2-bedroom flat · S8 7FR
For saleReduced £7.5k (−5.5%) on 16 SepListed 393 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free! A unique opportunity to purchase this two double bedroom first-floor flat, tucked away in a quiet spot.
The property offers allocated parking, spacious communal gardens, and is ready to move straight into.
One of only four flats in the block, it is ideally located close to a wide range of amenities, with excellent road links to Sheffield, Chesterfield, and Crystal Peaks.
Perfect for first-time buyers or investors! Summary Chain free! A unique opportunity to purchase this two double bedroom first-floor flat, tucked away in a quiet spot.
The property offers allocated parking, spacious communal gardens, and is ready to move straight into.
One of only four flats in the block, it is ideally located close to a wide range of amenities, with excellent road links to Sheffield, Chesterfield, and Crystal Peaks.
Perfect for first-time buyers or investors! A spacious hallway with loft access leads to the bright lounge, which features two windows and space for a dining table.
The kitchen includes freestanding appliances, a storage cupboard, an integrated oven and hob, and two windows.
Further doors open to two double bedrooms and a bathroom fitted with a bath, pedestal sink, and close-coupled WC.
Property Details - leasehold, 95 years remaining, £65PA ground rent, £400PA fixed service charge - additional costs may vary at around £500-£600PA - fully UPVC double glazed - gas central heating - combi boiler - council tax band B - sheffield city council For room measurements please see the floorplan
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
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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 176, Reney Avenue, Sheffield
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