This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£90,000
1 bedroom Flat for sale, Furnival Street, Sheffield, South Yorkshire, S1
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Features and Description
- PRIME CITY CENTRE LOCATION
- SOUGHT-AFTER AG1 DEVELOPMENT
- LIFT ACCESS TO ALL FLOORS
- ONE BEDROOM – MODERN DESIGN
- TENANCY IN PLACE £695PCM - 9.2% GROSS
- CLOSE TO UNIVERSITIES & TRAIN STATION
Stylish Tenanted Investment | AG1, Furnival Street
Fixed Price £90,000 | £695pcm Rental Income
A stylish and well-presented one-bedroom apartment situated on the second floor of the ever-popular AG1 development on Furnival Street, offered for sale with a long-standing tenant already in occupation on a rolling tenancy, currently producing £695pcm.
The property presents an attractive opportunity for investors seeking an established rental investment in the heart of Sheffield City Centre, with the added benefit of the first year’s service charge being paid by the seller.
The apartment offers a bright and contemporary open-plan living space, with large windows providing plenty of natural light and a modern fitted kitchen with integrated appliances. There is a well-proportioned double bedroom and a modern bathroom, with neutral décor throughout.
AG1 benefits from secure entry, lift access and professional management, making it a popular choice for city centre residents and an appealing proposition for the rental market.
The Location
Furnival Street is ideally positioned within Sheffield’s vibrant Cultural Industries Quarter, surrounded by independent cafés, bars, restaurants and entertainment venues. Sheffield railway station, Sheffield Hallam University and the city centre are all within easy walking distance, making the location particularly attractive to professionals and students alike.
The Investment
With a long-standing tenant in situ paying £695pcm, this property offers an immediate rental income from completion, avoiding the usual void period and initial letting process associated with vacant investment properties.
Fixed Price £90,000
£695pcm Current Rental Income
Long-Standing Tenant | Rolling Tenancy
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Furnival Street, Sheffield, South Yorkshire, S1
Additional Information
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Property refSCI250273
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EPCB
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TenureLeasehold
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Lease length178 years
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Council TaxA
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Local authoritySheffield City Council
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Ground Rent£150
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Ground Rent ReviewContact the branch
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Service Charge£2,000
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Reeds Rains Estate Agents Sheffield
Reeds Rains Sheffield
B2 Spaces, Pennine Five, Sims Street, Sheffield, S1 4BY
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
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Borrowing £81,000 and repaying over 25 years with a 2.5% interest rate.
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