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House For Sale £115,000
Fretson Green, Sheffield S2


Description
Earn instant income on this already tenanted investment opportunity! Not suitable for owner occupiers!

Yieldit are pleased to present this fantastic 3 bedroom semi detached house to market in Fretson Green, Sheffield.

The property comprises of an entrance hallway, large living / dining area with direct access into the garden, guest bathroom and a fully equipped kitchen. To the first floor there are three bedrooms including a spacious master bedroom and main bathroom.

The property also benefits from gated access leading into two generously sized front and rear gardens which have been well maintained.

The property is an excellent choice for anyone looking for a secure investment with the current tenants who have resided there for the past 5 years providing an annual rental income of £6,900.

Sheffield's expected population growth and regeneration means that the population is expected to increase.

The introduction of HS2 and the multiple regeneration projects means Sheffield's population is expected to grow by 15% by 2035.

For those considering Sheffield buy to let investments, this allows for good occupancy levels and capital growth as the increase puts pressure on Sheffield's property market. Kelham Island was named as the UK's best neighbourhood and St Paul's is popular with those looking to experience lively city living.

Financial Breakdown

Gross rent: £6,900
Ground rent: £50
Service charge: £0
Lettings fees: £0
Net income: £6,850
Gross yield: 6%
Net yield: 5.96%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16625

Follow the link for more information:
        
zoopla.co.uk

  
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