1-bedroom flat · S6 4JP
To rentListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located at the junction of Walkley Lane and Holme Lane and as such with excellent access to comprehensive local shopping facilities and transport services, including the Supertram.
The is gas centrally heated and double glazed throughout. Whilst available to let on an unfurnished basis, floor and window coverings are provided throughout.
The accommodation comprises:- On the ground floor Communal entrance hall with stairway rising to On the second floor Private entrance hall having a built in cupboard housing the central heating boiler.
Lounge (about 13’7” x 11’) well lit by both a gable wall window and a Velux roof light.
Kitchen (about 12’5” x 7’) having a stainless steel sink unit set into an ‘L’ shaped working surface with cupboards and drawer below and space for appliances.
Facing a working surface with built in oven and hob together with a cupboard. The walls are part ceramic tiled and there are a range of wall cupboards.
Bedroom (about 10’4”x 8’5” average measurements) having a Dormer window and a range of open fronted wardrobes. Shower room/W.C.
Having a white suite comprising shower cubicle with mains shower unit, wash hand basin and a low flush W.C. A fitted electric extractor fan.
General remarks tenure The property is available to let on an unfurnished basis by way of an Assured Periodic Tenancy at a rent of £625 per calendar month exclusive.
The Tenants will be responsible for payment of Council Tax, Water Rates and Utility Bills direct.
Rating assessment We are verbally advised by the Local Authority that the property is assessed for Council Tax purposes to Band A.
Inventory and costs An Inventory of Contents and a Schedule on Condition will be prepared for attaching to the Lease.
Deposit A Deposit of £700 will be required to be held against possible breakage and damage. Viewing To view and for any additional information contact the Sole Letting Agents: Messrs.
Crapper & Haigh, Chartered Valuation Surveyors, Auctioneers and Estate Agents, 9-11 Figtree Lane, Sheffield, S1 2DJ. (10/26)
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
Agent & docs
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FAQ
About Flat 2, R/O 23, Holme Lane, Sheffield
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