4 Bed Terraced House For Sale Eastwood Road, Sheffield, S11

£237,000- Terraced

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Last Updated: 5th April 2024

Description

A four bedroom investment property that is currently let at £74 per person per week that brings in an annual return of £15,385 for the 2023/2024 calendar year. The property is also currently being advertised at £85 per person per week to return £17,680 for the following year. Previously having had an HMO licence number 000351 which could be renewed for a small fee. The location is ideal for the student market, conveniently close to the Ecclesall Road Campus, excellent local amenities and transport links. The property offers accommodation over three floors and residents will appreciate the open plan kitchen/diner along with the added bonus of a separate sitting room that is often not found in student housing.

Description - A deceptively spacious mid terraced property which will appeal to both the owner occupier market and the investor market. Currently returning an annual income of £15,385 and being advertised for the following year for £17,680 the property is an ideal investment. The location is quite superb, being situated in the very heart of the fashionable neighbourhood of Sharrow Vale, close to the superb local amenities that include trendy bars, restaurants and boutiques alongside excellent transport links into the city centre. The pretty Endcliffe Park is also very close by and if you follow the path along the river out of town you can access the glorious surrounding countryside that make the south west secor of the city such a pleasant place to live. The property has four occupied bedrooms and a shower room on the first and second floors and unlike most investment properties there are also two communal reception rooms and an offshot kitchen on the ground floor which will help to make the property appeal to future tenants and the owner occupier market. This property has previously had an HMO (licence number 000351) which could be renewed for a small fee.
Agent Details
Eadon Lockwood & Riddle
888, Ecclesall Road, Sheffield, S11 8TP
Show Contact Number
0114 268 3388

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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