Summary - COODE, 7 FLAT 48 MILLSANDS SHEFFIELD S3 8NR
2 bed 1 bath Apartment
Turn-key two-bed with balcony and immediate rental income in vibrant riverside location.
- Kelham Island riverside location with bars and award-winning restaurants
- Bright open-plan living room with large windows and private balcony
- Two double bedrooms; approx 700 sq ft, modern finishes throughout
- Currently tenanted at £700 pcm offering immediate rental income
- Leasehold with 105 years remaining; ground rent £200 per year
- Electric room heaters only—no communal gas central heating
- Very high local crime rate; consider security and insurance implications
- Low flood risk; fast broadband and excellent mobile signal
Set on Kelham Island’s lively riverside, this contemporary two-bedroom apartment offers low-maintenance city living with strong rental appeal. The open-plan living, large windows and private balcony create a bright, social space with clear city views—ideal for entertaining or relaxing after work. Constructed in the early 2000s, the building benefits from modern double glazing and a relatively long lease of 105 years.
Currently tenanted at £700pcm, the flat presents immediate income for investors or a turn-key option for buyers prepared to occupy once vacant. Practical details include electric room heaters (no communal gas), a modest ground rent of £200, and council tax described as affordable. Flood risk is low, broadband speeds are fast and mobile signal is excellent, supporting modern working-from-home needs.
Buyers should note the neighbourhood records very high crime levels, which may influence insurance, security needs, and some buyers’ preferences. The property is in a multicultural, student-oriented area with strong nightlife and hospitality—excellent for rental demand but potentially less suited to those seeking a quiet residential street. Overall, this is a convenient, well-located flat offering reliable income potential and lifestyle access to Kelham’s cafés, restaurants and transport links.
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