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End of terrace house for sale
London Road, Sheffield, South Yorkshire, S2
£500,000
London Road, Sheffield, South Yorkshire, S2
£500,000
Our Summary
- COMMERCIAL INVESTMENT OPPORTUNITY - No offers below starting bid will be considered*Flats 1-5 & Shops 300 and 302, 298-302 London Road, SheffieldOverviewPresenting an exceptional investment opportunity on London Road, Sheffield—a thriving area known for its vibrant community and diverse amenities
- The property is being offered for sale through the modern method of auction, allowing potential buyers to bid transparently and secure this valuable asset
- £7,140 paTotal £39,420 paTenancy Information: All residential units are let on Statutory Periodic Tenancies (SPT), offering flexibility for rent reviews and potential for increased income
- Auction DetailsMethod: Modern Method of AuctionBidding: Now Open
- Auction Platform: Fees: Auction fees will apply to secure the property
- AUCTION CLOSING DATE 19-02-2025 at 11:30Viewing ArrangementsWe invite prospective buyers to arrange a viewing to fully appreciate the potential of this investment
- **** AUCTION TERMS ****Auctioneer Comments This property is for sale by the Modern Method of Auction
- This method of auction requires both
Description
This commercial investment opportunity in Sheffield's London Road presents a unique chance to acquire a mixed-use development consisting of five residential flats and two commercial units. The property currently generates a combined income of £55,420 per annum, with potential for growth through rent reviews and increased income. The residential units are let on Statutory Periodic Tenancies, offering flexibility for rent reviews and potential for increased income. The commercial units, currently operated as a general store and a restaurant and sports bar, offer a stable income stream. The property's prime location, strong rental demand, and diverse tenant mix make it an attractive investment opportunity. With auction fees applying to secure the property, potential buyers can place a bid or schedule a viewing to fully appreciate the potential of this investment.