This is an exceptional opportunity to acquire a portfolio of nine terraced houses in the Sheffield area, situated on approximately 0.83 acres of privately owned land. Located to the south-east of Sheffield, just under six miles from the city centre, these properties offer easy access to local amenities and transport links, making them attractive for rental investments.
Currently, six of the cottages are occupied and producing an annual income exceeding £35,000. However, three of the properties are vacant and require significant refurbishment. This presents a clear chance for an investor to enhance rental yields through strategic renovations.
The portfolio benefits from a private approach with a hardstanding parking area. The front garden space, which is currently overgrown, has potential for further development once cleared and subject to necessary planning permissions. With commuting routes such as the A57 nearby and Woodhouse Station less than a mile away, this property appeals to both renters and families seeking convenience.
Nearby essential services include health centres and local shops, with additional shopping options at Crystal Peaks Shopping Centre. Educational facilities close by include reputable local schools and two universities in Sheffield that cater to higher education needs.
This property offers not just an immediate income stream but significant potential for value addition through thoughtful renovations and effective management.