3 bedroom semi-detached house for sale

>

3 bedroom semi-detached house for sale

Farcroft Grove, Sheffield, S4
£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 individuals looking to own a semi-detached property outright. As the freeholder, you gain control over the land, building, and long-term income streams, including fees for assignment, consent, breach of lease, and non-payment of ground rent or service charges. This creates a reliable and repeatable income stream beyond traditional rent. You also have full control over the building, allowing you to appoint or replace managing agents, control service charge budgets, ensure proper maintenance, and protect the value of the building. Additionally, you have the power to enforce lease terms and take formal action if necessary. Long-term asset appreciation is also a benefit, as freeholds typically increase in value over time and become more valuable as leases shorten. Homeowners can also benefit by stopping the payment of ground rent, gaining control over their own home, and avoiding the stress and costs associated with extending the lease. Overall, owning the freehold provides a high-control, high-return asset that offers ongoing income potential, full control of the building, protection and power through the lease, and long-term asset appreciation.