Name: 4 bedroom End Terrace House for sale, Sheffield, S3
Brand: Reeds Rains
SKU: SCI210040
Price: 260000 GBP
Availability: InStock

Property ref: SCI210040

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Key Features

Council Tax: Sheffield City Council Band B

Tenure: Leasehold. 989 year lease

Current ground rent (per annum): £200.00

Maintenance charges (per annum): £1,395.00

TENANTED INVESTMENT ONLY **
SUPERB 4 BEDROOM ACCOMODATION
ALL BEDROOMS ARE ENSUITE
SHARED LIVING & KITCHEN SPACE
COMMUNAL GARDENS & OUTDOOR SPACE
TWO LARGE BALCONIES
INVESTMENT OPPORTUNITY

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Property details

OPPORTUNITY FOR INVESTORS!

Wow what a great house in a great location. This 4 bedroomed home all with en-suite shower rooms, offers any would be purchaser an immediate income generating investment.

The property is located in the enviable and up and coming Kelham Island district of Sheffield and offers well planned, spacious accommodation, The communal gardens with outdoor gym equipment and balcony complete this.

We would strongly recommend an early enquiry for this property as interest levels will be high, please call us for details of our viewing appointments, please note we will have to liaise with the current occupants so will require advance notice for viewings.

Currently let and let for the next year from 1st September to 31st July 2024 this is also let now for the next academic year @ £110 per week per room. **
£5280per annum x 4
Total Income £21,120 per annum

PROPERTY RUNNING COSTS
Ground rent is £200 per year direct expenses includes Gas & Electric, gas maintenance and electrical appliances contract, water rates, TV licence, Contents insurance, sprinkler system year ending April 2022 was £4939. The owner pays and organises all these, on top of this they reserve £1395 for the management company for internet and buildings insurance. So total running costs for 2023 was £6543.

The building was built with planning permission for the properties to be used as student accommodation therefore our client has confirmed that no HMO consent or student letting consent was required.

EPC B
Council Tax B

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.

EPC

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

Potential

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

Stamp Duty

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

Interested in this property?

Reeds Rains Sheffield Estate Agents

0114 276 3252

sheffield@reedsrains.co.uk

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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.