Skip to main content Skip to footer

Studio for sale

£65,750 (£235/sq. ft) Fixed price

Priestley Street, Sheffield S2

1 1 280 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 description

Investors only!

Fantastic investment opportunity with extremely low entry levels, in what is currently one of the strongest property markets in the UK. Sheffield continues to see a high demand for student housing.

Royal Riverside represents a stable and robust investment opportunity, with purchase prices starting from £63,500 and come with an assured net rental yield of 8% per annum, for those that choose to appoint the on-site management.

This is a substantial real estate investment opportunity in a 5-storey building with circa 127 apartments. Royal Riverside is conveniently located less than 10 minutes walk from Sheffield Railway Station, Sheffield Hallam University and the City centre and all apartments are offered for sale with 250 years leasehold.
Market activity
Average price paid £119,477 Sales 302 Current average value £116,040 (Zoopla Zed-Index) Value change £2,610 ▲ 2.30%

Property value data/graphs for S2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £194,601 £160 3.0 £182,919
Semi-detached £119,689 £140 2.8 £125,565
Terraced £111,871 £133 2.8 £115,434
Flats £110,813 £185 1.9 £94,276

Current asking prices in S2

Average: £109,858
Avg. current asking prices in S2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £103,650
(16)
£130,170
(23)
£218,750
(4)
£135,000
(4)
Flats £73,100
(35)
£121,366
(19)
£96,667
(3)
£299,950
(1)
-
All £73,100
(35)
£113,267
(35)
£126,304
(26)
£234,990
(5)
£135,000
(4)

Current asking rents in S2

Average: £842 pcm
Avg. current asking prices in S2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £418 pcm
(18)
£596 pcm
(15)
£630 pcm
(30)
£832 pcm
(38)
£1,295 pcm
(28)
Flats £474 pcm
(53)
£650 pcm
(55)
£876 pcm
(11)
£1,001 pcm
(8)
£1,587 pcm
(6)
All £460 pcm
(71)
£639 pcm
(70)
£696 pcm
(41)
£861 pcm
(46)
£1,346 pcm
(34)

Fun facts for S2

Highest value in S2
Highest value streets Zed-Index
Norfolk Road £341,252
Norfolk Park Avenue £203,618
Exchange Street £201,923
Midhill Crescent £195,892
Fitzwalter Road £194,824
Highest turnover in S2
Highest turnover streets Turnover
Delf Street 44.6%
Myrtle Close 43.1%
Belgrave Square 41.7%
Manor Oaks Drive 38.7%
Spurr Street 37.8%

What Zoopla users think of Sheffield

Overall rating:

  • currently 4 stars
Very good - 79% (713 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 (0.5 miles)
  • Darnall (2.4 miles)
  • Dore & Totley (3.7 miles)
  • Robin Hood Airport (20.3 miles)
  • Manchester International Airport (33.5 miles)
  • Leeds Bradford International Airport (35.1 miles)
  • Hull Ferry Terminal (55.3 miles)
  • Liverpool Pier Head Ferry Terminal (63.2 miles)
  • Liverpool Isle of Man & Dublin Terminal (63.3 miles)

Nearby schools

View all schools in Sheffield
  • Lowfield Community Primary School (0.6 miles)
  • Sharrow Nursery, Infant and Junior School (0.6 miles)
  • Anns Grove Primary School (0.7 miles)
  • Longley Park Sixth Form College (3.3 miles)
  • Chapeltown Academy (5.5 miles)
  • Shelley College (17.4 miles)
  • Seven Hills School (0.3 miles)
  • All Saints' Catholic High School (0.3 miles)
  • Heritage Park School (0.4 miles)
Note: Distances are straight line measurements

Local info for Sheffield

About the neighbours in S2

AskMe Q&A for Sheffield

Ask a question

See all AskMe Q&A in Sheffield

* 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

£438 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,575
Repayment term 25
Interest rate 1.5
Your payment £236 /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 £26/mo (£310/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 £21 Electricity £23 Estimated energy cost £44/mo

Similar properties could save up to £168

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 Flambard Williams about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

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.

Properties on the market nearby

83 more properties like this

View all Priestley Street new homes for sale