2 bedroom penthouse for sale

£220,000 Offers in excess of

2

Bedrooms

2

Bathrooms

Belvoir Sheffield are delighted to present this exceptional 9th-floor, larger-than-average two-bedroom penthouse apartment, offering stunning city views and a unique opportunity for buyers.Located in the sought-after development of West One, this spacious apartment features two generously sized bedrooms, an expansive open-plan living and kitchen area, including a stylish kitchen island, two private balconieswith panoramic cityscape views and an allocated parking space.

With a potential rental income of1,300+ per month, this property is ideal for both owner-occupiers seeking city-centre living and investors looking for strong returns. Dont miss the chance to secure this rare penthouse opportunity in the heart of Sheffield.

''Early viewing is advised''

This stunning apartment offers spacious, modern living in a sought-after development in the heart of Sheffield. The accommodation includes a generous entrance hall with an intercom handset and a storage cupboard housing the water cylinder. The bright and airy open-plan living/dining area boasts large windows and patio doors leading to a sizable private balcony with breathtaking city views. The stylish kitchen features a central island and a full range of integrated appliances, including a fridge-freezer, oven, hob with extractor, newly installed dishwasher and washing machine.

The master bedroom benefits from a walk-in wardrobe, private balcony access with impressive views, and a sleek en-suite shower room. A second double bedroom and a contemporary family bathroomwith bath, W.C. and sink complete the accommodation. One under croft allocated parking space is included within the sale.

Recent upgrades from the sellers includeWi-Fi controlled electric heaters, new towel rails in the bathrooms, new flooring in the living area and upgraded air ventilation system.

This popular development benefits from 24-hour concierge, secure entry system, and landscaped communal gardens.

Located just minutes from West Street and Division Street, the apartment is ideally placed for access to bars, restaurants, shops, universities, hospitals, and excellent transport links including the Sheffield SuperTram, train station, and the M1 motorway.

EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 128 years 11 months,

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 173200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 5500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 8200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message