This is a distinctive chance to acquire a residential portfolio comprising nine terraced houses in Sheffield, ideal for investors looking to enhance rental yields. Located approximately 5.8 miles from the city center of Sheffield, these properties are well-positioned near essential amenities and public transport, making them appealing for long-term investment strategies.
The portfolio includes nine traditional terraced cottages on a private plot of approximately 0.83 acres. Currently, six units are tenanted, generating an annual rental income of over £35,000, providing an immediate cash flow for the new owner. The three vacant properties present significant renovation potential, allowing for value addition through refurbishment and re-letting.
Accessed via a private track from Market Street, the cottages feature hardstanding parking and could benefit greatly from landscaping efforts to clear the overgrown front area, which may also open avenues for future development with the proper permissions.
With proximity to the A57 and excellent commuting links via nearby Woodhouse Station and major roadways like the M1, along with local conveniences such as health services and shopping centers within driving distance, this location is highly suitable for families and commuters alike. Additionally, local schools and universities contribute to its attractiveness as a residential area.
This opportunity is underpinned by connected utilities including mains electricity, gas, water, and drainage systems; however, prospective buyers should conduct their due diligence regarding service conditions.
