2 bedroom terraced house for sale
Key information
Features and description
Auction Date Commencing on Monday 12th January at 1pm and ending 24 hours later on Tuesday 13th January at 1pm with Auction House South Yorkshire
Please register to bid via our website - auctionhouse.co.uk/southyorkshire
Let on a Monthly Rolling Contract – £550 PCM
No viewings by request of tenant.
A three-storey, two-bedroom mid-terrace property offering an excellent investment opportunity in a popular rental location close to Sheffield city centre. The property is currently let on a monthly rolling tenancy at £550 per calendar month, providing immediate income with scope for enhancement and future rental uplift.
Accommodation is arranged over three floors and comprises:
Ground Floor: Living room and kitchen.
First Floor: Double bedroom and bathroom.
Second Floor: Additional attic bedroom.
Externally, the property benefits from a rear yard area and shared access.
The property is in need of modernisation and refurbishment throughout, offering significant potential for value improvement. Situated within a strong rental area convenient for local amenities, transport links, and major employment centres, this is an ideal purchase for landlords, developers, or buyers seeking a project with clear upside.
Current Rent: £550 PCM on a rolling monthly tenancy
Total Floor Area: Approx. 662 sq ft (61.5 sq m)
Note: Buyers are advised to satisfy themselves as to the condition of the property and compliance of any structures to the rear. The property is sold as seen.
A great opportunity to secure an income-producing asset with strong potential for uplift.
Tenure: Leasehold
EPC Rating: E
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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