NEXT AUCTION: 17th March → Register to bid
Flat 50, Skyline, Heelis Street, Barnsley, South Yorkshire, S70 1LW
Guide Price: £30,000
For buyers hunting down genuine income-producing assets, opportunities like this don’t come along often. Flat 50 Skyline is heading to auction with a guide price of just £30,000, yet delivers an eye-catching 26% gross yield from day one.
Set to be sold at auction on 12th February 2026 (unless sold prior), this is a ready-made opportunity offering immediate cash flow with minimal effort.
Immediate Income from Completion
The property is being sold with a tenant already in situ, removing the usual void periods and letting costs. Currently let on an Assured Shorthold Tenancy generating £7,800 per annum, the numbers speak for themselves. At guide price, this equates to a remarkable 26% gross yield, making it an ideal addition to any yield-focused portfolio.
For those prioritising strong income, this is a clear-cut, no-nonsense opportunity.
Modern Apartment in Excellent Condition
Flat 50 is a modern two-bedroom apartment, presented in excellent condition throughout. The property features an entrance hall, fitted kitchen, reception room, two bedrooms, and a bathroom.
The development also benefits from allocated parking and access to a communal gym, features that continue to appeal to tenants and support long-term rental demand. These extras help ensure strong occupancy and make the property easier to re-let should the tenancy change in the future.
View the full listing here.
Well-Connected South Yorkshire Location
Barnsley is a historic South Yorkshire market town that has evolved into a well-connected residential hub. Positioned between Sheffield, Leeds, Wakefield, Doncaster, and Manchester, with Rotherham and Huddersfield nearby, the town offers excellent regional accessibility.
Barnsley has a strong working population and consistent rental demand, underpinned by affordability and ongoing regeneration across the borough.
A Straightforward Play
This leasehold apartment is ideal for those seeking:
- Immediate rental income
- Strong gross yield
- Minimal setup and management requirements
- An affordable entry price
With the tenant already in place and the apartment in excellent order, this is very much a buy-and-hold property that works from day one.
Auction Details
The property will go to auction on Thursday 12th February (unless Sold Prior), with bidding open between 12:00pm and 13:00pm. Interested buyers are encouraged to register in advance and review the full legal pack to ensure they are fully prepared. The property is also available for purchase by mortgage buyers.
Viewings are available by appointment, please call the team on 0800 448 0100 to arrange your viewing.
Final Thoughts
With a low guide price, tenant in situ, and an exceptional 26% gross yield, Flat 50 Skyline offers a rare chance to secure immediate income from completion. For buyers seeking a straightforward, high-performing asset in a well-connected South Yorkshire location, this auction lot stands out as an opportunity not to be missed.