Mandale House, Bailey Street, Sheffield, S1 4AB

Description Currently let for £750pcm until June 2020 this property may make an ideal purchase for an investor looking to purchase a property with a tenant in place and generating income form day 1. The property is in a great location with allocated parking.

Enjoying a great position close to the busy Devonshire Quarter and yet set slightly away from the hustle and bustle of the main road is this fantastic 2 double bedroom apartment. Enjoying a pleasant City outlook and having the benefit of an allocated parking space included within the price, the apartment would be ideal as a buy to let investment having a tenant in place until June 2020 with a monthly rent of £750pcm giving a healthy yield of 7.2%.

The Devonshire Quarter makes an ideal location for a buy to let investment with Sheffield University and Hallamshire Hospital either within the area itself or within close proximity. The area is also the place to go to enjoy Sheffield's varied nightlife with popular bars, restaurants, eateries and coffee shops filling he commercial premises within the area, which is a real pull to potential tenants. Excellent public transport links run through the area including the Supertram with access to Railway Station, Meadowhall and further afield. The area really does have something for everyone.

The apartment is set on the second floor and briefly comprises; a spacious entrance hallway with wood effect flooring, neutral decor, ceiling light point and electric storage heater. A door opens to the open plan living space with large almost floor to ceiling double glazed window with pleasant City views. The room opens to the kitchen with wall and base units with wood finish, inset stainless steel sink and drainer, built in oven hob and extractor, tiled splash back, space for washing machine, and free standing fridge freezer and a cupboard housing the hot water cylinder. Both bedrooms are doubles with large double glazed windows with the master having an en-suite shower room, with shower cubicle, W.C. Wash hand basin and heated towel radiator. The main bathroom has a bath and shower above, wash hand basin and W.C. The property has an allocated parking space which is set underneath the development and is not currently part of the existing rental agreement.

The property is Leasehold with a 125 year lease from October 2006
Ground rent - £330.96
Service charge - We have been advised the yearly service charge is approximately £1800

Viewing
Please contact us on 0114 241 8050 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
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