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£500,000 Guide price

End Terrace Land/Plot for sale,
London Road, Sheffield, South Yorkshire, S2

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Features and Description

  • FOR SALE BY MODERN METHOD OF AUCTION
  • RESERVATION FEES TO SECURE WILL APPLY
  • BIDDING OPEN NOW!
  • REGISTER ON IAMSOLD.CO.UK
  • 5 X FLATS - 2 ARE 1 BED 1 IS 2 BED
  • 2 X SHOP PREMISES BELOW
  • GREAT COMMERCIAL INVESTMENT OPPORTUNITY
  • ANNUALISED INCOME CURRENTLY £46,660

COMMERCIAL INVESTMENT OPPORTUNITY

FOR SALE BY MODERN METHOD OF AUCTION - Bidding is Open Now!

Flats 1-5 & Shops 300 and 302, 298-302 London Road, Sheffield

Overview

Presenting an exceptional investment opportunity on London Road, Sheffield—a thriving area known for its vibrant community and diverse amenities. This mixed-use development consists of five residential flats and two commercial units, currently generating a combined income of £46,660 per annum. The property is being offered for sale through the modern method of auction, allowing potential buyers to bid transparently and secure this valuable asset.

Residential Properties

Flats 1-5, 298 London Road

Flat 1: 1 Bedroom

Flat 2: 1 Bedroom

Flat 3: 2 Bedrooms

Flat 4: 1 Bedroom

Flat 5: 1 Bedroom

Current Residential Income: £30,660 per annum

Tenancy Information: All residential units are let on Statutory Periodic Tenancies (SPT), offering flexibility for rent reviews and potential for increased income.

London Road, Sheffield, South Yorkshire, S2

Additional Information

  • Property ref
    SCI240310
  • Tenure
    Freehold
  • Local authority
    Sheffield City Council
Lisa Sharp  Branch Manager
Lisa Sharp
Branch Manager

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Reeds Rains Estate Agents Sheffield

Sheffield Branch Manager
Reeds Rains Sheffield
The Chimes, 23 Campo Lane, Sheffield, S1 2EG
Mon - Tue09:00 - 17:30Wednesday09:30 - 17:30Thurs - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available

Mortgage Calculator

Monthly payment

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Borrowing £450,000 and repaying over 25 years with a 2.5% interest rate.

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Stamp duty calculator

Calculate

You would pay

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. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A