Prime Residential Investment Opportunity - For Sale - generating an income of £99,420 per annum

 

Summary

  • Recently refurbished residential/student accommodation investment
  • Excellent location in the popular student and professional working area of Broomhill
  • Fully let on 6 ASTs
  • Total rental income of £99,420 pa
  • All flats are signed on new ASTs from July 2025 until expiry in Jul 2026
  • Seeking offer in excess of £1,250,000
  • Attractive yield of 7.51%
  • Fixed rental increases to £102,763 pa from Aug 2025
  • 9 car parking spaces
  • Undoubted letting history

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Building - 6 apartments 6,000 557.42 Available
Total6,000557.42
307 Western Bank, Apartment 5 - PHOTO20250128090442 4.jpg

Location

This attractive period property lies within the popular student area of Broomhill in central Sheffield. The property is situated only a short walk from the main University of Sheffield Campus. It is also close to Royal Hallamshire Hospital and local amenities including shops, cafes and pubs.

The property is conveniently located close to the city centre with retail amenities and Sheffield railway station all accessible within 20 minutes on foot. Bus Services on nearby Whitham Road (A57) provide extremely regular services (up to 12 times an hour) between Hillsborough and City & Charnock / Woodhouse.

Get directions from Google Maps

Further Information

Price Offers in excess of £1,250,000

Rates Payable Upon Enquiry

Service Charge n/a

Estate Charge n/a


Description

The two storey detached property is of traditional stone block construction with a slate tile pitched roof.

The building comprises 5 x 2 bedroom recently refurbished apartments arranged across basement, ground, first and second floors.

There is a single storey outbuilding (known as the Coach House), containing an additional 1 bedroom flat.