This mid-terrace property presents a promising investment opportunity situated in a desirable rental area near Sheffield city centre. Currently generating steady income of £550 per month under a rolling tenancy, the property offers immediate returns while also allowing for future enhancements that could significantly increase rental value.
The layout spans three levels, featuring a living room and kitchen on the ground floor, a double bedroom and bathroom on the first floor, and an additional attic bedroom above. Externally, there is a rear yard with shared access, which can be further developed or improved upon.
Despite its current occupancy, this property requires comprehensive modernisation throughout. This need for refurbishment not only provides a chance to enhance the living space but also positions the asset favorably within the market for increased rental yields. With its proximity to local amenities and transport links, it’s ideal for landlords or investors looking for a project with substantial upside potential.
Given its leasehold status and an EPC rating of E, prospective buyers should verify all aspects of the property's condition, especially regarding any external structures. This is an excellent opportunity for those wishing to secure a solid income-producing asset with clear potential for appreciation.