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Cutlery Works, 33 Lambert Street, City Centre, Sheffield, S3
For sale
£75,000Offers in region of

Cutlery Works, 33 Lambert Street, City Centre, Sheffield, S3 7BG

1bedroom
1bathroom
Flattype
340sq ft
Leaseholdtenure

Listed 15 Oct 2026 · Sheffield

How the price compares

This home£75,000£221 per sq ft
Median 1 bed in S3£75k16 homes listed · £209 per sq ft
Difference0%in line with the area

Key features

  • Spacious Studio
  • Gated Development
  • Potential Net Yield of 8.7%
  • City Centre Location
  • Beautifully Converted Well Maintained Development
  • Ideal First Home
  • No Chain
  • EPC Rating C

About this home

Belvoir Sheffield are delighted to present this attractive first-floor studio apartment, situated within the sought-after Cutlery Works development. Set within a secure, gated community, this property combines historic character with modern convenience and would make an ideal purchase for first-time buyers or investors alike. With potential rental income of £650 per calendar month, it also offers an appealing buy-to-let opportunity. The apartment features a well-designed open-plan layout, incorporating living, kitchen and sleeping areas into one bright and versatile space. The contemporary kitchen is fitted with integrated appliances, including an oven, hob, fridge and washing machine, providing practical and convenient everyday living. The bathroom is well appointed and comprises a bath with shower over, wash basin and WC. Cutlery Works is a characterful residential development, converted in 2007, offering a distinctive blend of historic charm and modern living. Ideally positioned within easy walking distance of Sheffield's universities and city centre amenities, the property is also well placed for public transport links, providing convenient access to the wider city and beyond. The apartment currently has a tenant in situ, who is due to vacate in December 2026. This provides flexibility for an investor looking to secure a property for future letting or for an owner-occupier wishing to move in once vacant possession is available. *Remaining Lease 105 years *Ground Rent £150 Per annum *Service Charge £970 per annum + £159 buildings insurance *Council Tax Band A *As advised by Vendors Disclaimers and Advice: We endeavour to make our sales 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. Any services, including but not limited to heating, plumbing or electrical systems and any appliances (if included in the sale) listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. 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 by separate negotiation. If you already have or are considering purchasing a property to let, please contact us for specialist advice. EPC rating: C. Tenure: Leasehold, Service charge description: £970 service charge £159 insurance, Length of lease (remaining): 104 years 8 months,

Property details

Property type
Flat
Size
340 sq ft / 32 sq m
Council tax band
A
Tenure
Leasehold
Ground rent
£150 per year (Ask agent about the review period)
Service charge
£1,100 per year
Parking
No parking
Heating
Gas central
Accessibility
1st floor

Floorplan

Floorplan

Location

Skip map

1 on this map

  • Cathedral Tram Stop0.3 mi
  • City Hall Tram Stop0.3 mi
  • Castle Square Tram Stop0.3 mi

What nearby homes sold for

Median sold prices in S3 over the last 12 months: flat £120k · semi-detached £190k · terraced £130k.

AddressTypeSoldPrice
Apartment 38, Cutlery Works, 33, Lambert Street
Sheffield S3 7BG
Flat
Leasehold
15 May 2026£73,000
Apartment 2, Cutlery Works, 33, Lambert Street
Sheffield S3 7BG
Flat
Leasehold
19 Dec 2025£88,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in S3

Buying costs

Monthly repayment£375£7,500 deposit · £67,500 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Belvoir, Sheffield on Rightmove (original listing). First listed 15 Oct 2026; details checked 7 Nov 2026. Latest change: added on 15/10/2026.

Agent disclaimer

Disclaimer - Property reference P2749. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Sheffield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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