Belvoir! Sheffield are pleased to offer to the market this two bedroom apartment in purpose built development on Bailey Street, off Trippet Lane. The property benefits from two double bedrooms, one of which is en suite, family bathroom and spacious open plan living area/kitchen. There is allocated, undercroft parking. The property is currently tenanted on Assured Shorthold Tenancy which expires in July 2015 and therefore would be suitable to investors or owner occupiers. Location - The property forms part of this modern, city centre development located on Bailey Street, close to West Bar roundabout and just off Trippet Lane. It is ideally placed in the city centre close to West Street and is near to the ring road providing easy access to the motorway network. Both Universities are within walking distance. Communal Entrance - A secure electronic entrance door leads to the hallway with access to the mail room and stairs/lift to the third floor, where the apartment is located. Hallway - Laminate flooring Entry phone Storage heater Access to all rooms Kitchen Area - Modern wall and base units Electric oven, hob and extractor fan Tiled splash-backs Storage cupboard housing water tank Plumbing for washing machine Space for fridge / freezer Wood effect laminate flooring Living Area - Good sized living space Continuation of laminate flooring Large double glazed window TV point Storage heater Bedroom One - Double glazed window with venetian blinds Storage heater Good storage Bedroom Two - Good storage Double glazed window with venetian blinds Storage heater Bathroom - Three piece suite in white Shower screen Towel rail Tiled floor and part tiled walls En- Suite Bathroom - Tiled flooring and walls Shower enclosure, toilet and handwash basin Towel rail Additional Information - Current Rent: £675 Annualised Rent: £8100 Return on Capital: 14.4% (Assuming 25% cash deposit and an interest only BTL mortgage at 3.5%) Tenure: Leasehold - 250 years from January 2006 Council Tax Band: B Service Charge: £1300.00 approx per annum* Ground Rent: £150 per annum* * Compared to similar properties in the development Disclaimers And Advice - All measurements are approximate. None of the services, fittings or appliances (if any), heating installations, plumbing or electrical systems have been tested and no warranty is given as to their working ability. If you already have or are considering purchasing a property to let, please contact us for specialist advice.
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