1-bedroom flat · S3 8RN
For saleListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NO ONWARD CHAIN ** TOP FLOOR APARTMENT ** PRIVATE BALCONY ** This fabulous one double bedroom, top floor apartment forms part of the popular Kelham Riverside gated development, and is offered to the open market with no onward chain.
Well presented throughout in a neutral décor, the apartment enjoys an open plan living/dining/kitchen which has patio doors that lead to a private balcony overlooking the River Don.
The accommodation briefly comprises an entrance hall which has a useful cupboard that also houses a washing machine, a double bedroom, a bathroom that has a white suite with a shower over the bath, and an open plan living kitchen.
The kitchen has fitted cupboards, an integrated dishwasher, electric oven, electric hob, and a free standing fridge freezer.
In our opinion the property would make an ideal purchase for a first time buyer or for an investor looking for a low maintenance rental property.
Outside - The property features a private balcony to the rear which enjoys river views and offers enough space for a small table and chairs.
Location - Kelham Island is within easy reach of Sheffield City Centre with excellent transport links on its doorstep.
The area has award winning restaurants and pubs including the Bar Kelham, Hymn to Ninkasi and the Fat Cat pub with its award winning real ales.
With easy access to the City and with local pleasant walks along the river, the property is in a fashionable, up and coming location with a quirky range of property styles, independent local businesses and an excellent vibe.
Material Information - The property is Leasehold with a term of 125 years running from the 30th January 2009. The property is currently Council Tax Band B. Valuer - Chris Spooner ANEA
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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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 Millau, Kelham Island, Sheffield, S3
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