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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Apartment 2, Rialto 1, Sheffield is recorded publicly as a modern leasehold apartment across 706 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 2, Rialto 1, Sheffield is £178,862 and its rental estimate is £998 per month, given the available information and assuming reasonable condition.
Rialto, Kelham Square is a residential building on Kelham Square, Sheffield, S3 and falls within the S3 postal district and the borough of Sheffield.
Apartment 2, Rialto 1, Sheffield has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated January 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 2, Rialto 1, Sheffield, we estimate a market value of £187,806 and a rental value of £1,048 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £166,342 and £928 per month respectively.
Over the last year, Apartment 2, Rialto 1, Sheffield has seen its estimated sale value decrease by £163 (0.1%) and its estimated rental value grow by £26 per month (2.6%). This results in an estimated gross rental yield of 6.7%.
Apartment 2, Rialto 1, Sheffield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jan 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of Apartment 2, Rialto 1, Sheffield completed on 26th April 2013 at £130,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.2% over the period since April 2013.
Over the past 2 years 3 properties similar to Apartment 2, Rialto 1, Sheffield have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th April 2024, was Apartment 23, Rialto 1, Kelham Square, Sheffield, S3 8SD, a leasehold flat which sold for £190,000.
Read more about house prices in S3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Kelham Square, Sheffield, S3, Apartment 2, Rialto 1, Sheffield comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the S3 district.
From Apartment 2, Rialto 1, Sheffield, the nearest station is Sheffield, 1.3 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated high, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2, Rialto 1, Sheffield, 79.8% of property is privately rented and 12.4% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 2, Rialto 1, Sheffield, 79.5% of residents are recorded as possessing school level qualifications and 42.5% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 2, Rialto 1, Sheffield, the average age was 26.3 and the most common age was 22.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 2, Rialto 1, Sheffield, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 2, Rialto 1, Sheffield, there are an average of 0.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
