2-bedroom flat · S1 2PS
For saleListed 130 days
Opportunity summary
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About
Fourth Floor Apartment | Two Double Bedrooms | Currently Let at £920 pcm | Approx.
643.68 Sq Ft Investment Opportunity in Sheffield City Centre Reeds Rains City Living Sheffield are delighted to present this well-appointed fourth-floor apartment situated within the popular North Church House development in the heart of Sheffield City Centre.
Currently tenanted and generating a rental income of £920 per calendar month, this property presents an excellent opportunity for investors seeking an income-producing asset from day one.
Whilst the property is ideally being sold with the tenant in situ, vacant possession may be available subject to the required notice periods.
Extending to approximately 643.68 sq ft, the apartment offers spacious and well-balanced accommodation comprising two double bedrooms, a modern bathroom and a bright open-plan living kitchen.
The development is well maintained and benefits from quality fixtures and fittings throughout, making it an attractive proposition for both tenants and owner-occupiers alike. Why Buy This Property?
Income producing investment currently achieving £920 pcm Popular city centre development with strong tenant demand Spacious accommodation extending to approximately 643.68 sq ft Two genuine double bedrooms Modern open-plan living kitchen Potential for owner occupation in the future, subject to notice Excellent transport links and city centre amenities Ideal addition to an investment portfolio or first city centre purchase Whether you are looking for an investment with immediate returns or a future home in a thriving city centre location, this apartment offers both flexibility and long-term appeal.
Accommodation Entrance Hall Welcoming entrance hall providing access to all principal rooms and useful storage space.
Open Plan Living Kitchen A spacious and light-filled living area with ample space for both lounge and dining furniture.
The kitchen is fitted with a range of modern wall and base units, work surfaces and integrated appliances (where fitted), creating a practical and sociable living environment.
Bedroom One Well-proportioned double bedroom offering excellent accommodation. Bedroom Two A second generous double bedroom, ideal for guests, professional sharers or use as a home office.
Bathroom Modern bathroom suite comprising bath with shower over, wash hand basin and WC.
Location North Church House occupies a highly convenient city centre position, placing Sheffield's best amenities within easy reach.
The property is located just moments from: • Sheffield Cathedral • Fargate and the Heart of the City regeneration scheme • Kelham Island • Sheffield Hallam University • The Moor shopping district • Ponds Forge International Sports Centre • Sheffield Train Station • Numerous cafés, restaurants, bars and retail outlets Kelham Island, one of Sheffield's most sought-after districts, is within walking distance and offers an exciting mix of independent restaurants, breweries and cultural attractions.
For commuters, Sheffield Train Station provides direct services to Manchester, Leeds, Nottingham, Birmingham and London, making this an ideal location for professionals.
Investment Highlights Current Rental Income: £920 pcm Approximate Internal Area: 643.68 Sq Ft Additional Information Please note that the photographs used within this marketing were taken prior to the commencement of the current tenancy and the property's appearance may have changed since.
The property is being sold unfurnished.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. SCI260211/8
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 39, North Church House, 14, North Church Street, Sheffield
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