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Pitsmoor Road, Sheffield S3 1 bed flat for sale
Pitsmoor Road, Sheffield S3
£55,000
Pitsmoor Road, Sheffield S3
£55,000
Our Summary
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Sheffield is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, and kitchen, and is currently generating an annual gross income of £6,600. With long-term tenants already in place, the new owner could increase the rental income to a market rate of £8,400, making it a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years and have consistently paid their rent, and the seller is committed to facilitating a smooth transaction process to ensure a seamless handover.