Lifestyle House 2 Melbourne Avenue, Sheffield, S10 2QH
Size
0.4060
Tenure
Freehold
EPC
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Parking
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- Primary use
- Residential development
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Parking
- Outdoor seating
Key features
- Opportunity to purchase and operate a residential, retirement development in a leafy Sheffield suburb.
- Purpose built property comprising a combination of 36 one, two and three bedroom apartments plus caretakers accommodation.
- Mix of long ground leases, Assured Shorthold Tenancies and non-assignable long-leaseholds.
- Total gross income currently £99,262 per annum.
- Inherent equity in non-assignable long-leasehold interests.
- Asset Management opportunities.
- Freehold.
Description
The development comprises of 36 one and two bedroom apartments together with a caretakers apartment which are developed over lower ground, ground and first floors. These are held on three different arrangements including long ground leases, Assured Shorthold Tenancies and non-assignable long-leaseholds.
The development also features a stunning walled garden framed by mature trees. Lifestyle House also benefits from a communal ‘Village Club’ which incorporates a resident’s lounge, toilets, self service laundrette, kitchen, Manager’s office, guest suite, and staff apartment.
This income producing, operational investment affords a purchaser the opportunity to enhance income and value through Asset Management
Lifestyle House is located on Melbourne Avenue near to Glossop Road (B6547). Glossop Road provides access to Brook Hill (A57), which in turn leads to the arterial routes in Sheffield and the transport network beyond.
Broomhill is approx. 2 miles west of Sheffield City Centre and is a vibrant and diverse neighbourhood, with a mix of Victorian houses, modern apartments and attractive open spaces such as the well-maintained Endcliffe Park, Weston Park and the Botanical Gardens.
The area is bordered by Ecclesall Road, a lively street with a variety of shops, restaurants, cafes and is located within close proximity to both the University of Sheffield, Sheffield Hallam University and several private schools. Broomhill’s central location provides excellent access to the city centre, the Royal Hallamshire Hospital and convenient public transport links.
We will be holding several viewing days, with dates to be announced.
- Service charge
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- Business rates
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- Use class
- C3
- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Lifestyle House 2 Melbourne Avenue, Sheffield, S10 2QH
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Disclaimer - Property reference 279866-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sanderson Weatherall, Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.