1 bed Apartment (Leasehold)

Upper Allen Street, Sheffield, S3 7GT
1 bedroom
1 bathroom
Leasehold
Unsold on May 20, 2026
Starting bid: £65,000
3 watching
0 bids

Estate Agent: Reeds Rains - Sheffield City Living 0114 276 3252

Spacious one-bedroom apartment situated in the heart of Sheffield, within the desirable Q4 Apartments development. This contemporary home offers a bright and open-plan living space with a modern kitchen, perfect for relaxing or entertaining. The apartment features a generously sized internal bedroom and a modern bathroom, providing both style and comfort. Further internal photographs will be available shortly once the current tenant can accommodate access.
Currently, the property is tenanted on a rolling tenancy at £575 per calendar month, providing an immediate rental income for investors. The property has strong rental potential, with the current market rent estimated at approximately £675 per month, making it an excellent opportunity for those considering re-letting.
The apartment is ideally located on Upper Allen Street, placing residents within easy reach of Sheffield’s vibrant city centre. Local amenities, restaurants, shops, and cultural attractions are all just a short walk away, while excellent transport links make commuting or exploring the wider area effortless. The location offers both convenience and lifestyle benefits, appealing to tenants and owner-occupiers alike.
Please note, the development currently has scaffolding in place due to ongoing remedial works. An EWS1 certificate may be issued soon, however, we currently advise that prospective buyers are either cash purchasers or have finance arrangements in place before expressing interest.
This property represents a rare opportunity to acquire a modern, centrally located apartment in a sought-after Sheffield development, with both immediate income and excellent rental potential.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Council Tax Band: Band A

Tenure: Leasehold

Lease Length: 105 year(s)

Ground Rent: £574.52 payable Annually

Service Charge: £68.00 payable PCM

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