available
£7,200,000
This modern block of flats on Heelis Street offers a prime investment opportunity in Barnsley. With 95 one-bedroom apartments, each unit is developed to an excellent standard internally, ensuring high tenant satisfaction and very high occupancy rates. The building generates a substantial monthly rental income of £42,000, with potential for further increase, making it an attractive proposition for investors seeking strong returns.
The property is ideally situated for convenient access to Barnsley City Centre and major road networks, enhancing its appeal to tenants who value connectivity and urban amenities. The area is well-served by local transport links, facilitating easy commutes and travel. A large residents' car park is included in the sale, adding convenience and appeal to potential tenants who require parking facilities.
This freehold sale represents a rare opportunity to acquire a premium residential asset in a thriving location. The building's EPC ratings of C & D demonstrate its energy efficiency credentials.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
