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Our Summary
- ** For sale by online auction (subject to sale prior, reserve and conditions) **Scope to improve rental incomes
- The remaining three properties are vacant and require renovation, presenting a clear opportunity to add value and improve returns through refurbishment and re-letting
- Once cleared, this space could offer scope for future development, subject to obtaining the necessary consents, adding further potential to this investment opportunity
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Description
A rare opportunity to acquire a residential portfolio in Sheffield, comprising of 9 terraced houses, located approximately 5.8 miles from the city centre. The properties are arranged in a traditional terrace and benefit from a private approach and hardstanding parking area. Six of the cottages are currently let, generating an annual rental income of over £35,000, while the remaining three are vacant and require renovation, offering a clear opportunity to add value and improve returns.
The property is situated in a convenient location, close to local amenities and transport links, and has potential for future development, subject to obtaining necessary consents.