Let on a Monthly Rolling Contract – £550 PCM
No viewings by request of tenant.
Description
A three-storey, two-bedroom mid-terrace property offering an excellent investment opportunity in a popular rental location close to Sheffield city centre. The property is currently let on a monthly rolling tenancy at £550 per calendar month, providing immediate income with scope for enhancement and future rental uplift.
Accommodation is arranged over three floors and comprises:
Ground Floor: Living room and kitchen.
First Floor: Double bedroom and bathroom.
Second Floor: Additional attic bedroom.
Externally, the property benefits from a rear yard area and shared access.
The property is in need of modernisation and refurbishment throughout, offering significant potential for value improvement. Situated within a strong rental area convenient for local amenities, transport links, and major employment centres, this is an ideal purchase for landlords, developers, or buyers seeking a project with clear upside.
Current Rent: £550 PCM on a rolling monthly tenancy
Total Floor Area: Approx. 662 sq ft (61.5 sq m)
Note: Buyers are advised to satisfy themselves as to the condition of the property and compliance of any structures to the rear. The property is sold as seen.
A great opportunity to secure an income-producing asset with strong potential for uplift.
Tenure: Leasehold
EPC Rating: E
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
Loading the bidding panel...
- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.