1-bedroom flat · S3 8SX
For saleListed 500 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a second floor position is a larger sized, one bedroom apartment within the sought after Cotton Mill Development.
Only a short walk from the heart of Kelham, Sheffield city centre and the train station.
Will be of interest to first time buyers and investors with the potential to buy as seen, incorporation all existing furniture subject to separate negotiation.
Benefits from immaculate presentation in a sought-after location. No onward chain. Perfect property for first time buyers, owner occupiers or investors.
The open plan design living space is filed with natural light and balcony, offering flexible area presented in a neutral palette.
A contemporary sleek fitted kitchen offers a range of integrated appliances with separate utility cupboard housing the washing machine.
A stylish double bedroom designed with modern wooden panelling features built in sliding mirrored wardrobes and superb ensuite shower room.
The development is located in the heart of thriving Kelham Island with its fantastic range of independent, cafes, restaurants and bars, well-known favourites being Domo, the Grind Cafe and Cutlery Works.
Well placed for the city centre, train station, hospitals, universities and Supertram network and only a short drive from the Peak District.
Lease 997 years remaining, Peppercorn ground rent Service charge 01/12/24 – 30/11/25 is £778pa
Value & comps
No previous sales on record.
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 asking
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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 Apartment 56 Cotton Mill, Cotton Street, Sheffield
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