To let Flat

FLAT 13

56 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE S1 2PH

1 beds 1 baths 700 sq ft Listed 13 Mar 2026 (-92d)

£800 pcm

Reduced on 21 Apr 2026

Save
Open Plan Lounge & Kitchen

Open Plan Lounge & Kitchen Photo 2 Photo 3 Open Plan Lounge & Kitchen Photo 5 En-Suite Bedroom Photo 8 Entrance Hallway Entrance Hallway Photo 11

/ 11

Property details

Floor area

65 m²

Council tax band

A

Last sold

£175,385 Jul 2023

Price per m²

£12/m²

Local average

£104,484 (-99.2%)

Deprivation

Decile 4 (11,764 of 33,755)

Street crime

1060 incidents within 1 mile (Apr 2026)

Key features

  • An Outstanding One-Bedroom Apartment
  • Desirable City Centre Location
  • An Open-Plan Living Space With A Double Height Sash Window
  • Gym Included
  • The Contemporary Designed Kitchen Hosts A Complete Range Of Integrated Appliances
  • A Fabulously Sized Double Bedroom With An En-Suite W/C And Storage Cupboard
  • Ground Floor Bathroom With A Three-Piece Suite
  • A Secure Intercom Entry System With An Inviting Foyer
  • Communal Gym Space
  • Energy Rating - D

Additional details

Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

This outstanding one-bedroom apartment is a superb opportunity for professionals, students and couples. It is located in an exceptional position in the heart of Sheffield city centre, combining elegant period charm with modern urban living.

Set within a striking and characterful building, the apartment has an attractive frontage that blends beautifully with the cityscape. The impressive exterior offers immediate curb appeal, with classic sash windows and heritage-style detailing contributing to the building’s timeless aesthetic and overall prestige.

Inside, the apartment features a bright and spacious open-plan living area, elevated by a stunning double-height sash window that floods the space with natural light while showcasing the original architectural charm. The sleek, contemporary kitchen is fully fitted with a comprehensive range of integrated appliances, creating a stylish and practical space for everyday living.

The generously sized double bedroom has an en-suite W/C and a built-in storage cupboard. A separate, fully tiled ground-floor bathroom offers a modern three-piece suite. A convenient utility cupboard further enhances the space’s functionality.

Residents enjoy the security of a video intercom entry system, a welcoming communal foyer, and access to an on-site gym - ideal for those with a busy lifestyle.

Located in the heart of Sheffield, you have unparalleled access to the city’s vibrant centre, with an array of restaurants, cafés, and shops just moments away. Excellent transport links and proximity to key business districts make this an exceptionally convenient and desirable place to live.

A holding deposit equal to one weeks rent is payable on successful application.

Council Tax : A

Tenancy Length : 12 Months +

Deposit : £980

Listed by

Covering Chesterfield & Sheffield

Redbrik

Reference: 173273369

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

All

All

Price history

Event Date Price % change
Listed for sale — £800 -99.5%
Sold 27/07/2023 (2 years ago) £175,385 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
THE FITZGERALD, 1 APARTMENT 85 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PR £112,000 21/11/2025 Flat
THE FITZGERALD, 1 APARTMENT 26 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £112,000 19/11/2025 Flat
MAZDA BUILDING, 4 FLAT 12 ST PETERS CLOSE, SHEFFIELD, SOUTH YORKSHIRE, S1 2EN £235,000 31/10/2025 Flat
THE FITZGERALD, 1 APARTMENT 20 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £125,000 30/11/2023 Flat
THE FITZGERALD, 1 APARTMENT 48 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £175,000 16/10/2023 Flat
THE FITZGERALD, 1 APARTMENT 1 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £105,000 06/10/2023 Flat
THE FITZGERALD, 1 APARTMENT 21 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £178,000 08/09/2023 Flat
Same street 56 FLAT 6 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £175,000 14/07/2023 Flat
Same street 56 FLAT 10 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £215,000 19/06/2023 Flat
Same street 56 FLAT 10 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £220,000 05/06/2023 Flat
Same street 56 FLAT 15 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £215,000 30/05/2023 Flat
Same street 56 FLAT 9 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £215,000 26/05/2023 Flat
Same street 56 FLAT 19 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £155,000 26/05/2023 Flat
Same street 56 FLAT 5 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £225,000 26/05/2023 Flat
Same street 56 FLAT 20 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £215,000 26/05/2023 Flat
Same street 56 FLAT 14 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £215,000 26/05/2023 Flat
Same street 56 FLAT 7 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £160,000 26/05/2023 Flat
Same street 56 FLAT 16 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £215,000 26/05/2023 Flat
Same street 56 FLAT 4 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £220,000 26/05/2023 Flat
Same street 56 FLAT 18 BANK STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2PH £155,000 26/05/2023 Flat
THE FITZGERALD, 1 APARTMENT 84 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PR £141,500 27/01/2023 Flat
THE FITZGERALD 1 APARTMENT 58 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PR £145,000 30/09/2022 Flat
THE FITZGERALD, 1 APARTMENT 38 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £99,000 12/08/2022 Flat
THE FITZGERALD, 1 APARTMENT 20 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £99,000 12/08/2022 Flat
THE FITZGERALD, 1 APARTMENT 29 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £99,000 12/08/2022 Flat
MAZDA BUILDING, 4 FLAT 11 ST PETERS CLOSE, SHEFFIELD, SOUTH YORKSHIRE, S1 2EN £160,000 05/08/2022 Flat
QUEENS BUILDINGS, 55 11 QUEEN STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2DX £186,250 10/06/2022 Flat
NORTH CHAMBERS, 25 APARTMENT 6 NORTH CHURCH STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 2DH £105,000 27/04/2022 Flat
THE FITZGERALD, 1 APARTMENT 10 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £112,000 19/04/2022 Flat
THE FITZGERALD, 1 APARTMENT 31 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £172,000 08/04/2022 Flat
THE FITZGERALD, 1 APARTMENT 47 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £95,000 22/03/2022 Flat
MAZDA BUILDING, 4 FLAT 12 ST PETERS CLOSE, SHEFFIELD, SOUTH YORKSHIRE, S1 2EN £205,000 22/02/2022 Flat
THE FITZGERALD, 1 APARTMENT 11 WEST BAR, SHEFFIELD, SOUTH YORKSHIRE, S3 8PQ £100,000 04/02/2022 Flat

