This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£140,000
2 bedroom Mid Terrace House for sale, Lancing Road, Sheffield, South Yorkshire, S2
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Features and Description
- TWO BEDROOMED TERRACED HOUSE
- AVAILABLE WITH SITTING TENANT
- £700PCM INCOME FROM APRIL 2025
- PERMIT PARKING FROM SHEFFIELD COUNCIL
- VIEWINGS AVAILABLE NOW
- REAR GARDEN
INVESTMENT OPPORTUNITY – LONG-TERM TENANT IN SITU
Reeds Rains City Living Sheffield is delighted to offer 227 Lancing Road, a fantastic opportunity to acquire a two-bedroom mid-terraced home with a ready-made tenant who has been in residence for 25 years! This property is ideal for investors looking for a stable rental income from day one.
Key Features:
Two-bedroom mid-terrace home
Long-term tenant in situ (25 years!)
Generating £700 PCM rental income
Spacious living room
Fitted kitchen
Two well-sized bedrooms
Rear yard space
Permit parking available via Sheffield City Council (please check current costs with their parking services)
Why Buy This Property?
This home presents an excellent turnkey investment, eliminating the hassle of finding a tenant and ensuring immediate rental returns. With a long-term tenant already settled, it offers stability and consistent income, making it a low-risk addition to any property portfolio.
Why Live in This Area?
Located in a popular residential neighbourhood, 227 Lancing Road benefits from:
Excellent transport links to Sheffield city centre and surrounding areas
Nearby amenities, including shops, cafes, and essential services
Proximity to major employers, universities, and hospitals
A strong rental demand, making it a desirable area for investors and tenants alike
Interested?
Don’t miss this opportunity to own a tenanted, income-generating property in a sought-after area! Contact Reeds Rains City Living Sheffield today to arrange a viewing or for more information.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Lancing Road, Sheffield, South Yorkshire, S2
Additional Information
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Property refSCI250045
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EPCC
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TenureFreehold
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Council TaxA
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Local authoritySheffield City Council
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Reeds Rains Estate Agents Sheffield
Reeds Rains Sheffield
B2 Spaces, Pennine Five, Sims Street, Sheffield, S1 4BY
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
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Borrowing £126,000 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
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Energy Efficiency Rating
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Current
73Potential
90CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs