Milestone Apartments Flats 1-6, 42-44 Infirmary Road, Sheffield, South Yorkshire, S6 3DD

Lot 3

RESIDENTIAL INVESTMENT, FLAT INVESTMENT

Guide Price: £375,000-£400,000 *

  • Residential Investment opportunty
  • Currently producing £37,412.76 per annum
  • Five one-bedroomed and one two apartments
  • Within one mile of Sheffield City Centre
  • Close to Sheffield University and Hospitals
  • Situated along Supertram network
  • Fully renovated in 2015
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Property Details

A substantial double fronted inner terrace property comprising 5 one bedroom and one two apartments , let at £37,412.76 pa , occupying a convenient location within easy reach of city centre

Location
The subject property is located on Infirmary Road along Supertram network between stops at Shalesmoor and Infirmary Road. Infirmary Road runs parallel with Penistone Road, a main arterial route through the north of Sheffield connecting Sheffield city centre to Hillsborough and beyond to the residential suburbs.

Description
The property comprises residential accommodation over three floors, including loft conversion with dormer windows.
The property is accessed directly from Infirmary Road into circulation space which gives direct access into the six apartments.

Accommodation
Five apartments each contain open plan living kitchen, separate bedroom and shower room.
Flat 4 has two bedrooms, open plan living kitchen and shower room.
Flat 2 is fitted out to suit disabled regulations.

Tenure
The property is leasehold for 200 years from 29th September 1925 at an annual ground rent of £22.25pa.

Tenancy Details
The flats are let on individual leases producing a total of £35,631 per annum.
Apartment 1 - £505.58
Apartment 2 - £533.66
Apartment 3 - £505.58
Apartment 4 - £561.75 (2 bed)
Apartment 5 - £505.58
Apartment 6 - £505.58

Viewing:

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Adrian Little
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adrian@markjenkinson.co.uk

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