2-bedroom flat · S6 6SF
Sold STCListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO CHAIN ** ALLOCATED PARKING ** Situated in the popular residential area of Loxley is this two bedroom, ground floor apartment which enjoys stunning views over Loxley Valley and benefits from allocated parking, uPVC double glazing and gas central heating.
The property is set in well-kept communal grounds and ideally placed for amenities and transport links. In brief, the living accommodation comprises: communal entrance hall.
A private door then opens into the entrance hall. Access into the lounge, kitchen, two bedrooms and the shower room.
The well proportioned lounge has a large window allowing lots of natural light as well as enjoying the fabulous views, while the focal point of the room is the fireplace.
The kitchen has a range of wall, base and drawer units with a complementary work surface which incorporates the sink, drainer and the four ring hob with extractor.
Integrated appliances include an electric oven along-with housing and plumbing for a washing machine and space for a fridge freezer. In the corner of the room is the housed gas boiler.
The master bedroom benefits from a range of fitted wardrobes and storage and again enjoys the fabulous outlook. Bedroom two again benefits from fitted wardrobes and storage.
The shower room comes with a double shower cubicle, WC and wash basin. Outside - Well maintained communal gardens, allocated parking.
Location - Phillips Road is a very popular road ideally located for the beautiful Rivelin and Loxley valleys with walks and cycle routes to Bradfield and Damflask reservoir, ideally placed for local shops and amenities, recreational facilities and excellent transport links including the Sheffield Supertram in Hillsborough.
Material Information - The property is Leasehold with a term of 800 years running from the 29th September 1997. Ground Rent £50.00 per annum.
The Service Charge is currently £55.00 per month which includes Building Insurance. The property is currently Council Tax Band B. Valuer - Greg Ashmore MNAEA
Value & comps
No previous sales on record.
Returns
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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 Off Phillips Road, Loxley, Sheffield
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