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1 bed flat
Allen Street, Sheffield S3
£60,000
Allen Street, Sheffield S3
£60,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- 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 property portfolio. The property is well-kept and features a lounge/bedroom, three-piece bathroom, and kitchen. Currently, it generates an annual gross income of £6,540 with a tenant already in situ, and its potential rental income is expected to increase in future years. The tenants, who have been living in the property for several years, have consistently paid their rent and have no plans to move out. With its proximity to valuable amenities and potential for long-term rental returns, this property is a worthwhile addition to any investor's portfolio.