Kelham Works, Alma Street, Sheffield
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Kelham Works, Alma Street, Sheffield

By haus

£ 45,000

Reviews

2 out of 5 stars

haus says ..

Guide Price £45,000 - £50,000 CASH OFFERS ONLY Located in the heart of trendy Kelham is a modern studio apartment on the fourth floor, which benefits from communal roof top outside terrace and far-reaching city views. Perfect location close to the city centre which features pri...

Property Oracle says ..

This studio apartment in Kelham, Sheffield, presents a compelling proposition for potential buyers looking for an affordable city-centre living option. Situated within Kelham Works, the development enjoys a trendy location, benefiting from proximity to the city centre and associated amenities. The images showcase a modern and well-maintained interior, with a contemporary kitchen and bathroom. Notably, the apartment includes access to a communal rooftop terrace, offering additional outdoor space, although limited to shared use. The lack of information regarding the buildings amenities and service charge should be investigated. A significant factor is the requirement for cash offers only, suggesting that financing the purchase may be more challenging for potential buyers, potentially impacting the marketability. The property would likely appeal most to investors or first-time buyers comfortable with the cash-only transaction and the compromises associated with studio living. Further investigation into the service charge, building insurance, and potential for rental income will be necessary to make a comprehensive assessment of its overall viability. Given the information presented, the property may present an opportunity for a buyer, however, more research should be carried out to avoid making a hasty financial decision.

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
8
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
219.40

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 %
from 142,936.00 £
Est sale value
50,900.80 £
Increased by 20.83 %
from 42,124.80 £
Average area rental value
1,222.00 £/mo
Increased by 27.69 %
from 957.00 £/mo
Est letting value
438.80 £/mo
Increased by 100.00 %
from 219.40 £/mo
Est rental Yield
11.88 %
Increased by 47.95 %
from 8.03 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • haus marked this listing as sold.

  • haus created the listing.

Nearby Schools

NameTypeOfstedDistance
Astrea Academy SheffieldFree Schools0.77 KM
Netherthorpe Primary SchoolCommunity SchoolGood0.98 KM
Pye Bank Cofe Primary SchoolAcademy Converter1.15 KM
Sheffield Hallam UniversityHigher Education InstitutionsRequires improvement1.23 KM
Freeman CollegeSpecial Post 16 InstitutionGood1.32 KM

Images

Kitchen Kelham Works Studio Apartment Studio Apartment Roof Top Terrace Kitchen Surrounding Area Views Shower Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Kelham Gardens £ 000.00 KM
Ebenezer Place £ 000.00 KM
Little Kelham Square £ 000.00 KM
Alma Row £ 000.00 KM
Gibraltar Buildings Apartments £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Sheffield6691SHF1.62 KM
Darnall6729DAN6.66 KM
Meadowhall6663MHS7.36 KM
Dore And Totley6690DOR8.24 KM
Chapeltown (South Yorkshire)6664CLN8.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kelham Works, Alma Street, Sheffield £ 45,000BUY5 / 100.00 KM
Kelham Works, Alma Street, Sheffield £ 45,000BUY5 / 100.00 KM
Alma Street, Sheffield, South Yorkshire, S3 £ 55,000BUY5 / 100.03 KM
Green Lane, Sheffield, South Yorkshire, S3 £ 160,000BUY5 / 100.03 KM
Eagle Lane, Kelham, Sheffield £ 380,000BUYUnknown0.04 KM

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