Alma Street, Sheffield, S3 8SA
£65,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
302 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
191 years
Ground rent
£300
Service charge
£2,300.00 per year
Overview
This one-bedroom apartment on Alma Street, Sheffield, offers an excellent buy-to-let investment with an asking price of £65,000, representing a substantial 36.3% discount from its estimated value of £102,000. Currently tenanted, the property generates an annual rent of £7,800, yielding a strong gross return of 12%. The apartment benefits from a 191-year lease, with a service charge of £2,300 per year and a ground rent of £300. The market rent is approximately £650 per month, providing a net cash flow of £446 per month or £5,352 annually. Located just 0.23 miles from Shalesmoor Supertram station, this property offers easy access to local amenities and transport links, making it an attractive investment in a high-demand area.
What our customers say about us
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
Meet the team