Auction
Auction date passed
This lot went to auction on 27 October 2026 (3 days ago) but remains listed. It was still on the portal 1 day ago. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
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See how verdicts workStudio flat · S1 2FT
For saleListed 1 dayAuction 27 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 26TH OCTOBER AT 1PM AND CLOSES TUESDAY 27TH OCTOBER FROM 1PM.
REGISTER TO BIDTER TO BID Please register to bid via our website - auctionhouse.co.uk/southyorkshire FOR SALE VIA NATIONAL ONLINE AUCTION.
BIDDING OPENS ON MONDAY 26TH OCTOBER AT 1PM AND CLOSES TUESDAY 27TH OCTOBER FROM 1PM.
REGISTER TO BID Auction House South Yorkshire are delighted to offer this well presented studio apartment in Sheffield, available via online auction.
An attractive investment opportunity, the property is currently tenanted and generating £600 pcm, providing an annual rental income of £7,200.
The apartment offers smartly designed accommodation comprising an open plan living and sleeping space, with a separate kitchenette area.
The kitchenette is fitted with a range of units, sink, electric hob, microwave, and under counter fridge.
The property also benefits from fitted furniture including storage and workspace, together with an ensuite shower room featuring a WC, wash hand basin, and walk in shower.
Residents of Pearl Works also have access to a convenient pay as you go laundry room, along with a mini supermarket located on the ground floor.
Situated in the heart of Sheffield City Centre, the development is ideally placed within walking distance of the university, train station, shops, bars, and restaurants.
Photos from identical apartment. Tenure: Leasehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
Area
Agent & docs
FAQ
About 209 Pearl Works, 2 Howard Lane, Sheffield, South Yorkshire S1 2FT
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