1-bedroom flat · S11 8FQ
Let agreedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to rent from 13th October on a furnished basis is this one double bedroom mid-floor apartment which is well presented throughout.
The rent includes utility bills for electricity, gas, water and broadband.
It comprises of a living room, fully fitted kitchen with integrated appliances which includes a fridge/freezer, electric oven, electric hob, and washing machine, a double bedroom and a shower room.
It also benefits from private use of a South facing rear yard and off road parking which is used on a first come first serve basis. Sorry no smokers, Some pets may not be allowed Council Tax Band A.
/ EPC Rating C Applicants will need to prove a minimum combined income of £23,850 per annum to pass the referencing affordability.
Depending on your circumstances, if you require a guarantor, they will need to be UK based and will need to prove an income of £28,620.
Cemetery Road is a convenient location being close to all of the wonderful amenities on offer at Nether Edge, Sharrow Vale and the ever popular Ecclesall Road.
The two Universities are both easily accessible as are the main city hospitals and the city centre itself is also found within easy walking distance.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Flat 2, 245 Cemetery Road, Sharrow
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