Huntsman Lodge, 975 Barnsley Road, Sheffield, S5

Details

CIRCA 7% NET YIELD!! RENEWED 12 MONTH TENANCY IN PLACE UNTIL OCTOBER 2024!

Mr Investa are pleased to present this FULLY MANAGED buy-to-let investment property PRODUCING IMMEDIATE RENTAL INCOME! This is a chance to purchase a superb CORNER POSITIONED two bedroom apartment WITH ALLOCATED PARKING. South-east facing which offers bright and airy living for residents.

This apartment not only offers convenience and potential future growth, but also comes with a reliable tenant in situ, therefore making this an ideal first time investment or an excellent addition to an existing buy-to-let portfolio.

The location is perfect for those commuting around the Sheffield area with excellent public transport links nearby, including easy access to the M1 motorway. The local area has a variety of shops within close proximity, good local schools and Northern General Hospital a short drive away.

In brief the apartment comprises; hallway with intercom system and useful storage cupboard, open plan living and dining kitchen, two well proportioned bedrooms and a bathroom. Allocated parking space.

12 Month Contract Until October 2024

Current Financial Performance Rental Income: £8,700 per annum Service Charge: £1,276 per annum Ground Rent: £175 per annum Lettings Fee 10% + VAT: £1,044 per annum

NET Income: £6,205 per annum NET Yield: 6.9%

Tenure: Leasehold 999 year from 2015

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.