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Our Summary
- Cash buyers only
- Offered for sale to cash buyers is this excellent buy to let opportunity
- The property is only suitable for cash buyers due to the EWS1 B2 ratingThe property is leasehold with a 125 year lease from 2006The ground rent is £385
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Description
This is a buy-to-let opportunity for cash buyers, currently let at £675 per month and yielding 9%. The property is fully furnished with a tenant in situ until March 2024, has a balcony, and an allocated parking space. Located on Bailey Street, it is minutes away from Sheffield University, Hallamshire Hospital, and public transport links, yet away from the noise of the city.
Due to the EWS1 B2 rating, the property is only suitable for cash buyers, and the leasehold property has a 125-year lease from 2006 with a ground rent of £385.56 per year and a service charge of approximately £1545 per year.