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Collaborating in logistics, warehouse + industrial property

Status:Available
Address:Norfolk Barracks, 132 Clough Road, Lowfield, Sheffield, S2 4BN
Type: Investment
Size: 25 BED ASSET
Price: £1,500,000
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Contact Details

0113 387 3378
Steven@LM1.agency
07552 476 571
Matt@LM1.agency
07960 708 544

Norfolk Barracks, 132 Clough Road, Lowfield, Sheffield, S2 4BN

About the property

  • Freehold sale
  • Price £1,500,000
  • Fully let to students on 12 month AST’s for academic year 24 / 25
  • Current rental income of £164,528 per annum
  • 10 apartments with a total of 25 beds
  • A combination of 1, 2 and 3 bed apartments
  • Situated near the historic Bramall Lane, home of Sheffield United.
  • Grade II listed
  • Suitable for conversion to independent apartments or let to private individuals.
  • Reversionary income subject to installing individual electric meters to each apartment

A well established development in a great location close to the city. A stunning brick building formerly used as barracks for 4th West York Artillery Volunteers, built by Andrew Handyside in 1878. Converted in 2011 to 10 apartments for students by a local Landlord, the building has been well maintained and kept up to a competitive standard with other accommodation in the city by continued investment over the last 10 years.
The property presents a unique and interesting building which comprises a combination of 1, 2 and 3 bed apartments all with modern open kitchen and living room areas, washer dryers, CCTV and coded entrances. Private off street parking, fibre broadband internet connection and bicycle storage.