0 bed Block of flats (for sale) West Bar Green, Sheffield S1

£1,700,000
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London Property Zone
Britannia House, 1-11 Glenthorne Road, London
020 3478 3495
First Published

4th Mar 2021

Last Published

4th Mar 2021

 

Features

  • Type: Block of flats
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Newly refurbished, fully let 18x studios plus ground floor retail in central Sheffield.
(Another 9x studios available next year via separate agreement).
18 studios will be let on ASTs from Jan 2021.
Current income achieved is £155k pa from studios.
Additional income from retail expected to be around £20k pa
Approx. Running cost £34k pa.
Sold at 8% net yield.

Freehold building. Further details on request.

 

Local info for S1

Floor plan

 

Property Value Data/Graphs for S1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 84.4% £126,739 1.3 1.1
Studio 12.8% £65,082 0.1 0.9
Other 2.2% £137,950 1.3 0.5
Terraced house 0.6% £170,000 3 3

Area Information

Average Price Paid

£128,664

Sales

870

Current Average Value

£119,350

Value Change

£9,314 7.8%

 

Current Asking Prices in S1 Average: £119,350

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £73,738 (4) £170,000 (2) £170,000 (1) - -
Flats £112,878 (112) £163,387 (39) £249,950 (1) - -
All £111,528 (116) £163,710 (41) £209,975 (2) - -

Nearby Properties

0 bed Block of flats () West Bar Green, Sheffield S1 £1,800,000
0 bed Block of flats () West Bar Green, Sheffield S1 £1,800,000
0 bed Block of flats () Westbar Green, Sheffield S1 £1,800,000
0 bed Block of flats () West Bar Green, Sheffield S1 £1,800,000
0 bed Block of flats () West Bar Green, Sheffield S1 £1,800,000
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