From

£164,500

1 bed flat for sale
Plot 5 Alma Court, Sheffield S3

    • 1 bed

    • 1 bath

    • 1 reception

Just added
New home
Chain free
Leasehold
Added on 16/07/2026

About this property

  • Premium Kelham Island address, one of the UK's most in-demand postcodes

  • On-site residents' gym and concierge

  • 6.9% projected gross yield

  • Beside the £300m West Bar regeneration

  • Walking distance to both universities

  • Long leasehold, suited to buy-to-let mortgage lending

  • Chain free

  • £950 pcm projected rent

  • Supertram, train station and M1 all close by

  • Strong rental and capital growth across Kelham in recent years

Description

Alma Court is a modern development in the heart of Kelham Island, Sheffield's most talked-about neighbourhood and a regular fixture on "best places to live" lists. This one-bedroom apartment has bright, open-plan living with a fitted kitchen and a contemporary bathroom, finished to a high standard. Residents share an on-site gym and a concierge, the kind of managed amenity that keeps a premium apartment let and void periods short. The setting is the real draw: The independent bars, breweries and restaurants that made Kelham's name are on the doorstep, with the River Don, West Bar and the city centre all within a short walk.

Investment

Kelham Island has gone from post-industrial quarter to one of Sheffield's premium districts in barely a decade, and prices have followed. It sits within the S3 outcode between two universities whose combined student and graduate population runs to roughly 60,000, and the city retains a high share of those graduates in work. The neighbouring West Bar regeneration is adding offices, homes and public space on former brownfield land, reinforcing demand across the northern edge of the centre. Buyers come here for capital growth as much as income: Entry prices stay well below Leeds or Manchester, and well-run one-beds let quickly to professionals and postgraduates.

Why Invest

*£164,950* guide price sits mid-range for premium Kelham Island one-beds now selling around *£165,000. Projected rent of *£950 pcm** delivers a gross yield of *6.9%.
Kelham has seen strong rental and capital growth, backed by roughly *£300m** of West Bar regeneration nearby and a student population of about *60,000*. Chain free. Early enquiries advised.

All figures are illustrative and based on comparable local market data. Rental income and yields are projections and not guaranteed.

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Monthly repayment

£822 per month

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More information

  • Tenure

    Leasehold (250 years)

  • Service charge

    £1,985 per year

  • Council tax band

  • Ground rent

  • Ground rent date of next review

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