Studio flat for sale

Bells Court, 26 Bailey Street, Sheffield, S1 4EH

£83,500

Property Description

Key features

  • Beautifully Converted Urban Warehouse
  • Short Walking Distance to the Tram
  • Large Studio Apartment
  • Currently Tenanted Until October 2019
  • Contemporary Eco Friendly Living
  • Walking Distance to City Centre
  • Easy Access to Both Sheffield Universities

Full description

This high end studio apartment is fitted and furnished to the highest level, including a fully fitted en-suite with a contemporary shower.

The development was built with eco-friendly features which lower energy bills and enhance rental income for an investor. It proved to be a very popular development with the units completely sold out within two months of completion.

Built in Sheffield's historic old town, the development is a modern complex converted from a two-storey urban warehouse block. It comprises of 29 luxury studios ideal for both owner occupiers and investors looking to rent to students or professionals.

In the heart of Sheffield city centre, residents can enjoy local amenities which include a diverse range of bars, restaurants and shops only a few minutes away on foot.

The Supertram is less than 200 metres from the site which provides easy access to other areas of the city whilst Sheffield Train Station, less than a 15 minute walk away, has direct links to major cities such as London and Manchester.

Over the last five years Sheffield has developed into a modern investment destination, with the population is expected to balloon by almost 15% by 2035, and the economy on an upward trajectory having grown 2% year-on-year for the last decade.

Financial Breakdown

Gross rent: £5,760
Ground rent: £250
Service charge: £723
Lettings fees: £553
Net income: £4,234
Gross yield: 6.9%
Net yield: 5.07%

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.



yieldit ref: YL-0567


Listing History

Added on Rightmove:
01 June 2018

Nearest stations

  • City Hall (0.1 mi)
  • West Street (0.2 mi)
  • Cathedral (0.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

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Map & Street View

Nearest stations

  • City Hall (0.1 mi)
  • West Street (0.2 mi)
  • Cathedral (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference YL-0567. 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 yieldit, Manchester. 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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