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See how verdicts work23-bedroom house · S2 4UR
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully let residential investment opportunity located in Sheffield.
3 Apartments providing 23 beds Freehold for sale Sale Considerations - Stunning period building providing a 23 bed residential accommodation investment opportunity over 3 flats.
Arranged over basement, ground and first floor Situated in a very popular area near Abbeydale road which has a varied and vibrant retail, leisure and hospitality offering The Freehold interest is available for sale.
Title number SYK189484 Grade II listed Offers in the region of £895,000 subject to contract Fully let to Four Trees Lettings (company number 11380321) Gross income of £95,910 per annum.
Outgoing costs are utilities and council tax totaling £28,724 per annum The tenant, Four Trees Lettings, let and manage the property and guarantee a rent of £347.50 per room per month.
A purchase at this level would reflect a Net Yield of 7.23% (assuming commercial stamp duty of £34,250 - 3.83%) Potential to increase rental income to £117,300 per annum giving rise to a Net Yield of 9.53% Location - The property is located on Abbeydale Road, which is one of the main arterial routes leading to and from Sheffield City Centre to the south western suburbs.
The area is located less than 1 mile south west of Sheffield City Centre, and is within a local suburb of largely independent retailers and restaurants on London road.
The area has a high concentration of residential occupants and commercial operators including retailers, cafes, restaurants and hot food uses.
Description - The property is a stunning grade II listed period building of stone construction with a grand presence fronting onto Highfield Place set under a pitched slate roof.
Arranged over ground floor, first and second floor the property extends to a total of 4,864 sq ft (GIA) with the main entrance from Highfield Place leading to the first floor.
A separate rear entrance is at ground floor. (plans available on request) Internally the property is utilised to offer 23 bedrooms.
The whole property has recently undergone a full refurbishment and redecoration with all appliances being upgraded.
Each floor has its own kitchen and bathroom facilities essentially creating 3 separate flats. The property complies with all current regulations for HMO’s and other associated legislation.
The property is currently fully let The property is owned on a Freehold basis, Land Registry Title (SYK189484 Price - £895,000 subject to contract Estimated Rental Value - The property has an Estimated Rental Value of £117,300 per annum subject to asset management
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 advisers 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
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FAQ
About Wesley House, Highfield Place, Sheffield, S2 4UR
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