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Apartment 5, Porterbrook 2, 3 Pomona Street, S11 8JG

PROPERTY TYPE

Flat

BEDROOMS

1

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

  • Modern building regs, electric heating and double glazing combine to produce an excellent EPC rating of C77.
  • Tenure: Leasehold with 182 years remaining. Service Charge: £1,800 per annum. Ground Rent: £150 per annum.
  • Located in excellent proximity to Ecclesall Road and the City Centre.
  • 1x Allocated parking space in secure undercroft parking area.
  • Private balcony off of the living area through French Doors.
  • Ideal investment purchase with tenant in situ.
  • Rental Yield of approximately 7.05%.
  • Close to local bus routes and walking distance to City Centre.
  • Offered 'For Sale' with tenant in situ.

Description

A one-bedroom, second floor apartment in the vibrant Porter Brook area, with fantastic links to the City Centre alongside the extensive array of bars, restuarants and shops along Ecclesall Road.
Offered For Sale with a tenant in situ, this is the perfect opportunity for a Landlord looking to expand their portfolio.

Description - Located within the Porterbook development, Apartment 2 is the ideal opportunity for a landlord looking to expand their portfolio, with a tenant in situ.
The property benefits from a modern, open plan kitchen, dining and living area, with access via French Doors to a private balcony. One double bedroom serves the property alongside a sizeable bathroom, complete with three piece suite, and heated towel rail. Architectural speaking, the Porterbook Development offers something a little different to standard, with curved walls internally creating a talking point amongst guests. Within the entrance hallway, a conveniently placed storage cupboard is located housing the hot water cylinder and washing machine. Consistent safety of residents is accounted for in the building, thanks to a secure key fob access.
The current tenant pays £750 per calender month (excluding bills), providing an approximate Net rental yield of 7.05%.

*PLEASE NOTE THAT THIS PROPERTY IS BEING SOLD WITH A TENANT IN SITU*

The Location - Porter Brook has seen an revival in recent years following the regeneration of the area. Located on Pomona Street, the Porterbook Apartments development offers modern living just a stones throw from Sheffield City Centre and the well-regarded area of Ecclesall Road. Considering the location, local bus routes both in the the City and out towards the Peak District are offered on your doorstep, allowing for the property to be an atractive prospect for those needing to travel further afield from Sheffield.

Important Information - Anti-Money Laundering (AML) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers. To cover the cost of this process, a fee of £30 inc VAT per buyer is payable when your offer is accepted. This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.

Brochures

Apartment 5, Porterbrook 2, 3 Pomona Street, S11 8
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Covered,Allocated
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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Apartment 5, Porterbrook 2, 3 Pomona Street, S11 8JG

Approximate location

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Affordability

Monthly repayments£476
Property: £ 100,000
Deposit: £ 10,000
Interest rate: 4.86%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Eadon Lockwood & Riddle, Banner Cross

888 Ecclesall Road Banner Cross SHEFFIELD S11 8TP
Industry affiliations:

Sales and Lettings agents covering Sheffield, Derbyshire, Rotherham and Doncaster.

For over 180 years, Eadon Lockwood & Riddle has helped generations move forward with confidence.

As the area’s longest-established independent estate agent, we pride ourselves on combining good traditional values with modern techniques to deliver the very best service. Whether you are buying, selling, letting or seeking expert advice, our experienced team is here to guide you.

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Disclaimer - Property reference 34920546. 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 Eadon Lockwood & Riddle, Banner Cross. 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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