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Priory Avenue, South Yorkshire S7 7 bed terraced house for sale
Priory Avenue, Sheffield, South Yorkshire, S7
£200,000
Priory Avenue, Sheffield, South Yorkshire, S7
£200,000
Our Summary
- Starting Price: £200,000Development Opportunity
- Excellent Re-Sale or Long Term BTL OptionsFor all bids to be placed please click on the following link:On offer is a remarkable development opportunity for investors, located in the highly sought-after Nether Edge area, well-known for its excellent public transport links and local amenities
- This terraced property, loosely configured, is ripe for renovation and has previously had planning approved for four apartments or for a large scale HMO
- There is also a cellar available should you wish for further conversion or additional storage
- The property presents a complete back-to-brick project, promising a world of potential for its new owners
- Each of the rooms are generously sized, offering ample space for potential tenants or residents
- This property is an ideal purchase for developers and portfolio landlords alike
- This property is a fantastic letting opportunity and an exciting renovation project with promising potential
- Don't miss out on this investment opportunity in a prime location
- (All renovations subject to local authority planning permissions
- *This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
- Development Opportunity
- Sold via Online Auction
Description
This development opportunity in the Nether Edge area offers a complete back-to-brick project, presenting a world of potential for its new owners. The terraced property, previously approved for four apartments or a large-scale HMO, has a cellar available for further conversion or storage. With no current reception rooms or kitchens, the layout is ripe for design and optimization to fit individual requirements. The property is an ideal purchase for developers and portfolio landlords, offering excellent resale value and rental potential, with values in the area topping £500,000 and flats in the vicinity achieving prices north of £150,000 or rents exceeding £1,000 per month. The property is being sold through the Modern Method of Auction, with a reservation period of 56 days.