1-bedroom flat · S3 8FG
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented one-bedroom apartment situated within the sought-after Great Central development in the heart of Kelham Island, one of Sheffield’s most vibrant and desirable neighbourhoods.
Ideal for a first time buyer.
The apartment occupies a second-floor position to the front of the building, with first-floor level access to the rear, and is set within well-maintained communal grounds.
Residents benefit from a secure communal entrance with both lift and stair access. A private entrance door opens into a hallway featuring a secure telephone intercom system.
The heart of the apartment is the open-plan living and kitchen area. The lounge benefits from a large front-facing window, allowing plenty of natural light into the room.
The fitted kitchen comprises a range of wall and base units complemented by contrasting work surfaces incorporating a sink and drainer.
Integrated appliances include a fridge, freezer, dishwasher, electric oven and four-ring hob with extractor hood above. A separate cupboard provides plumbing and space for a washing machine.
The property offers a double bedroom with space for freestanding bedroom furniture.
Completing the accommodation is a bathroom fitted with a three-piece suite comprising a bath with overhead shower, WC and wash hand basin.
Ideally positioned in the ever-popular Kelham Island, the apartment is within easy reach of an excellent selection of independent bars, restaurants, cafés and shops, while also offering convenient access to Sheffield city centre.
Location Located in Kelham Island, Sheffield's only urban village, Dun Fields occupies a prominent position in the City's most exciting, up-and-coming neighbourhood.
Kelham Island has been named as one of the top ten coolest locations in Britain.
The former industrial area has been reinvented as one of the UK's hippest areas - and its revival has previously earned it eighth spot in Travel Supermarket’s Hip Hangout Neighbourhood Index, which showcases the most up-and-coming neighbourhoods in the UK and Europe.
Boasting many bars and restaurants including the award winning Grind Café, Gastro pub Milestone, together with the famous Fat Cat and Kelham Island Tavern.
The recent shipping container complex Krynkl with rooftop bar has added to the eclectic mix in Kelham Island.
There is excellent access to Sheffield City centre, train station, main hospitals, universities and motorway network making this area extremely popular with young professionals.
Material Information The property is Leasehold with a term of 250 years running from the 1st January 2019 (242 years remaining). The property is currently Council Tax Band B. Valuer Greg Ashmore mnaea
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.
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FAQ
About Apartment 35, Great Central, 2, Chatham Street, Sheffield
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