2-bedroom flat · S3 8NE
For saleListed 1065 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Cracknell – a well presented two-bedroom apartment nestled in the desirable Millsands development, moments from the River Don and a short stroll to Sheffield’s buzzing city centre.
Offering the best of both worlds, this stylish property is ideally suited to first-time buyers seeking their own slice of city life, or investors looking for a strong-performing rental in a consistently high-demand location.
The apartment boasts an open-plan living and kitchen area, designed with modern lifestyles in mind.
Whether you're entertaining guests or relaxing after a day at work, the space flows beautifully, featuring a contemporary fitted kitchen complete with integrated appliances.
Two double bedrooms offer generous proportions, with the main bedroom particularly well-sized, while the sleek bathroom provides both function and flair with its fresh, modern finish.
A major advantage here is the allocated parking space – a rare find in this part of Sheffield – offering convenience, security, and real added value. Why Buy This Property?
Millsands is a sought-after residential pocket positioned between the fashionable Kelham Island quarter and the core of Sheffield city centre.
Here, you're within walking distance of independent coffee houses, award-winning restaurants, and the tranquillity of the riverside – all while having instant access to transport links, the university, hospitals, and major employers.
This apartment offers the flexibility to be purchased with vacant possession – ready for immediate occupancy – or with tenants in situ, making it a ready-made investment with rental income previously achieving £1,000 per calendar month.
A Smart Move for Investors & Homeowners Alike With strong rental yields, a location on the rise, and growing tenant demand across the city, this is a standout opportunity.
The property is ideal for young professionals, postgraduates, or key workers – all of whom seek high-spec apartments in walkable, well-connected areas like Millsands.
This is fantastic value for a two-bedroom, two-bathroom apartment in one of Sheffield’s most dynamic and fast-developing urban areas.
For more information or to arrange a private viewing, contact us at Reeds Rains City Living Sheffield today.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
SCI230287/2 Bedroom 1 3.7m x 2.6m (12' 2" x 8' 6") Bedroom 2 3.7m x 2.4m (12' 2" x 7' 10") Bathroom 2.4m x 2.26m (7' 10" x 7' 5") Living Kitchen Combined 7.3m x 4m (23' 11" x 13' 1")
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
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 advisors 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
Agent & docs

FAQ
About Millsands, Sheffield, South Yorkshire, S3
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