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See how verdicts work2-bedroom flat · S10 1ET
For saleReduced £9k (−8.6%) on 8 SepListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*for sale via traditional auction * guide price £105,000* bidding closes (tbc)* fees apply * register your interest at select auctions Nestled in the vibrant area of Spring Hill, Crookes, this purpose-built flat offers a delightful living experience.
With two bedrooms, this property is perfect for young professionals, couples, or small families seeking a comfortable home in a prime location.
The flat features a spacious open-plan living area that seamlessly connects to a separate kitchen, creating an inviting space for both relaxation and entertaining.
Natural light floods the living area, enhancing the warm and welcoming atmosphere. The kitchen is well-equipped, providing ample space for culinary pursuits.
One of the standout features of this property is its proximity to Sheffield University, located less than half a mile away.
This makes it an ideal choice for students or university staff looking for convenience and accessibility.
Additionally, the flat comes with the added benefit of parking, a rare find in such a central location.
With no onward chain, this property presents a straightforward opportunity for buyers looking to move in without delay.
Whether you are seeking a new home or a sound investment, this flat in Spring Hill is a fantastic option that combines comfort, convenience, and a vibrant community atmosphere.
Don’t miss the chance to make this lovely flat your own. Note for buyers: Traditional Online Auction Information: Please note: This property is for sale by Traditional Online Auction.
This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded).
The winning buyer will be legally obliged to purchase the property at their highest bid price. Fees: On Exchange of contracts, the buyer must pay 10% towards the purchase price of property.
£2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £3,000 (incl.
VAT) which will be charged immediately online.
Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars.
Buyers should check the contents of the legal pack and special conditions for accurate information on fees.
Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
For bidding and legal information please visit General Remarks Tenure This property is long Leasehold with a term of 125 years from 1996 at a ground rent of £50 per annum.
Service charge There is a service charge payable of £141 per month. Rating assessment We are verbally advised by the Local Authority that the property is assessed for Council Tax purposes to Band B.
Vacant possession Vacant possession will be given on completion and all fixtures and fittings mentioned in the above particulars are to be included in the sale.
Mortgage facilities We should be pleased to advise you in obtaining the best type of Mortgage to suit your individual requirements.
Your home is at risk if you do not keep up repayments on A mortgage or other loans secured on it.
By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £45 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Please contact the office if you have any questions in relation to this.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat B, Spring Court, 43 Spring Hill, Sheffield
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