Summary - Manchester Road, S36 S36 2DU
1 bed 1 bath Block of Apartments
Turn-key investment with cellar expansion potential in town centre location.
Freehold mixed-use building with two commercial units and four one-bed apartments
A recently completed mixed-use building in Stocksbridge, this freehold block offers immediate rental income and redevelopment potential. The ground floor contains two flexible commercial units suitable for retail, office or leisure uses, and the upper floors house four contemporary one-bedroom apartments finished to modern standards. The property benefits from large windows and a secure key-fob alarm system throughout.
A substantial cellar under the building presents an attractive opportunity to increase usable floorspace or add facilities, subject to planning consent from Sheffield Council. The town-centre location places shops, cafés and transport links on the doorstep, supporting both commercial lettings and residential demand. Mobile signal is excellent, which helps tenant connectivity.
Buyers should note practical drawbacks: broadband speeds in the area are slow, and local crime levels are high, factors that may affect tenant profiles and rental values. Any cellar conversion or material changes will require planning approval; purchasers should confirm permissions and costs with local planning officers. Measurements and fixtures have not been independently verified and should be checked by your surveyor.
For investors seeking a turn-key, newly built asset with short-term lettings potential and medium-term expansion possibilities, this block presents a clear, manageable project. Factor in potential refurbishment, management and planning costs when modelling yields.
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