Summary - WATERHOUSE, 87A APARTMENT 7 PINSTONE STREET SHEFFIELD S1 2HJ
2 bed 1 bath Flat
Two-bedroom gallery flat close to universities and city amenities with long lease.
Grade II listed city centre apartment, chain-free
A bright two-bedroom apartment in a striking Grade II listed building, offered chain-free and ready for immediate occupation or let. The Waterhouse sits on the corner of Pinstone Street in the city centre, placing universities, employers and a wide range of shops, cafes and restaurants within short walking distance. The open-plan gallery living space benefits from high ceilings and large windows that bring generous natural light into the main living areas.
This leasehold flat (approx. 683 sq ft) has practical strengths for an investor or buyer seeking central convenience: a long lease (about 146 years remaining), modest ground rent, and clear rental demand from students and city workers nearby. A modern kitchen and shower room reduce immediate refurbishment costs, while the layout offers straightforward letting or owner-occupation.
There are important constraints to note. The Grade II listing will restrict external and many internal alterations and may complicate planning or permitted works. Service charges are significant (around £3,581 annually) and there is an annual ground rent (£200). Heating is by electric room heaters rather than central gas, and the building’s solid brick construction likely lacks insulation, which could affect energy costs. Broadband speeds are reported as very slow locally, and the area records very high crime — both factors that affect lettings and living comfort.
For buyers who value central access and character, this apartment offers clear potential with immediate availability. Factor in the listing restrictions, service costs and local infrastructure limitations when assessing suitability for long-term ownership or rental income.
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