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Studio flat for sale
Howard Lane, Sheffield
£65,000
Howard Lane, Sheffield
£65,000
Our Summary
- Achieving a remarkable gross rental income of £700 per calendar month (£8,400 per annum), this property stands out as an exceptional investment opportunity, boasting a fantastic 12% gross yield
Description
This fifth-floor studio apartment in Sheffield City Centre is an exceptional investment opportunity, offering a remarkable gross rental income of £8,400 per annum and a fantastic 12% gross yield. The property is perfectly situated on the doorstep of Sheffield Hallam University campus, making it an ideal student rental opportunity with high demand and consistent occupancy. With a leasehold tenure, ground rent of £1,080 per annum, and service charge of £900 per annum, this property stands out as a prime investment opportunity. With a remaining lease term of 189 years, it's an outstanding chance to secure a lucrative rental income.