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See how verdicts work2-bedroom flat · S3 8SJ
Under offerReduced £2.5k (−2.2%) on 9 OctListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Belvoir Sheffield are pleased to present this spacious two-bedroom second-floor apartment in the heart of Kelham Island, offered with vacant possession and no onward chain.
Ideal for first-time buyers, downsizers or investors alike, with a potential rental income of approximately £895 pcm giving a healthy net yield of 7.2%.
Benefiting from an EWS1 Certificate with a B1 rating, this well-located apartment is within easy reach of Sheffield city centre and the area's popular bars, cafés and restaurants.
Access to the development is via a secure intercom entry system, with the apartment approached through a well-maintained communal courtyard.
The accommodation briefly comprises a welcoming and spacious entrance hallway, complete with a useful storage cupboard housing the washing machine and hot water cylinder.
The bright and generously proportioned living room provides a comfortable space for relaxing and entertaining and opens into the modern fitted kitchen, which features a range of contemporary wall and base units, an integrated electric oven and hob with extractor hood, and ample worktop space.
There are two well-proportioned bedrooms, offering flexible accommodation for a variety of buyers, along with a family bathroom fitted with a modern three-piece suite comprising a bath with shower over, wash hand basin and WC.
Ideally situated in the vibrant Kelham Island district, the apartment is within easy reach of Sheffield city centre and enjoys excellent access to a wide range of local amenities, including independent cafés, restaurants, bars, shops and supermarkets.
Both universities, well-regarded schools and excellent public transport links are within easy reach, making this an ideal location for professionals, students and commuters alike.
Additional Information: *Lease expiry date 2129 *Service Charge £2200 per annum and Ground Rent is £200 per annum.
*Council Tax Band C *As advised by Vendors Disclaimers and Advice: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, including but not limited to heating, plumbing or electrical systems and any appliances (if included in the sale) listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
If you already have or are considering purchasing a property to let, please contact us for specialist advice. EPC rating: B.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 34, Cornwall Works, 3 Green Lane, Sheffield
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