Studio flat for sale

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Studio flat for sale

Queen Street, Sheffield, S1
£40,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This studio flat in Sheffield is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £7,905. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £8,976. The property is situated close to valuable amenities and is a worthwhile addition to any investor's portfolio. The current tenants have a good track record of paying their rent on time and have no intentions of moving out, making for a smooth transaction process.