£125,000

2 bed flat for sale

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Leasehold

Offers over

£125,000

2 bed flat for sale

West Point 58 West Street, Sheffield S1

2 beds
1 bath
EPC rating: C

Key Information

Tenure:
Leasehold (130 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Springfield Primary School 0.3 miles
  • Netherthorpe Primary School 0.4 miles
  • Sheffield 0.5 miles
  • Darnall 2.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Sheffield to find out more about the local area.

Features and description

  • Leasehold
  • Cash Buyers Only
  • Service Charge ?84 pcm
  • Ground Rent ?10 pcm
  • Lease Term - 130 Years
  • City Centre Location
  • Estimated Yield 8%
  • Lift Access
This 2-bedroom apartment in Sheffield's bustling centre presents an irresistible opportunity for both first-time buyers and savvy investors alike. Cash buyers only!

For first-time buyers, this property serves as an ideal starting point on the housing ladder, offering a comfortable and modern living space in a vibrant urban setting. With its prime location and urban charm, it provides an exciting introduction to city living. The open-plan layout, complete with a charming balcony, creates a welcoming atmosphere for young professionals or couples looking to establish their first home.

Investors will be particularly drawn to the estimated 8% net yield, promising a lucrative return on investment. The appeal of this property lies not only in its location but also in its potential for generating consistent rental income. With two bedrooms, including a master bedroom with an ensuite, and a smaller versatile bedroom, there's flexibility to attract a range of tenants, from young professionals to small families or even students.

The proximity to cultural attractions like the Millennium Gallery and Peace Gardens adds to the appeal. With Sheffield's thriving cultural scene and excellent transport links, the property holds promise for long-term capital growth, making it an attractive proposition for investors seeking to expand their portfolio in a dynamic city centre.

This 2-bedroom apartment offers a compelling opportunity for first-time buyers to embark on their homeownership journey and for investors to secure a profitable asset in Sheffield's vibrant real estate market.

Please note that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

To secure this property in accordance with our Terms & Conditions, upon acceptance of the offer, the buyer is required to pay a non-refundable Reservation Fee of ?420 inc VAT, which is separate from the purchase price.

All cash buyers will be requested to indemnify searches and surveys as a requirement in accordance with our terms and conditions.

Upon acceptance of the offer, the allocated solicitor will be formally instructed to manage the sale process on behalf of the purchaser, ensuring a smooth and efficient transaction.

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  1. Zoopla
  2. For sale
  3. South Yorkshire
  4. Sheffield
  5. Sheffield City Centre
  6. West Street

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