Summary - CRACKNELL FLAT 52 MILLSANDS SHEFFIELD S3 8NE
2 bed 2 bath Flat
City-centre two-bed with parking, lift access and strong rental potential.
Two bedrooms and two bathrooms including principal en-suite
This modern two-bedroom, two-bathroom apartment sits in a well-maintained riverside block close to Sheffield station and the city’s universities, making it an attractive buy-to-let or city-base for professionals. The open-plan lounge, dining and fitted kitchen creates a bright social hub, while an en-suite to the principal bedroom adds tenant appeal. Allocated off-street parking, lift access and secure entry increase convenience and security for occupiers.
Practical details suit investors: the long lease (circa 977 years) removes common leasehold timing risks, and council tax is described as affordable. The block has an annual ground rent and service charge review, so running costs can vary—factor this into projected yields. Heating is via electric storage heaters, which typically mean higher running costs than gas central heating.
Be clear on material negatives: the property is in a cosmopolitan student neighbourhood with very high local crime statistics, and the site has a medium flooding risk. These factors can affect both rental demand and insurance costs. Prospective buyers should check current service charge levels, ground rent commitments and insurance premiums before committing.
Overall, this compact, contemporary apartment offers strong location-driven appeal for investors targeting students, professionals, or short-term lets, provided you account for running costs and local area considerations.
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