Offered for sale to cash buyers is this excellent buy to let opportunity. Currently let at £750pcm and therefore achieving a 6.9% yield. The property is incredibly spacious with an allocated parking space, balcony and is let on a assured short hold tenancy until 4th July 2024 and is to be sold FURNISHED with the tenant in situ.
Mandale House is set on Bailey Street away from a lot of the noise and hustle of the City and yet is only minutes away from everything going on. With lively bars, restaurants close by, as well as being ideally placed for Sheffield University, Hallamshire Hospital and excellent public transport links including the Supertram.
The property is only suitable for cash buyers due to the EWS1 B2 rating
The property is leasehold with a 125 year lease from 2006
The ground rent is £385.56 per year.
The service charge is approximately £2812.51 per year.