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Studio for sale

£120,000 (£398/sq. ft) Fixed price

Hallam Lane, Sheffield S1

1 1 301 sq. ft*
Interested in this property? Call +44 114 446 8969 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Guaranteed 8% yield for the first 3 years
  • Excellent yields (up to 10%)
  • Up to 21% discount (off RICS valuation)
  • Sheffield City Centre Location
  • High rental demand
  • Off-plan investment opportunity
  • On Site Gym
  • Lease: 195 years
  • Competion Date: September 2018

Property description

Lightbox is a landmark living space of handsome proportions. Right at the heart of Sheffields thriving creative hub, the Cultural Industries Quarter, this prestige development is ideally located for city centre amenities and just a short walk from Sheffield Rail Station, the Crucible Theatre and Sheffield Hallam University.

Boasting 129 luxury one- and two- bed apartments and studios, a four-storey atrium and a stunning full-length glass roof, Lightbox is an exciting new home for Sheffields vibrant young professionals.

And a dedicated concierge, on-site gym and residents-only cinema will appeal to its discerning tenants. Planning permission for a ground floor café/restaurant has also been granted in principle.

Light box apartments are finished with the most discerning tenant in mind; to the highest specification and with a fastidious attention to detail.• Fully-fitted, modern kitchen units with stainless steel fittings, integrated electric oven and electric hob.• Contemporary bathroom suites, with full-height wall and floor tiling and thermostatically controlled shower.• Flush, oak veneered doors with chrome door furniture.• Recessed low-voltage ceiling lighting.• Satin chrome electrical sockets and switches throughout.• TV and BT. Points to living areas and bedrooms.• Audio-entry phone system from entrance door to all apartments.• Mains-operated smoke detectors.• Secure mortice locks to all apartment entrance doors and secure locking system on all windows.• Ten year structural warranty.
Market activity
Average price paid £132,273 Sales 76 Current average value £143,795 (Zoopla Zed-Index) Value change £2,776 ▲ 1.97%

Property value data/graphs for S1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £223,614 - 2.7 -
Semi-detached £168,015 - 3.0 -
Terraced £115,337 - 3.1 £127,000
Flats £144,196 £228 1.6 £131,084

Current asking prices in S1

Average: £128,848
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £99,950
(1)
- - - -
Flats £103,874
(66)
£159,140
(49)
- - -
All £103,815
(67)
£159,140
(49)
- - -

Current asking rents in S1

Average: £705 pcm
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £589 pcm
(1)
£899 pcm
(4)
- £903 pcm
(7)
£490 pcm
(4)
Flats £620 pcm
(80)
£795 pcm
(52)
£802 pcm
(3)
£705 pcm
(5)
£922 pcm
(7)
All £619 pcm
(81)
£803 pcm
(56)
£802 pcm
(3)
£820 pcm
(12)
£765 pcm
(11)

Fun facts for S1

Highest value in S1
Highest value streets Zed-Index
Regent Street £239,874
Westfield Terrace £206,978
Holly Street £194,492
Orchard Lane £188,002
Eldon Street £187,461
Highest turnover in S1
Highest turnover streets Turnover
Leadmill Street 33.3%
Brown Lane 33.3%
Eyre Lane 31.8%
St. Pauls Square 31.2%
Holly Street 28.0%

What Zoopla users think of Sheffield

Overall rating:

  • currently 4 stars
Very good - 79% (714 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Sheffield:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Sheffield (0.4 miles)
  • Darnall (2.5 miles)
  • Meadowhall (3.7 miles)
  • Robin Hood Airport (20.4 miles)
  • Manchester International Airport (33.2 miles)
  • Leeds Bradford International Airport (34.8 miles)
  • Hull Ferry Terminal (55.4 miles)
  • Liverpool Pier Head Ferry Terminal (62.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (63.0 miles)

Nearby schools

View all schools in Sheffield
  • Springfield Primary School (0.4 miles)
  • Sharrow Nursery, Infant and Junior School (0.7 miles)
  • Porter Croft Church of England Primary Academy (0.8 miles)
  • Longley Park Sixth Form College (3.0 miles)
  • Chapeltown Academy (5.2 miles)
  • Shelley College (16.9 miles)
  • Seven Hills School (0.6 miles)
  • All Saints' Catholic High School (0.6 miles)
  • Heritage Park School (0.7 miles)
Note: Distances are straight line measurements

Local info for Sheffield

AskMe Q&A for Sheffield

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Sun Casa Properties Ltd, S1 on +44 114 446 8969 * (local rate)

Monthly running costs Beta

£624 Monthly total

Mortgage

Purchase price
Deposit (10%) 12,000
Repayment term 25
Interest rate 1.5
Your payment £431 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £18/mo (£220/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £24 Estimated energy cost £43/mo

Similar properties could save up to £175

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sheffield

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Sun Casa Properties Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sun Casa Properties Ltd, and do not constitute property particulars. Please contact Sun Casa Properties Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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