Apartment 112, Daisy Spring Works, 1 Dun Street, Sheffield, South Yorkshire

Description

A first-floor flat with two bedrooms. The accommodation comprises an open plan living area and kitchen, two bedrooms, an ensuite shower room and bathroom. There is a balcony. The property is well located for all amenities and transport links. The total approximate floor area, taken from the EPC, is 58m2. All services/appliances have not and will not be tested.

Accommodation

Open plan living area and kitchen, two bedrooms, an ensuite shower room, bathroom and balcony.

Location

Well located for all amenities and transport links.

Tenure / Property Information

Investment Analysis

The supplied same-address sold evidence ranges from £70,000 to £145,000. The two most recent sales were £70,000 in June 2026 and £80,000 in June 2025, providing the strongest current indicators. A base GDV of £80,000 is used, with a wide evidence-based range of £70,000 to £145,000 because the comparable sale prices vary substantially and property-specific condition, specification and exact unit details are not supplied. Advertised two-bedroom rents at the same development range from £875 to £975 pcm; these are asking rents, not achieved rents.

Investment Snapshot

Strategy Recommendation

Potentially attractive as a low-entry BTL based on the advertised rent evidence, but proceed only after confirming leasehold charges, legal-pack disbursements, condition and achievable rent. Do not rely on the apparent BRRR or flip margin without verified costs.

Works Required

No specific refurbishment works are evidenced. The flat is described as having an open-plan living/kitchen area, two bedrooms, ensuite, bathroom and balcony, with an EPC rating of C. All services and appliances are untested, so inspection and legal-pack review are required before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £80,000 base GDV, a 75% refinance is £60,000. Against the £55,000 guide plus the £1,200 minimum buyer premium, this leaves only £3,800 before works, legal-pack disbursements, finance and other costs. As refurbishment costs, service charges and disbursements are unknown, the cash requirement and BRRR viability cannot be established.

Buy-to-Let Analysis

At the £55,000 guide, the £875-£975 pcm asking-rent range implies an indicative gross yield of approximately 19.1%-21.3%. This is based on advertised asking rents and excludes service charge, ground rent, maintenance, voids, management, finance, tax, legal costs and any disbursements. A reliable net yield cannot be established because leasehold charges and other purchase costs are not supplied.

Flip Analysis

The £80,000 base GDV indicates a gross value spread of £25,000 against the £55,000 guide before the £1,200 buyer premium, selling costs, finance, works and other costs. A reliable flip surplus cannot be calculated because no supported works allowance or selling-cost allowance is provided. The wide same-address sales range also creates material resale uncertainty.

Investor Risks & Due Diligence

• Same-address sold prices vary materially from £70,000 to £145,000, creating uncertainty around the applicable GDV.

• Rental figures are advertised asking rents and may not be achieved.

• Ground rent and service charge must be confirmed from the legal pack.

• Services and appliances have not been and will not be tested.

• Buyer premium is subject to a £1,200 minimum, with possible legal-pack disbursements, search fees, seller-cost reimbursements, legal fees or transfer fees.

• Leasehold title and any associated obligations require legal-pack review.

Recommendation

Potentially attractive as a low-entry BTL based on the advertised rent evidence, but proceed only after confirming leasehold charges, legal-pack disbursements, condition and achievable rent. Do not rely on the apparent BRRR or flip margin without verified costs.

Strategy Rating

Analysis Confidence

There is useful same-address sales and rental evidence, but the sales range is wide, rents are advertised rather than achieved, and leasehold charges, disbursements, condition and refurbishment costs are unavailable.