£145,000

2 bed flat for sale
Millsands, Sheffield S3

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Leasehold

Letting Elites

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About this property

  • Fifth-floor apartment with scenic river views

  • Secure undercroft parking included

  • Short walk to Sheffield City Centre

  • Convenient access to the M1 motorway

  • 24-hour concierge service

  • Two well-proportioned double bedrooms

  • Open-plan kitchen, dining and living space

  • Secure gated complex with controlled entry

  • Water rates included in the rent

  • Private balcony with River Don outlook

  • Lift access

Tenanted Investment Opportunity – 198 Pinsent, Millsands, Sheffield
£895 pcm • Tenants in situ • 973-year lease remaining • Secure parking

A stylish fifth-floor two-bedroom apartment in the prestigious Pinsent building, part of the gated Millsands development. Overlooking the River Don and offering secure undercroft parking, this property provides a strong turnkey investment in a high-demand rental location close to Sheffield City Centre and Kelham Island.

The apartment is sold with reliable tenants in situ, generating £895 per month. The tenancy is fully compliant with the Renters’ Rights Act, operating as a statutory periodic tenancy. The deposit (£1,032.69) is protected with TDS Custodial, and the tenant has paid on time since moving in on 27 March 2026.

Inside, the property features a bright open-plan living/dining/kitchen area with integrated appliances, leading to a private balcony with river views. Two double bedrooms include a master with built-in wardrobes, and the modern bathroom offers a clean three-piece suite. Additional hallway storage adds practicality. The development benefits from secure gated access and a full-time concierge.

Located opposite the Home Office and within walking distance of Kelham Island’s bars, cafés, and amenities, the area remains one of Sheffield’s strongest rental markets.

Investment Highlights:
• Tenants in situ on statutory periodic tenancy
• £895 pcm rental income
• Deposit protected (TDS Custodial)
• Tenant pays on time
• 973 years remaining on 999-year lease
• Service charge: £3,500 p/a
• Ground rent: £218.58 p/a
• Secure undercroft parking
• High-demand central location

Note: As per the Renters’ Rights Act, fixed terms and Section 21 no longer apply. Any future possession would require valid legal grounds.

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More information

  • Tenure

    Leasehold (973 years)

  • Service charge

    £3,500 per year

  • Council tax band

    C

  • Ground rent

    £219

  • Ground rent date of next review

  • Report this listing
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