2-bedroom flat · S1 4GD
Let agreedReduced £75 (−7.9%) on 19 SepListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom apartment situated on the ground floor of the popular Royal Plaza development, superbly located for Sheffield City Centre, West Street and the vibrant Devonshire Quarter.
The accommodation features a spacious open-plan living area and fitted kitchen with a range of appliances, providing a practical and sociable space for everyday living.
There are two double bedrooms, with the principal bedroom benefiting from an en-suite shower room, together with a separate main bathroom.
A particular advantage of the property is the allocated parking space, a valuable feature in such a central location.
Royal Plaza is ideally positioned for enjoying city-centre living, with the excellent selection of bars, restaurants, cafés and shops on West Street and Division Street just a short walk away.
The Devonshire Quarter, both Sheffield universities and the wider city centre are also within easy reach, while nearby tram and bus links provide convenient access across Sheffield.
Offering two double bedrooms, two bathrooms and allocated parking in a highly convenient central location, this apartment is ideally suited to professionals, couples or sharers looking for a well-located city-centre home.
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

FAQ
About Royal Plaza, 2 Westfield Terrace
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