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See how verdicts work1-bedroom flat · S10 2QH
For saleReduced £10k (−8.3%) on 20 JunListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ground floor apartment** no chain** residents lounge** Offered for sale with Saxton Mee Crookes is this one bedroom ground floor apartment, perfect for those looking for somewhere ready to move into.
Lifestyle House is a highly regarded development of independent living quarters for the 55+ age group, supported by an onsite manager and careline that combine to provide cover 24 hours a day.
The property is ideally situated in this quiet, secluded location and just a short walk away from the excellent amenities found in the Broomhill area including numerous restaurants and transport links into town and close to the Botanical Gardens.
The development includes off road parking and the use of a residents lounge where various activities are arranged and enjoyed along-with shared laundry facilities.
Neutrally decorated throughout, the living accommodation briefly comprises: Enter through a private door into the entrance hall with a store cupboard and access into the kitchen, lounge/diner, the bedroom and the shower room.
The kitchen has a range of units with a contrasting worktop which incorporates the sink and drainer. Integrated appliances include an electric oven and a four ring hob with extractor above.
The lounge/diner has a large window allowing lots of natural light. The bedroom has a fitted wardrobe. The shower room has a WC and wash basin. Outside Communal off road parking.
Communal gardens for residents to enjoy.
Location Well-served by local shops and amenities in Broomhill, Sharrow Vale & Hunters Bar, along with highly regarded local schools, the Botanical Gardens and further recreational facilities, public transport, and access links to the hospitals, universities, city centre, and the Peak District.
Material Information The property is Leasehold with a term of 200 years running from the 25th March 1996. The property is currently Council Tax Band A. Valuer Chris Spooner anaea
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
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FAQ
About Flat 11, Lifestyle House, 2, Melbourne Avenue, Sheffield
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