Asking price

£170,000

3 bedroom Mid Terrace House for sale, Sheffield, South Yorkshire, S2

Lancing Road

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3
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Property ref: SCI230105

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Council Tax: Sheffield City Council Band A
Tenure: Leasehold. 134 year lease
Current ground rent (per annum): £20.00
  • MID TERRACED HOUSE
  • POPULAR LOCATION
  • IDEAL INVESTMENT EARNING INCOME 7.6% YIELD
  • LIVING ROOM AND KITCHEN DINER
  • 3 DOUBLE BEDROOMS
  • YARD TO REAR WITH RIGHT OF WAY ACCESS
  • GOOD ORDER THROUGHOUT
  • DOUBLE GLAZING
  • GAS CENTRAL HEATING

THREE BEDROOMED MID TERRACED HOUSE

The pin shows the exact address of the property 

Are you looking for a lucrative investment opportunity in the thriving city of Sheffield? Look no further!

We are excited to present you with a fantastic chance to acquire a well-maintained 3-bedroom mid-terraced house at an attractive reduced price of £170,000. This property is offered for sale as a tenanted investment, generating a steady income stream from day one.

Key Features:

1. Prime Location: Located on Lancing Road, this property is situated in a highly sought-after residential area of Sheffield, making it an ideal choice for tenants.

2. Steady Income: This property comes with reliable tenant(s) in place, ensuring a consistent monthly income for the new owner. No need to spend time searching for tenants or worrying about vacancies.

3. Well-Maintained: The house has been well maintained, ensuring minimal maintenance costs for the new owner. Your investment can start generating income immediately.

4. Spacious Living: With 3 bedrooms, this property offers plenty of space for a family. It's a comfortable and appealing home for tenants.

5. Amenities: The property is conveniently located near schools, parks, shops, and public transportation, enhancing its appeal to potential tenants.

6. Investment Potential: Sheffield is a thriving city with a strong rental market. This property offers excellent long-term investment potential, with the possibility of future appreciation.

7. Reduced Price: Take advantage of this rare opportunity to purchase this property at a reduced price. It's an excellent deal for investors looking to maximize their return on investment.

Investment Details:

Property Type: 3-Bedroom Mid Terraced House
Price: £170,000
Current Rental Income: £12,948 per annum - £83 per tenant per week (Tenants in place)
Tenure: Leasehold
Contact Us Today

Don't miss out on this exceptional investment opportunity in Sheffield. To schedule a viewing or request more information, please contact our dedicated team. We are here to assist you with any questions you may have and guide you through the investment process.

This is a rare chance to acquire a tenanted property in a prime location. Secure your future income and invest wisely with Lancing Road, Sheffield. Act now to make this investment yours!

EPC C
Council tax A

Viewings: As the property is occupied by tenants we are unable to facilitate same day viewings, when requesting please allow at least 48 hours notice for us to co-ordinate with the current occupants.

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.

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

69

Potential

88

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

Use our calculator to see how much Stamp Duty you may pay if you buy this property.   

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You pay from 23rd September 2022

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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This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment with our partners, Embrace Financial Services to receive mortgage advice suitable for your needs and circumstances. The data entered into the mortgage calculator must be accurate and up-to-date.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.

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