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Home » Property For Sale » England » South Yorkshire » Sheffield » 3 Bed Villa
Villa
Price : £75,000
Distressed sale - must complete by month end!
Tenants in place offering a 7.2% yield and at least 12% below market value. 3 x 3 bedroom terraced houses 2 miles from city centre. Negotiated price £75,000 per unit.
Estimated Market value - £85,000 - £90,000
Negotiated price - £75,000 per house.
Rental income £5,400 p.a. (7.2% yield)
I have 3 x 3 bedroom terraced properties just 2 miles from the city centre in an area close to many business and employment centres and a short drive to the huge shopping centre at Meadowhall. This is a small portfolio of 3 houses and can be bought individually or as a lot of three.
The houses are at the lower end of values in the city but the area is popular with renters as it is close to the places where they work including the Northern General Hospital. I have personally inspected the houses and can tell you that they are well maintained, with gas central heating and replacement double glazing, they are clean and tidy throughout. The properties are currently tenanted on a single AST's to working tenants at £450 p.c.m. With superb rental coverage it is a great property (ies) to add to your portfolio
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