Street average: £200,000 (13 sales)

Area average: £138,038 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -23.5%
10y growth -37.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Yorkshire and The Humber. Series: Flats and maisonettes. As of March 2026.

1y (index) -7.3%
5y (index) 5.9%
10y (index) 32.5%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: GG-112-965 LIMITED (13434583)

Rental Range

Estimated market rent for Yorkshire and The Humber. Low = conservative, Realistic = average, Optimistic = best case.

Low £770/mo
Realistic £855/mo
Optimistic £941/mo

Based on Region from postcode lookup → Yorkshire and The Humber.

LHA (30th percentile) floor for Sheffield: £573/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View S1 2PH

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop The Law Courts 0.0 miles
Shop Alpha Barbers 0.1 miles
Shop Wild Colour 0.1 miles
Bus stop Queen Street/Paradise Street 0.1 miles
University Sheffield Hallam University 0.3 miles
Train station Sheffield 0.5 miles
Hospital Sheffield Children's Hospital A&E 1.0 miles
Hospital Cygnet 1.2 miles
Train station Darnall 2.3 miles
University The University of Sheffield AMRC 3.8 miles

Street-level crime

Category Count
Violence and sexual offences 326
Anti-social behaviour 174
Shoplifting 148
Public order 98
Other theft 58
Drugs 41
Burglary 36
Other crime 33
Criminal damage and arson 32
Vehicle crime 32
Theft from the person 30
Robbery 27
Possession of weapons 18
Bicycle theft 7
Total incidents 1060

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Sheffield Hallam University Other 0.3 miles — (No rating)
Grace Owen Nursery School Nursery 0.5 miles Good — 18 May 2023
Freeman College Other 0.5 miles — (No rating)
Netherthorpe Primary School Primary 0.6 miles Good — 14 Jul 2022
Pye Bank CofE Primary School Primary 0.6 miles Good — 25 Jul 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, The Fitzgerald, S3 £780/mo 1 0.04 miles OpenRent
1 Bed Flat, Figtree Lane, S1 £900/mo 1 0.04 miles OpenRent
1 Bed Flat, North Church St, S1 £950/mo 1 0.04 miles OpenRent
1 Bed Flat, The Fitzgerald, S3 £2,130/mo 1 0.04 miles OpenRent
Studio Flat, Queen Street, S1 £520/mo 1 0.07 miles OpenRent
Studio Flat, Hartshead House, S1 £650/mo 1 0.07 miles OpenRent
1 Bed Flat, Sheffield, S1 £950/mo 1 0.09 miles OpenRent
Studio Flat, Queen Street, S1 £566/mo 1 0.09 miles OpenRent
Studio Flat, Sovereign House, S1 £650/mo 1 0.09 miles OpenRent
Studio Flat, Queen St, S1 £663/mo 1 0.09 miles OpenRent
Studio Flat, Queen St, S1 £750/mo 1 0.09 miles OpenRent
Studio Flat, Queen St, S1 £793/mo 1 0.09 miles OpenRent
Studio Flat, Queen St, S1 £836/mo 1 0.09 miles OpenRent
1 Bed Flat, Queen St, S1 £845/mo 1 0.09 miles OpenRent
1 Bed Flat, Queens House, S1 £895/mo 1 0.11 miles OpenRent
1 Bed Flat, Queens Point, S1 £750/mo 1 0.14 miles OpenRent
1 Bed Flat, Fargate House, S1 £750/mo 1 0.17 miles OpenRent

Average rent: £846/mo (17 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 97.5%
Max investor price (0.8%) £97,500
Target investor price (1%) £78,000
Gross yield 1170%
Cost-to-rent ratio 0.1×
Monthly cashflow £674/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 3485.4%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).