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
Sam
Buy-to-let investor
“Without a doubt the most efficient way to purchase property via a limited company structure. The service is seamless and efficient whilst being the most cost effective in the market. The staff are always responsive and extremely knowledgable.”
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
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