2 bedroom apartment for sale

£180,000

2

Bedrooms

2

Bathrooms

Floorplan

Belvoir Sheffield are delighted to present this spacious second-floor two-bedroom apartment in a stunning Grade II listed building. Located in the heart of the city, the property features two generous bedrooms, an open-plan living and kitchen area with a stylish island, two bathrooms, and access to a shared private courtyard.

This stunning apartment offers spacious and modern living in one of Sheffields most sought-after city centre locations, just moments from the vibrant Leopold Square. Perfectly positioned for professionals, first-time buyers or investors, the property is offered with no onward chain, vacant possession, and is priced for a quick sale.

The accommodation begins with a generous entrance hallway, complete with an intercom system and a large storage cupboard that houses the water cylinder and washing machine. From here, you enter a beautifully bright and airy open-plan living and dining area, where three windows flood the space with natural light. The modern kitchen is both stylish and practical, featuring a central island and a full range of integrated appliances, including a fridge, freezer, oven, hob with extractor, and a dishwasherideal for both entertaining and everyday living.

The spacious master bedroom benefits from a sleek en-suite shower room with an enclosed shower, WC, and sink. A second double bedroom provides flexible accommodation, perfect for guests, sharers or working from home. A contemporary family bathroom, complete with bath, WC and washbasin, completes the interior space.

Residents also have access to a private shared courtyarda peaceful outdoor area that offers a welcome retreat from the bustle of city life.

This fantastic location puts you just a short walk from West Street, Division Street, and the citys best cafes, bars, restaurants, and shops. Sheffields universities, hospitals, and cultural attractions are all close by, as are excellent transport links including the Sheffield SuperTram, train station, and easy access to the M1 motorway.

Dont miss this rare opportunity to secure a beautifully presented, chain-free apartment in the heart of the city. Early viewing is highly recommended.

EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 129 years 3 months,

Map location is not available for this property.

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

£ 142200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 4500
  • 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

£ 7200
  • 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

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£
  %

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

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  %

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

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