2-bedroom flat · S11 8UT
Let agreedListed 23 days
Opportunity summary
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About
Forming part of a beautifully converted development, this two double bedroom first floor apartment is finished to an excellent standard throughout.
Available from the mid of November and provided as unfurnished. Parking space included. Council Tax Band C. Unfurnished.
Holding Fee £275 Located on the doorstep of Sharrowvale Road and Ecclesall Road is this immaculately presented property within walking distance of the City Centre as well as being only a stone's throw from local Hospitals and Universities.
This property also benefits from an allocated off street parking space.
With gas central heating (Halo app controlled heating system) and double glazing throughout the accommodation comprises: Communal entrance hallway having telephone intercom system leading through into private entrance hallway and staircase rising to the first floor where this apartment is located.
Open plan living and kitchen area with herringbone wood effect flooring, contemporary wall and base units, contrasting work surfaces, under counter lighting and a range of integrated appliances.
Having a feature decorative original cast iron fire surround and mantle. Double doors accessing the fabulous balcony area with space for a table and chairs.
Both double bedrooms are accessed via a corridor which runs off the main hallway. Bedroom one enjoys wonderful natural light and has contemporary decor, pendant lighting and TV aerial point.
Bedroom two having contemporary decor, pendant lighting and TV aerial point.
The bathroom which has a contemporary suite in white also benefits from a heated towel rail, large shower cubicle and decorative tiling. There is also a utility cupboard housing an LG washer/ dryer.
The property has an allocated off street parking space. The property is serviced by main gas, water and electricity.
The Sheffield Planning portal is showing planning permission granted for pruning of trees in the local conservation area and also permission granted for a single storey extension at 230 Psalter Lane.
This may increase the number of works vehicles and noise caused from works taking place, in close vicinity to this property.
No Ultrafast broadband available at this property, Internet services provided by Openreach.
There may be limited mobile phone coverage access a number of networks inside of the property, however coverage is likely outside of the property.
Flooding Risk - Very Low Due to the external first floor balcony, this property is deemed unsuitable for children. Council Tax Band C. Unfurnished. Holding Fee £275
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
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FAQ
About Psalter Lane, Sheffield
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