2-bedroom flat · S35 0LB
To rentReduced £25 (−2.6%) on 23 OctListed 243 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This beautiful property has to be seen to be appreciated.
Situated in a perfect location in Oughtibridge, close to Hillsborough and the motorway network, but also on the edge of the Peak District National Park, you really do have the best of urban living in a stunning rural location!
The Old Mill apartments have been lovingly restored with no expense spared, leaving the character of the original building, but ensuring you have the benefit of a modern kitchen and bathroom, clever design maximises the space available in the property.
You enter the property directly into the spacious living / kitchen / dining room, this room has a dual aspect and large floor to ceiling windows to the front, which ensure lots of natural light.
The kitchen has a range of modern, integrated units and an integrated oven, hob, extractor, washing machine, fridge, freezer and dishwasher.
The master bedroom is situated to the rear of the property and is a great size double.
The second bedroom, currently being used as an office, is another good sized room that would accommodate a double bed. The bathroom is part tiled and has a really modern feel.
Having a white three piece suite, the bathroom also benefits from a shower over the bath and a heated towel rail. The apartment has stunning views over the valley and is surrounded by woodland.
To the front of the property is a terraced area, perfect for sitting out on a summers evening enjoying the view over the river. There is also a designated space in the private car park.
Council Tax Band: B Deposit: £1,096.15 Holding Deposit: £219.23
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 2 Mill Cottage Apartments, 2 Old Mill Lane, Sheffield
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