196, Penistone Road North, Sheffield... 4 bed terraced house for sale

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196, Penistone Road North, Sheffield... 4 bed terraced house for sale

196, Penistone Road North, Sheffield, South Yorkshire S6 1QA
£95,000

Our Summary

  • Auction Date Commencing on Monday 12th January at 1pm and ending 24 hours later on Tuesday 13th January at 1pm with Auction House South YorkshirePlease 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

A four-bedroom mid-terrace HMO in Hillsborough, Sheffield, is available for auction through Auction House South Yorkshire. The property is currently let to three tenants on individual agreements, with one room vacant, offering scope to increase income. The rent is £300 per week (£15,600 per annum) and the lease has 677 years remaining. The property is freehold and has an EPC rating of E. The buyer will be required to pay an administration fee of £3600 inc VAT on exchange of contracts, and may also need to pay disbursements listed in the legal pack. This is a well-located investment opportunity offering immediate income with potential to enhance returns through refurbishment and full occupancy.