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Studio for sale

£89,995 (£398/sq. ft) Fixed price

Russell Street, Sheffield S3

1 226 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 8022 7495 * or

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

Property features

  • Roof terrace
  • Balcony
  • On street/residents parking
  • Central heating
  • Double glazing
  • Lift access
  • Fully equipped gym
  • Communal lounge and games room
  • Cinema room

Property description

The latest in modern urban accommodation, located in an attractive and buzzing part of Sheffield. Designed for Buy to Let investors with wide appeal for young professionals.

Cash only! As micro-apartments generate much better yields than traditional Buy to Lets, Kelham Works offers investors a fantastic opportunity to earn a huge 9% net yield, assured for the first 3 years.

Investors need not concern themselves with locating tenants and building maintenance since each studio can be let out and managed by Noble Living. Thus providing investors with an easy and stress free solution. Income is paid quarterly in arrears.

Kelham Works is a new build property development comprised of 52 self contained luxury micro apartments, located in the trendy “urban village” of Kelham Island Quarter just north of Sheffield city centre. Situated within an industrial and architectural conservation area, the local neighbourhood has an abundance of high spec offices, stylish warehouse conversions and fashionable art galleries, cafes bars and restaurants.

With a high spec finish, affordable price and excellent onsite facilities Kelham Works is designed to appeal to young city dwelling professionals and postgraduate or international students. Each luxury studio unit comes with en-suite bathroom, kitchen, dining area and study area. Furniture packs are available. Additional building facilities include a 24/7 security system with CCTV, roof terrace, gymnasium, cinema room, laundry room and free WiFi.

Flambard Williams friendly and proficient staff will walk you through the process from start to finish, with all enquires obligation free. Please call now for further details.
Market activity
Average price paid £127,361 Sales 144 Current average value £129,962 (Zoopla Zed-Index) Value change £3,261 ▲ 2.57%

Property value data/graphs for S3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £173,440 - 3.6 £265,000
Semi-detached £122,708 £132 3.0 £106,772
Terraced £119,143 £150 3.1 £210,070
Flats £131,818 £220 1.8 £123,418

Current asking prices in S3

Average: £153,573
Avg. current asking prices in S3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £85,000
(1)
£97,500
(4)
£190,000
(1)
-
Flats £108,570
(54)
£140,581
(39)
£192,000
(4)
- £235,000
(1)
All £108,570
(54)
£139,192
(40)
£144,750
(8)
£190,000
(1)
£235,000
(1)

Current asking rents in S3

Average: £682 pcm
Avg. current asking prices in S3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £696 pcm
(6)
£682 pcm
(7)
£537 pcm
(10)
£2,520 pcm
(4)
£477 pcm
(2)
Flats £605 pcm
(101)
£791 pcm
(72)
£624 pcm
(7)
£650 pcm
(5)
£1,950 pcm
(5)
All £611 pcm
(107)
£782 pcm
(79)
£573 pcm
(17)
£1,481 pcm
(9)
£1,529 pcm
(7)

Fun facts for S3

Highest value in S3
Highest value streets Zed-Index
Edward Street £227,256
Green Lane £200,470
Victoria Street £172,652
Cavendish Street £158,137
Scotland Street £157,052
Highest turnover in S3
Highest turnover streets Turnover
Kelham Square 46.2%
Kelham Island 44.4%
Bramwell Close 37.5%
Spring Street 34.8%
Adelaide Lane 33.3%

What Zoopla users think of Sheffield

Overall rating:

  • currently 4 stars
Very good - 79% (704 ratings)

Ratings breakdown:

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

Nearby transport

  • Sheffield (0.8 miles)
  • Darnall (2.6 miles)
  • Meadowhall (3.1 miles)
  • Robin Hood Airport (20.2 miles)
  • Manchester International Airport (33.2 miles)
  • Leeds Bradford International Airport (33.9 miles)
  • Hull Ferry Terminal (55.0 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
  • Netherthorpe Primary School (0.4 miles)
  • Pye Bank CofE Primary School (0.5 miles)
  • Springfield Primary School (0.8 miles)
  • Freeman College (0.8 miles)
  • UTC Sheffield (0.9 miles)
  • The Sheffield College (1.1 miles)
  • Bethany School (0.6 miles)
  • Seven Hills School (1.2 miles)
  • All Saints' Catholic High School (1.2 miles)
Note: Distances are straight line measurements

Local info for Sheffield

About the neighbours in S3

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
Flambard Williams, CM2 on +44 20 8022 7495 * (local rate)

Monthly running costs Beta

£501 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,999
Repayment term 25
Interest rate 1.5
Your payment £323 /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.

Energy

Gas £22 Electricity £24 Estimated energy cost £46/mo

Similar properties could save up to £154

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.

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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 Flambard Williams, and do not constitute property particulars. Please contact Flambard Williams 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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