- Spacious Three Bedroom Property +
- Gardens to Front and Rear +
- EPC Rating C +
- Currently Tenanted +
- Excellent BTL Opportunity +
- Projected ROI of 7%+ +
- Close to local amenities and good transport links +
- No Chain +
- *Buyer's Premium Applies +
We are delighted to offer for sale with no onward chain, this spacious three bedroom mid terrace property situated in the popular residential area of Gleadless within close proximity to all local amenities such as schools, transport links and Sheffield City Centre.
The property benefits from one reception room; three bedrooms and a modern family bathroom.
The property can be purchased either with the benefit of current tenants or with vacant possession and would be ideally suited to either first time buyers or BTL Investors.
Under the current arrangement the property can be purchased with a long term rental contract with a housing association and the purchaser will be assured of a guaranteed rental income with an attractive return on investment of 7%+. This is the perfect "hands-off investment" for an investor desiring a no-hassle, passive income.
The current agreement comes to an end in January 2024 but can be renewed for a further 3 years upon expiry with an annual guaranteed rental income of £7,800 p/a.
The property briefly comprises:
Ground floor: Entrance Porch; Utility Room; Hallway; Living room; Kitchen
First Floor: 3 x bedrooms; Landing; Family Bathroom
Externally: Front Garden; Enclosed & Private Rear Garden
*A buyer's premium of 1% + VAT, (subject to a minimum of £2750 + VAT) of the agreed sale fee applies to this property, £750 + VAT of which must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.