2-bedroom flat · S61 2LJ
For saleReduced £2.5k (−2.5%) on 16 SepListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***no chain*** 2roost ar proud to present this superb 2 bedroom 2nd floor apartment.
Located in a secure and well-maintained modern block, the property is perfectly positioned for commuters, with easy access to the M1 and other transport links including Meadowhall train, tram and bus station.
Entry is gained via a secure entry system into a well maintain communal area. Inside, the apartment boasts a spacious entrance hall with good size storage, leading to all rooms.
The open-plan living boasts a good range of base and wall units with contrasting worktops and ample space for a dining table. The open plan living also has a good sized carpeted lounge area.
Both double bedrooms include fitted wardrobes, and the master bedroom benefits from a Juliet balcony with far reaching views over Sheffield and beyond.
A modern bathroom, allocated parking space, visitor spots, and bike storage add to the appeal. Early viewing is advised.
* no chain * 2nd floor apartment * 2 bedrooms both with built in wardrobes * juliet balcony to master bedroom * superb open plan living * allocated parking * far reaching views over sheffield Accommodation comprises: * Hallway * Open Plan Living : 3.68m x 7.21m (12' 1" x 23' 8") * Bedroom 1: 2.86m x 4.46m (9' 5" x 14' 8") * Bedroom 2: 2.32m x 4.46m (7' 7" x 14' 8") * Bathroom This property is sold on a leasehold basis.
The lease length is 108 years and began in 2012. Ground rent of £454.00 is charged on a yearly basis. Annual maintenance fees are £1,476.00.
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.
Area
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FAQ
About 36 Trafford Apartments, Richmond Way, Rotherham
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