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.”
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Meet the team