2-bedroom flat · S8 7QY
Sold STCListed 97 days
Opportunity summary
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About
Asking Price £160,000 A lovely, spacious, bright and airy, second floor, two double bedroom apartment located in a quiet residential area of Greenhill.
Features a dual aspect open plan living/dining room, modern kitchen and bathroom, two double bedrooms and separate utility. Offering use of well-maintained communal gardens and resident parking.
Benefits from gas central heating and double glazing. Secure intercom entry system with communal stairs lead to a private entrance on the second floor.
The front entrance door opens into a welcoming hallway. There are two double bedrooms off to the left of the hallway, both well presented in neutral colours.
The bathroom has a modern white suite, bath with shower over, WC & sink. A cupboard houses the wall mounted Worcester combination boiler.
The kitchen features a modern range of white gloss wall and base units with wood effect work surfaces, space for a gas cooker and space for a washing machine.
The spacious, dual aspect, living/dining room is open plan, with windows to either side, filling the room with natural light and styled in neutral tones.
A useful separate utility room by the front door offers very useful storage space or alternatively could be adapted to be used as home office/work space.
Outside there are communal grounds and a residents parking area.
James Andrew Close is ideally placed for access to a range of local amenities including local schools, shops, coffee shops and pubs and is convenient for access to the motorway network.Duration of lease - 125 years started in 1989 Annual ground rent - £10 Service Charge £431.79 - Sheffield City Council
Value & comps
No previous sales on record.
Returns
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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 James Andrew Close, Greenhill, Sheffield
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