This impressive Victorian semi-detached property offers a significant renovation and investment opportunity, situated on an expansive plot with ample parking and a detached coach house in the rear. The property has been partially transformed into self-contained flats across four levels, making it ripe for further development.
Currently, there are three well-configured flats already let, comprising one flat on the ground floor and two larger units on the first and second floors. Additionally, the basement level is partially converted with the potential to create another self-contained unit, enhancing rental income potential significantly. The detached coach house adds further value with its own separate access and accommodation consisting of two bedrooms alongside living spaces.
This asset is positioned to attract steady tenant demand due to its proximity to the Northern General Hospital and Sheffield city centre. With existing rental yields potentially exceeding £3,600 per month, there is a clear path to increasing returns by completing renovations in the basement and optimizing space throughout the main residence.
For investors looking to make a strategic addition to their portfolio or seeking high-yield multi-unit properties, this residence presents an exceptional development opportunity not to be overlooked.
