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Studio for sale

£89,995

Great Investment - Kelham Island, Sheffield S3

1 1
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Property features

  • Great Buy-to-let
  • Great Location
  • Investment Opportunity

Property description

Description

Fantastic investment opportunity in the heart of Kelham Island.

Brand new, off-plan studio apartments in the great location close to the city centre, universities and hospitals.

Available from £89,995 with 3yrs guaranteed 8% return!

35% payable on exchange of contracts with the final 65% on completion (expected sept 2019)

Property info

View original

Market activity
Average price paid £125,104 Sales 162 Current average value £129,335 (Zoopla Zed-Index) Value change £6,534 ▲ 5.32%

Property value data/graphs for S3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £172,497 - 3.6 £195,000
Semi-detached £122,088 £131 3.0 £100,675
Terraced £119,439 £154 3.1 £209,461
Flats £130,848 £221 1.8 £117,929

Current asking prices in S3

Average: £147,211
Avg. current asking prices in S3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £87,500
(2)
£104,983
(3)
£227,500
(2)
£299,950
(1)
Flats £111,367
(60)
£144,524
(48)
£185,000
(7)
£185,783
(1)
-
All £111,367
(60)
£142,243
(50)
£160,995
(10)
£213,594
(3)
£299,950
(1)

Current asking rents in S3

Average: £1,613 pcm
Avg. current asking prices in S3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £437 pcm
(9)
£784 pcm
(3)
£540 pcm
(7)
£789 pcm
(4)
£1,251 pcm
(3)
Flats £2,806 pcm
(133)
£783 pcm
(83)
£617 pcm
(8)
£498 pcm
(1)
-
All £2,656 pcm
(142)
£783 pcm
(86)
£581 pcm
(15)
£731 pcm
(5)
£1,251 pcm
(3)

Fun facts for S3

Highest value in S3
Highest value streets Zed-Index
Edward Street £228,523
Green Lane £202,902
Victoria Street £171,079
Cavendish Street £158,409
Weston Street £156,128
Highest turnover in S3
Highest turnover streets Turnover
Kelham Square 53.8%
Kelham Island 46.2%
Bramwell Close 43.8%
Adelaide Lane 35.7%
Spring Street 35.6%

What Zoopla users think of Sheffield

Overall rating:

  • currently 4 stars
Very good - 79% (746 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 (0.8 miles)
  • Darnall (2.6 miles)
  • Meadowhall (3.2 miles)
  • Robin Hood Airport (20.2 miles)
  • Manchester International Airport (33.2 miles)
  • Leeds Bradford International Airport (33.9 miles)
  • Hull Ferry Terminal (55.1 miles)
  • Liverpool Pier Head Ferry Terminal (62.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (62.9 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)
  • Longley Park Sixth Form College (2.2 miles)
  • Chapeltown Academy (4.3 miles)
  • Shelley College (16.1 miles)
  • Seven Hills School (1.2 miles)
  • All Saints' Catholic High School (1.2 miles)
  • King Edward VII 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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For more information about this property, please contact
Sheff Lets, S11 on +44 114 446 9210 * (local rate)

Monthly running costs Beta

£500 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 £21 Electricity £24 Estimated energy cost £45/mo

Similar properties could save up to £193

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 Sheff Lets 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 Sheff Lets, and do not constitute property particulars. Please contact Sheff Lets 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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