3-bedroom flat · S1 2FA
For saleReduced £5k (−9.1%) on 7 OctListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New Bank House, 100 Queen Street, Sheffield, S1 2Fa A rare opportunity to acquire a well presented three bedroom apartment within the highly sought after Newbank House development, ideally located in Sheffield.
This spacious property offers modern and comfortable accommodation, making it an excellent opportunity for investors or those seeking a conveniently located city residence.
The apartment comprises three well proportioned bedrooms, a modern bathroom and a spacious reception room, providing a comfortable and versatile living space.
Newbank House benefits from a convenient location within walking distance of Sheffield city centre, where residents can enjoy an excellent selection of shops, bars, restaurants and entertainment venues.
Sheffield is widely recognised as one of the UK's leading cities for students and young professionals, benefiting from a vibrant city centre, excellent transport links and ongoing regeneration.
From an investment perspective, Sheffield continues to attract strong rental demand due to its large student population, multiple universities, growing professional community and relatively affordable property prices.
Combined with ongoing investment and regeneration across the city, this helps support long term rental demand and potential for capital growth.
Financial Breakdown Gross Rent: £15,964.00 Net income: £5,704.79 Gross yield: 29.03% Net yield: 10.37% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08644
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Flat 115 New Bank House, 100 Queen Street, Sheffield
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