Market Street, Sheffield, South... Terraced house for sale

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Market Street, Sheffield, South... Terraced house for sale

Market Street, Sheffield, South Yorkshire
£1,000,000

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

Description

A rare opportunity to acquire a residential portfolio in Sheffield, comprising of 9 terraced houses, is available for sale by online auction. The properties are located in Cairns Cottages, approximately 5.8 miles from the city centre, 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. The property has potential for future development, subject to obtaining necessary consents, and is situated near local amenities, transport links, and schools. The properties are sold freehold and subject to various occupations, with the total annual rent being £35,596.