About the property
Key features
- Four bedrooms including three good doubles that are now let until June 2027.
- Spacious breakfast kitchen.
- Separate lounge.
- Bathroom.
- Low maintenance, south west facing rear garden.
- Excellent location for the university, town and accessing numerous other local amenities.
- Tenanted until 26th of June 2026 at £15'802.92 per annum.
- Council Tax Band B.
- 800 year lease from 1900 at a peppercorn ground rent.
- Gas central heating and UPVC double glazing combine to create an EPC rating of E52.
Material information
Property description
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
£0.0 per year
Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
ASK AGENT
Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
£0.0
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
675 years left
GUIDE PRICE £200,000 TO £210,000. ATTENTION INVESTORS - A tidy, affordable and neat investment property that is well placed for university students and the areas numerous amenities, ensuring a consistent demand. The current rent return stands at £15'802.92 per annum as, although there are four bedrooms at the property, it is let as a three bed. There is obviously the potential to let the smaller room, perhaps at a reduced rate, to improve your returns. The property has full UPVC double glazing and a modern gas central heating system and is available, with tenants no paying rent until the 26th of June 2027.
Description
A smart, mid terrace property that has been consistently let, by the current owners, to the student market. The property is also now let until June 2027 ensuring the next owner a regular stream of income for the forthcoming future. The excellent location, within this fashionable and popular neighbourhood, has ensured a consistent demand over the last few years of our clients ownership, making this property a sensible and affordable investment vehicle for the next owner. Although the property is let as a three bed there is actually the added bonus of a smaller, fourth bedroom here and this provides the next owner the potential to add additional returns if managed properly. The property has a south to south west facing orientation in the low maintenance rear garden and the finish throughout is modern and clean with no stand out works required for the next owner to take on.
IMPORTANT INFORMATION
Anti-Money Laundering (AML) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers. To cover the cost of this process, a fee of £30 incl. VAT per buyer is payable when your offer is accepted. This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
At ELR Sheffield, we love our customers and their homes, and are focused on making sure that you get a seamless, professional and personal service by getting to know our sellers' and buyers' needs. WE CARE. ELR Sheffield is the most longstanding estate agent in the Sheffield property market and with 180 years experience, there isn't a lot our Property Professionals cannot advise you on with your sale or purchase. We aim to deliver the best price and timescale to suit you, making sure that you have all the information that you need through a channel that you prefer. Maybe using our 24/7 property portal where you can access information on viewing, offers and notes on your transaction, or would you prefer a friendly telephone call? Its up to you...
We advertise using all the main websites eg Rightmove, Onthemarket, as well as social media sites Facebook and Instagram.
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