House For Sale £200,000
Guide Price at £200,000 to £220,000.
Investment property. A stone fronted 3 bedroom terrace house ideally positioned for access to Sheffield University and the hospitals. The property is currently let through to the 30th June 2023. There are currently 4 tenants occupying the property until the 30th June 2022, each paying £90 per week on an all-inclusive basis, producing a gross annual income of £18,771.43, netting down to £15,434.29 after taking account of the bills. The property has already been re-let for the following academic year, from the 1st July 2022 through to the 30th June 2023, to 4 tenants, each paying £91 per week, producing a gross annual income of £18,980, netting down to £15,434.29. This accounts for an increase in some of the utility bills. Benefits from gas central heating with a combination boiler, double glazing, and a security alarm. Carpets and furniture are included as a going concern.
On the ground floor, there is an entrance lobby, a front bay window reception room, currently used as a lettable bedroom, a dining room, which is currently used as the communal lounge, and an off-shot kitchen. The kitchen has Shaker style units with splash-back tiling. The cooker, extractor, washing machine and fridge freezer are all included within the sale. The kitchen houses the Ideal combination boiler. A door from the dining room provides access to the storage cellar.
Upstairs, there are two first floor bedrooms, a bathroom, and a second floor, attic, double bedroom. The first floor, front bedroom has some of the floorspace over the passageway, so is larger in size. There is potential in the attic to extend the floorspace into the eaves, subject to consents. The bathroom has white suite with a shower over the bath, a wash basin, WC, and splash-back tiling.
Outside, there is a forecourt, a gated shared passageway, and an enclosed rear garden with a brick outhouse.
Warrington Road is an extremely popular road with property investors, positioned off Commonside, close to local shops and amenities, Sheffield University, and the hospitals, as well as having links to local parks and recreational facilities, and access into the city centre.
Investment property. A stone fronted 3 bedroom terrace house ideally positioned for access to Sheffield University and the hospitals. The property is currently let through to the 30th June 2023. There are currently 4 tenants occupying the property until the 30th June 2022, each paying £90 per week on an all-inclusive basis, producing a gross annual income of £18,771.43, netting down to £15,434.29 after taking account of the bills. The property has already been re-let for the following academic year, from the 1st July 2022 through to the 30th June 2023, to 4 tenants, each paying £91 per week, producing a gross annual income of £18,980, netting down to £15,434.29. This accounts for an increase in some of the utility bills. Benefits from gas central heating with a combination boiler, double glazing, and a security alarm. Carpets and furniture are included as a going concern.
On the ground floor, there is an entrance lobby, a front bay window reception room, currently used as a lettable bedroom, a dining room, which is currently used as the communal lounge, and an off-shot kitchen. The kitchen has Shaker style units with splash-back tiling. The cooker, extractor, washing machine and fridge freezer are all included within the sale. The kitchen houses the Ideal combination boiler. A door from the dining room provides access to the storage cellar.
Upstairs, there are two first floor bedrooms, a bathroom, and a second floor, attic, double bedroom. The first floor, front bedroom has some of the floorspace over the passageway, so is larger in size. There is potential in the attic to extend the floorspace into the eaves, subject to consents. The bathroom has white suite with a shower over the bath, a wash basin, WC, and splash-back tiling.
Outside, there is a forecourt, a gated shared passageway, and an enclosed rear garden with a brick outhouse.
Warrington Road is an extremely popular road with property investors, positioned off Commonside, close to local shops and amenities, Sheffield University, and the hospitals, as well as having links to local parks and recreational facilities, and access into the city centre.
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