Summary - 10 STORE STREET SHEFFIELD S2 4DA
3 bed 1 bath Terraced
Auction-ready investment with approved plans to create two rental flats near universities.
- Planning permission approved to create one-bed and two-bed apartments
- Vacant possession and no upward chain, sold at online auction
- 388-year lease; nominal ground rent (£8 per year)
- Requires updating throughout; evidence of damp and modernization needed
- Medium flood risk; take specialist insurance advice
- On-street permit parking; quiet residential road
- Above-average local crime; consider security and tenant profiling
- Walking distance to central Sheffield, universities and local amenities
A three-bedroom mid-Victorian terrace arranged over three floors, offered with vacant possession and no upward chain. The property has full planning approval to convert into two self-contained flats: a ground-floor one-bedroom and a two-bedroom upper apartment, making this a clear development or buy-to-let opportunity.
The house benefits from a long lease (388 years) and nominal ground rent. It sits on a quiet residential street with a permit parking scheme and is within walking distance of central Sheffield, local amenities and the universities — convenient for students or commuter tenants. Broadband and mobile signals are reported as good.
The accommodation is light but dated and will need updating throughout; signs of damp and general modernization work are noted. The building is of solid brick construction with presumed lack of wall insulation. There is a medium flood risk and local crime levels are above average, factors investors should consider for pricing and insurance.
This lot will be sold at online auction — purchasers must follow the auction terms and conditions. The approved change of use and layout reduces planning risk for conversion, but refurbishment costs and ongoing maintenance will be required to achieve rental-standard flats or modern family accommodation.
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