Studio flat · S7 2BQ
Listing removedListed 131 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Studio Apartment for Over 55s - Waddington House, Sheffield S7 2BQ Sanctuary Housing is pleased to offer a well-presented second-floor studio apartment at Waddington House, located in the popular Netheredge area of Sheffield.
This home is ideal for single people aged 55 and over, whether retired or working, and offers a safe, manageable living space designed with older adults in mind.
Property Description Self-contained studio layout Electric heating via radiators Double glazing Access to communal parking Shared garden for all residents Please note: Pets are not permitted at this property.
Local Amenities Located close to: Shops Transport links into Sheffield city centre Local healthcare services This location offers convenience and a peaceful setting in a friendly community.
Weekly Rent & Charges Rent: £89.30 Service Charge: £47.43 Warden Call: £1.43 Heating: £6.42 Water: £3.79 Total Weekly Cost: £148.37 No deposit required - only one week's rent in advance payable at sign-up.
Tenancy Information Assured lifetime tenancy offered for long-term peace of mind (Starter tenancy may apply for the first 12 months) Decorating packs available for some homes (via Dulux Decorator Centres) Applicants must provide address history for the last 3 years.
Offers are subject to satisfactory references and may include police checks. Interested in arranging a viewing for yourself or a relative?
Please click the green contact button on Rightmove or get in touch with our team.
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
FAQ
About Waddington House, Edgedale Road, Sheffield
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