Q4 Apartments, Upper Allen Street

Overview

***CASH BUYERS ONLY***
Hunters Hillsborough are delighted to present a ready made investment opportunity to purchase a 3rd floor luxury one bedroom apartment in the Q4 Development, sold fully furnished with a tenant in situ. A new 6-month AST has just been signed with the ongoing tenant for £600pcm for rent alone. All other costs - utilities, council tax, landline etc are met by the tenant. Offering an 8% yield, Q4 appeals to both students and professional occupants. This modern development commands an imposing position at the corner of Upper Allen Street and Brocco Street. Ideally placed for the Sheffield City's amenities including the Supertram Network system, the University of Sheffield and the many shops, bars and restaurants. Entry into the building via secure intercom into the communal entrance with access to stairs and lifts to all floors. Entrance hallway with handy storage cupboard, bathroom with bath, shower over bath, sink basin and W/C. Double bedroom with built in wardrobes. Spacious open plan lounge, kitchen diner with floor to ceiling windows across two walls. The kitchen area has a good range of wall and base units with a built-in electric oven, hob, fridge, freezer and dishwasher.
Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 109
Ground Rent: £300 per year
Service Charge: £808 per year
General Remarks - GENERAL REMARKS TENURE The property is Leasehold with 108 years remaining at a cost of £300 per annum - the service charge is £808 per annum and the building Insurance is £279.93 per annum
RATING ASSESSMENT We are advised by the Local Authority that the property is assessed for Council Tax Band A
CASH BUYERS ONLY
EWS1 B2 Rating - Cash Only Purchase