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2 bedroom Flat for sale, Bank Street, Sheffield, South Yorkshire, S1
Features and Description
- 2-bedroom apartment
- Open-plan kitchen/living area
- Tenanted – £775 PCM (periodic tenancy)
- City centre location – S1 postcode
- Close to universities, shops, transport & Kelham Island
- For Sale by the Modern Method of Auction
- Reservation Fees will apply
2-Bed Apartment for Sale
Located in the heart of Sheffield city centre, this spacious two-bedroom apartment in Wharncliffe House offers excellent value for money and strong investment potential. Currently tenanted on a periodic tenancy, the property generates a monthly rental income of £775, delivering a gross yield of approximately 10.9%.
Property Highlights:
Two well-proportioned bedrooms
Open-plan kitchen and living area
Bathroom with three-piece suite
Secure entry system and lift access
Tenanted with no void period – income from day one
£85,500 | Tenanted | £775 PCM Rental Income | Approx. 10.9% Gross Yield
Great Opportunity for Investors or First-Time Buyers
Why Live Here?
Wharncliffe House is ideally located for anyone who wants the convenience of city living. With major landmarks, universities, transport links, and entertainment all within walking distance, it’s perfectly suited for students, professionals, and city centre workers alike.
Nearby Landmarks & Amenities:
Sheffield Cathedral – 2 minutes’ walk
Fargate and The Moor – for shopping, cafes, and restaurants
Kelham Island – vibrant food, drink, and cultural scene
Sheffield Hallam University – 10 minutes’ walk
University of Sheffield – 15 minutes’ walk
Sheffield Train Station – 10-15 minutes’ walk
This apartment offers an excellent opportunity for buyers seeking a well-placed city property, whether you're adding to your portfolio or stepping onto the property ladder.
Enquire now to arrange a viewing.
**** AUCTION TERMS ****
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Entrance Hall
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A long entrance hallway gives access to the Living space, Bedrooms and Bathroom, as well as housing the airing cupboard and wash machine.
Open Plan Living Room / Kitchen
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With dual aspect windows, the Living Area is a light and bright area, with the kitchen to one wall. Inside contains 2 sofas, coffee table and tv stand.
Bedroom 1
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With two windows, this double bedroom is very bright and spacious. It contains a double bed and a wardrobe.
Bedroom 2
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A 2nd double bedroom with two windows making the bedroom bright again. Contains a double bed and a wardrobe.
Bathroom
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A large bathroom with a fitted bath and shower over-head, a WC and pedestal wash-hand basin.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Bank Street, Sheffield, South Yorkshire, S1

Additional Information
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Property refSCI250093
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EPCB
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TenureLeasehold
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Lease length113 years
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Council TaxA
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Local authoritySheffield City Council
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Ground Rent£300
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Ground Rent ReviewContact the branch
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Service Charge£3,784

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With dual aspect windows, the Living Area is a light and bright area, with the kitchen to one wall. Inside contains 2 sofas, coffee table and tv stand.

A large bathroom with a fitted bath and shower over-head, a WC and pedestal wash-hand basin.


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Current
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83CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs