Blades dream: One-bed apartment just steps from Bramall Lane for sale at just £5,000

Look inside this bargain Blades dream...

An apartment a stone’s throw from Sheffield United’s Bramall Lane home has hit the market - and it could be a dream bargain pad.

The one bedroom apartment on Bramall Lane is up for auction. with the starting price set at just £5,000

Apartment 14 has a hall, open plan kitchen and living room, bedroom and bathroom and is for sale leasehold, subject to the existing tenancy.

The residential investment property in located in a purpose-built block with a communal entrance on the ground floor.

According to Bond Wolfe, Apartment 14 at 323 Bramall Lane currently generates £9,000 rent a year - meaning profit could be made on the property within the first year.

Gurpreet Bassi, chief executive of Bond Wolfe, said: “What we have here is a one-bedroomed apartment to the south of Sheffield city centre with an eye-catching financial situation where the annual rent outstrips the guide price.

“Competitive bidding, of course, may well see this lot selling for much more than its £5,000 listing, but it’s still a very tempting proposition, especially for anyone with an interest in The Blades.”

The property is let at a rental figure of £750 per month and has a lease of 250 years dated from January 2006, which means nearly 230 years are unexpired.

The property is up for sale in Bond Wolfe’s next livestream auction on September 10.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.

For more details and to register to bid visit https://www.bondwolfe.com/auctions/properties/, email [email protected] or call 0121 312 1212 or 01902 928 510.