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4 bedroom terraced house for sale
196 Penistone Road North, Sheffield, South Yorkshire S6 1QA
£145,000
196 Penistone Road North, Sheffield, South Yorkshire S6 1QA
£145,000
Our Summary
- Auction Date Commencing on Monday 20th October at 1pm and ending 24 hours later on Tuesday 21st October at 1pm with Auction House South Yorkshire Please register to bid via our website - auctionhouse
- Available for auction is this four bed mid-terrace HMO, ideally situated close to local shops, restaurants and bars in Hillsborough, with Sheffield city centre approximately three miles away
- The rent is £300 per week (£15,600 per annum) with one room vacant, offering scope to increase income when fully occupied
- This is a well located investment opportunity offering immediate income with potential to enhance returns through refurbishment and full occupancy
Description
This four-bedroom mid-terrace HMO in Hillsborough is available for auction and offers an immediate income stream through its current lettings to three tenants. The property is situated close to local amenities and is approximately three miles from Sheffield city centre. The rent is £300 per week, generating £15,600 per annum, with one room currently vacant and offering potential to increase income when fully occupied. The property has a long lease of 677 years remaining and a peppercorn service charge. With a freehold tenure and an EPC rating of E, this is a well-located investment opportunity that can be enhanced through refurbishment and full occupancy.