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£92,500
Asking price

2 bed flat for sale Queen Mary Rise, Parklands

2 beds Flat
Leasehold

Added on 16/09/2026

About this property

PROPERTY DESCRIPTION Investment Opportunity - Tenanted Two-Bedroom Flat in Prime Location A fantastic opportunity to acquire a well-presented two-bedroom flat in the highly regarded Queen Mary Rise development. This low-maintenance property is ideally located just moments from local amenities, including a supermarket and a range of shops, with excellent transport links via Sheffield Parkway and the M1 - ensuring strong tenant appeal and connectivity. The flat benefits from allocated parking and is currently let to a reliable long-term tenant on a periodic tenancy, providing immediate rental income from day one.

Key features

  • PERFECT INVESTMENT OPPORTUNITY
  • TENANT IN SITU ON A PERIODIC TENANCY
  • TWO BEDROOMS
  • ALLOCATED PARKING
  • EXCELLENT LOCATION
  • SERVICE CHARGE: £555.93PA
  • GROUND RENT: £86.57PA
  • LEASE LENGTH: 106 YEARS REMAINING
  • COUNCIL TAX BAND A
  • EPC RATING C

Floorplan

Location

Queen Mary Rise, Parklands, S2 1JL

Council tax
Band A (Approx £1,673/year)

Mortgage and stamp duty

Property price £92,500
£46k £139k
Deposit10% £9,000
£0 £93k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £83,500 mortgage. Most lenders would want a household income of about £19,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in S2 1JL. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
25, Queen Mary Rise Flat / maisonetteOct 2025678 sq ft £133/sq ft£90,000
7, Queen Mary Rise Flat / maisonetteJul 2025592 sq ft £138/sq ft£81,600
19, Queen Mary Rise Flat / maisonetteFeb 2024710 sq ft £151/sq ft£107,000
55, Queen Mary Rise Flat / maisonetteJun 2023678 sq ft £139/sq ft£94,000
1, Queen Mary Rise Flat / maisonetteApr 2023689 sq ft £174/sq ft£120,000
4, Queen Mary Rise Semi-detachedApr 2023797 sq ft £195/sq ft£155,000
31, Queen Mary Rise Flat / maisonetteFeb 2023678 sq ft £155/sq ft£105,000
53, Queen Mary Rise Flat / maisonetteJan 2023700 sq ft £140/sq ft£98,000

All sales on Queen Mary Rise → All sold prices in Sheffield →

Area insights

The neighbourhood around this property.

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