Premier Ensuite student room with private wet room within the popular Nebula development, offered with vacant possession and previously let at £135 per week, providing an attractive student investment opportunity.
Description
An excellent opportunity for investors to acquire this modern Premier Ensuite student room situated within the popular Nebula student accommodation development on Egerton Street, Sheffield.
Offered for sale with vacant possession, the room was previously let at £135 per week, equating to a potential gross annual rental income of £7,020, based on 52 weeks' occupancy, making it an attractive proposition for investors looking to expand their student property portfolio.
The accommodation offers a well-presented and spacious bedroom with a dedicated study area, fitted storage and a private ensuite wet room, providing comfortable and practical accommodation designed specifically for student living.
Residents also benefit from access to a range of communal facilities, including shared kitchen and dining areas, a gymnasium, spacious communal lounges and dedicated social and study spaces, creating an appealing environment for student tenants.
Location
Nebula is conveniently positioned on Egerton Street, within easy reach of Sheffield city centre, Sheffield Hallam University and the University of Sheffield.
The development is ideally located for access to a wide range of shops, restaurants, bars, entertainment venues and public transport connections, making it a popular location for students seeking convenient city living.
Investment Opportunity
With its modern accommodation, excellent communal facilities and convenient location, this Premier Ensuite room represents an attractive opportunity for investors seeking exposure to Sheffield's established student rental market.
Previously generating £135 per week, the property offers the potential to re-establish a rental income, subject to securing a new tenant and any applicable letting restrictions.
Early interest is recommended.
Tenure: Leasehold
Occupancy: Vacant Possession
Accommodation: Premier Ensuite Room with Private Wet Room
Previous Rental Income: £135 per week
Potential Gross Annual Rental Income: £7,020 (based on 52 weeks)
Buyers are advised to review the legal pack for full details of the tenure, service charges, ground rent, lease terms and any restrictions on occupation or letting.
Tenure: Leasehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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