating £130 or £133 PW per apartment Incl. utilities or 10.4% gross if purchased for the asking price.

Each Studio has a living area, with kitchenette that comprises a range of wall and base units with a stainless steel sink unit, 2 ring electric hobs, microwave ovens and an under counter fridge. There is also a built-in wardrobe and fitted desk unit & double bed. While apartments 101 to 106 have en suite shower rooms with a W.C, wash hand basin and walk in shower and apartments 107 & 207 have walk in wet rooms with a W.C and wash hand basin. Peal works also has a pay as you go laundry room and a mini supermarket to the ground floor.

OVERVIEW OF APARTMENT RENTS
Apartment 101 - £ 130.00 per week
Apartment 102 - £ 130.00 per week
Apartment 103 - £ 130.00 per week
Apartment 104 - £ 130.00 per week
Apartment 106 - £ 130.00 per week
Apartment 107 - £ 133.00 per week
Apartment 207 - £ 133.00 per week

SERVICE CHARGES
£ 1,133.78 for apartments 101 to 106

£1,327.52 for apartments 107 & 207

GROUND RENT
£650.00 per property annually

Lease length 200 years from 2013.

Energy Performance Certificates

EPC

Pearl Works, Howard Lane, Sheffield, S1 2FT

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cathedral Tram Stop0.3 miles
  • Sheffield Tram Stop0.3 miles
  • City Hall Tram Stop0.3 miles
Mortgages
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Market information
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About the agent

Hunters, Sheffield

546 Ecclesall Road Sheffield S11 8QA

Hunters, Sheffield

Hunters started in 1992, founded on the firm principles of excellent customer service, pro-activity and achieving the best possible results for our customers. These principles still stand firm and we are today one of the UK's leading estate agents with over 200 branches throughout the country. Our ambition is to become the UK's favourite estate agent and by keeping the customer at the very heart of our business, we firmly believe we can achieve this.

WHAT MAKES US DIFFERENT TO OTHER AGE

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Industry affiliations

Association of Residential Letting AgentsNational Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

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Disclaimer - Property reference SHESP99326725. 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 Hunters, Sheffield. 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.

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