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See how verdicts work2-bedroom flat · S35 8LY
Listing removedListed 163 days
Opportunity summary
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About
Guide price £160,000-£165,000 ** over 55's development ** two bedroom first floor apartment ** no chain ** Located within a cul-de-sac on the highly regarded Grenoside Grange Close, is this two bedroom first floor apartment situated in this well-connected setting and benefiting from open plan living, dining and kitchen space with a Juliet balcony, uPVC double glazing and gas central heating, emergency pull cords in all rooms, an allocated parking space and visitor parking.
There are well-maintained communal grounds and the apartment is conveniently positioned for easy access to Hillsborough, Sheffield city centre and local amenities, this is an excellent opportunity to enjoy village-style living with excellent connectivity.
Communal access and entrance hall, stairs and stair lifts lead to all levels and this apartment can be found on the first floor.
Neutrally decorated throughout, the well presented living accommodation briefly comprises: Enter via a private door into the entrance hall with a secure video intercom system, two storage cupboards, one has plumbing for a washing machine.
From the hall, there is access into the open plan lounge/diner, the two bedrooms and the shower room. The lounge/diner has uPVC French doors opening to a Juliet balcony.
The room flows into the kitchen area which has a range of units with a contrasting worktop which incorporates the sink and drainer.
Integrated appliances include an electric oven, four ring hob with extractor fan, dishwasher along with space for a fridge freezer and the housed gas boiler.
Both bedrooms are double in size and both benefit from uPVC French doors opening to a Juliet balcony. The shower room is partially tiled and has a double shower enclosure, WC and wash basin.
Outside The apartment is set within well-maintained communal grounds, managed by a professional management company.
The grounds include neatly kept lawned areas, paved pathways and patio areas, along with a designated external bin store.
The property also benefits from an allocated parking space and visitor parking.
Location Situated on this quiet cul-de-sac in this good location with excellent amenities close by including local shops, pubs etc. Grenoside surgery and pharmacy within walking distance.
Regular public transport. Country walks and superb motorway connections. Good local schools. Material Information The property is Leasehold with a term of 125 years running from the 1st October 2006.
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 29, Grenoside Grange Close, Sheffield
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