Norfolk Barracks, 132 Clough Road, Lowfield, Sheffield, S2 4BN
Property Summary
• 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
Full Details
Location
The property is located on Clough Road, which feeds onto Shoreham Street that runs
adjacent to Sheffield United football ground and parallel to Bramall Lane. Both of these
roads link to Sheffield ring road (A61) which continues to the A57 and junction 33 of the
M1.
The property is within a few hundred yards of Sheffield City Centre. Sheffield train
station similarly is also within a few hundred yards walk
Description
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.