Adelaide Lane, Sheffield S3 1 bed flat for sale

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Adelaide Lane, Sheffield S3 1 bed flat for sale

Adelaide Lane, Sheffield S3
£93,000

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 1-bedroom flat in Sheffield is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and shared private parking. Currently, it generates an annual gross income of £8,400 with tenants already in situ, and considering the purchase price and potential future rental income, it could be a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a smooth transition.