Tenanted investment property at Kenninghall View, Sheffield, S2 3WX

Description An excellent opportunity for investors to acquire this three bedroom townhouse, situated in the popular Norfolk Park area of Sheffield. The property is offered for sale with tenants in situ, currently generating a rental income of £12,600 per annum, representing a gross rental yield of approximately 7.6% based on the asking price.

Arranged over three floors, the accommodation comprises an entrance hallway with a convenient ground floor WC. Stairs lead to the first floor, where there is a living room and a dining kitchen with direct access to the enclosed rear garden.

To the second floor are three bedrooms and a family bathroom.

Externally, the property benefits from a small enclosed rear garden, a garage and off-road parking. Further features include gas central heating and double glazing.

The property would benefit from some cosmetic updating, offering potential for a purchaser to make improvements over time whilst benefiting from an established rental income.

Kenninghall View is situated within the established residential area of Norfolk Park, conveniently positioned for access to Sheffield City Centre, local amenities and public transport links. The area is also well placed for access to Norfolk Heritage Park and the wider road network.

Investment Information The property is currently let at £1,050 per calendar month and is being marketed with the existing tenancy in place, making it an attractive proposition for buy-to-let investors seeking an income-producing residential investment.
The property is leasehold with approximately 100 years remaining.
The ground rent is £60 per year.
A service charge of £246.78 per year is payable for the maintenance of the Estate.


Viewing
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Energy Performance Certificate
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