Cutlery Works, Lambert Street, Sheffield
By Saxton Mee
£ 70,000
Reviews
2 out of 5 stars
Saxton Mee says ..
IDEAL BUY-TO-LET INVESTMENT OPPORTUNITY! Currently let on a periodic tenancy generating an income of £500 PCM is this first floor studio apartment set within this sought after development, close to Sheffield's busy City Centre and within walking distance of the fashionable Kelham Island ...
Property Oracle says ..
This studio apartment in Sheffield’s Cutlery Works development presents a potentially attractive option for buyers or investors. The property’s location in the city centre, near Kelham Island, offers easy access to amenities, transport links, and a vibrant social scene. The interior photos showcase a modern, well-maintained space with a functional kitchen and bathroom. While the apartment itself is compact, the design maximises space. The lack of outdoor space is typical for urban apartments of this type. The price point of £70,000 seems competitive when considering similar properties in the area; however, without further details on square footage and the overall condition of the building, it’s difficult to make a definitive statement on value. Further due diligence would be recommended to prospective buyers. Potential investors should carefully consider rental yields and property management costs before making a purchase decision. The provided photos only illustrate the apartment’s interior and a small section of the building’s exterior. Further photos would be helpful to get a full picture of the property and surrounding areas.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 285.35
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 123,441.00 £Decreased by 13.64 %
- Est sale value
- 66,201.20 £Increased by 20.83 %
- Average area rental value
- 1,222.00 £/moIncreased by 27.69 %
- Est letting value
- 570.70 £/moIncreased by 100.00 %
- Est rental Yield
- 11.88 %Increased by 47.95 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Saxton Mee marked this listing as sold.
Saxton Mee created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sheffield Hallam University | Higher Education Institutions | Requires improvement | 0.94 KM |
| Astrea Academy Sheffield | Free Schools | 0.97 KM | |
| Freeman College | Special Post 16 Institution | Good | 0.99 KM |
| Netherthorpe Primary School | Community School | Good | 1.04 KM |
| Utc Sheffield City Centre | University Technical College | Good | 1.21 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Gibraltar Buildings Apartments | £ 0 | 0 | 0.00 KM |
| Bower Spring | £ 0 | 0 | 0.00 KM |
| Sims Street | £ 0 | 0 | 0.00 KM |
| Lee Croft | £ 0 | 0 | 0.00 KM |
| Little Kelham Square | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sheffield | 6691 | SHF | 1.35 KM |
| Darnall | 6729 | DAN | 6.55 KM |
| Meadowhall | 6663 | MHS | 7.42 KM |
| Dore And Totley | 6690 | DOR | 8.04 KM |
| Chapeltown (South Yorkshire) | 6664 | CLN | 8.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cutlery Works, Lambert Street, Sheffield | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| Cutlery Works, 33 Lambert Street, City Centre, Sheffield, S3 | £ 95,000 | BUY | Unknown | 0.04 KM |
| Cutlery Works, 33 Lambert Street, City Centre, Sheffield, S3 | £ 75,000 | BUY | Unknown | 0.04 KM |
| Cutlery Works, 33 Lambert Street, Sheffield, South Yorkshire, S3 | £ 70,000 | BUY | Unknown | 0.04 KM |
| 33 Lambert Street, Sheffield, S3 | £ 68,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 99 Hawley Street | £ 114,000 | 0.29 KM |
| 101 Hawley Street | £ 110,000 | 0.29 KM |
| 75 Hawley Street | £ 93,000 | 0.29 KM |
| 59 Hawley Street | £ 33,500 | 0.29 KM |
| 23 Hawley Street | £ 80,000 | 0.29 KM |