3 bedroom semi-detached house for sale

>

3 bedroom semi-detached house for sale

Park Street, Sheffield, S26
£1,000

Our Summary

  • * Consent Fees For alterations, extensions, loft conversions or changes of use that require freeholder approval
  • Buyers prefer: * Zero ground rent * No lease issues * No external freeholder Flexibility for improvements or changes You no longer need a freeholder's permission for: * Extensions * Alterations * Loft conversions (if applicable) * Structural changes (Planning permission is still needed
  • For sale by Auction on 10th December 2025

Description

This is a unique investment opportunity for investors and homeowners alike. As a freehold owner, you gain control over the land, building, and long-term income streams, including assignment, consent, breach-of-lease, and non-payment fees. This provides a reliable and repeatable income stream beyond traditional rent. You also have full control over the building, including appointing or replacing managing agents, controlling service charge budgets, and ensuring proper maintenance. The lease provides protection and power, allowing you to enforce lease terms and take formal action if necessary. Additionally, freeholds typically increase in value over time, providing long-term asset appreciation. As a homeowner, buying the freehold removes the landlord's control, allowing you to make changes without permission and increasing the property's value. You also avoid stress and costs associated with extending the lease, and gain flexibility for improvements or changes. Overall, owning the freehold provides a high-control, high-return asset that offers stability, financial savings, and long-term value.