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£70,000
Asking price

1 bed flat for sale Lowedges Drive, Lowedges, Sheffield, S8 7LT

1 bed 1 bath Flat
Leasehold

Added on 16/09/2026

About this property

Located in the residential area of Lowedges Drive, this charming one-bedroom ground floor flat presents an excellent opportunity for both investors and first-time buyers. Offered for sale with no onward chain, the property is currently tenanted, generating a monthly rental income of £550, which equates to a remarkable gross yield of 9.5%.

Key features

  • One bedroom
  • Current rental income £550 PCM 9.5% gross yield
  • Ground Floor
  • Separate kitchen and living area
  • Communal grounds
  • Ideal for a first time buyer or investor
  • No onward chain
  • Energy Performance Rating C

Floorplan

Location

Lowedges Drive, Lowedges, Sheffield, S8 7LT

Council tax
Band D (Approx £2,467/year)

Mortgage and stamp duty

Property price £70,000
£35k £105k
Deposit10% £7,000
£0 £70k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £63,000 mortgage. Most lenders would want a household income of about £14,000 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 S8 7LT. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
8, Lowedges Drive TerracedSept 2025829 sq ft £170/sq ft£140,500
10, Lowedges Drive TerracedJun 2025764 sq ft £187/sq ft£143,000
36, Lowedges Drive TerracedApr 2025797 sq ft £188/sq ft£150,000
38, Lowedges Drive Semi-detachedJun 2022775 sq ft £181/sq ft£140,650
28, Lowedges Drive TerracedMay 2022775 sq ft £173/sq ft£134,000
30, Lowedges Drive TerracedDec 2020797 sq ft £148/sq ft£118,000
22, Lowedges Drive TerracedOct 2015797 sq ft £109/sq ft£87,000
2, Lowedges Drive Flat / maisonetteOct 2015409 sq ft £112/sq ft£46,000

All sales on Lowedges Drive → All sold prices in Sheffield →

Area insights

The neighbourhood around this property.

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