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For saleReduced 5 Jun 2026
£63,000Guide price

Cutlery Works, Lambert Street, Sheffield, S3 7BG

Studio
1bathroom
Studiotype
Leaseholdtenure

Listed 7 Jun 2024 · price reduced 5 Jun 2026 · Sheffield

How the price compares

This home£63,000
Median studio in S3£85k4 homes listed · £411 per sq ft
Difference-26%below the area median

Key features

  • Secure Gated Development
  • Intercom Entry System
  • Well Equipped Studio Flat
  • Fitted Kitchen With Integrated Appliances
  • Separate Shower Room With W.C And Wash Basin
  • Central Location Close To The City And Kelham Island
  • Ideal Buy-To-Let Opportunity
  • EPC Rating: C/Council Tax: Band A
  • Leasehold: 107 Years Remaining
  • Viewing Via Banner Cross Office

About this home

IDEAL BUY-TO-LET INVESTMENT OPPORTUNITY!

Currently let on a periodic tenancy generating an income of £500 PCM is this first floor studio apartment set within this sought after development, close to Sheffield's busy City Centre and within walking distance of the fashionable Kelham Island district.

The accommodation benefits from a intercom entry system, studio lounge/kitchen area with fitted units incorporating a fridge, washing machine, cooker and hob. Gas central heating and double glazing throughout. Modern shower room with walk in shower enclosure, W.C and wash basin.

Outside there are communal grounds for residents to sit out and enjoy, accessed via a secure gated entrance.

Property details

Property type
Studio
Council tax band
A
Tenure
Leasehold
Lease remaining
108 years left
Ground rent
£150 per year (Ask agent about the review period)
Service charge
£1,342.50 per year

Floorplan

CAM01603G0-PR0054-BUILD01-FLOOR00.png

Location

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1 on this map

  • Cathedral Tram Stop0.2 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£315£6,300 deposit · £56,700 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 Saxton Mee, Sheffield on Rightmove (original listing). First listed 7 Jun 2024; details checked 7 Nov 2026. Latest change: reduced on 05/06/2026.

Agent disclaimer

Disclaimer - Property reference 33150517. 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 Saxton Mee, 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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