Key features
- Established residential locations
- Strong local rental demand
- Close proximity to Sheffield city centre and universities
- Good transport connectivity and local amenities
- Consistent tenant appeal from professionals and academics
Description
The portfolio comprises four long-leasehold residential apartments situated across three separate apartment blocks within the affluent and well established suburb of Sandygate, Sheffield. Two of the apartments are located within the same block at Sandygate Road, with the remaining two apartments situated within nearby developments on Sale Hill and Moorbank Road respectively.
The portfolio consists entirely of 2-bedroom apartments, each benefitting from allocated parking or garage provision and located within mature landscaped developments. The properties are currently income-producing and provide an attractive opportunity to acquire a well-located residential investment portfolio within one of Sheffield's most desirable residential districts.
The apartments are all positioned within approximately one mile of each other, allowing for operational and management efficiencies whilst still providing diversification across multiple developments.
Current passing rents across the portfolio total approximately ï½£39,240 per annum, with further scope for rental growth through future asset management initiatives and reversionary uplift.
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