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Block of flats for sale in Clough Road, Sheffield

Investment

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Property features

Freehold
Residential investment opportunity
Well established development in a great location
Gross rental income of £164,500 per annum
Reversionary rental income potential
Fully let for academic year 24 / 25 on AST's
Refurbished and maintained to a high standard
Potential to increase net rental income to £12,000 per calendar month

Property description

• Freehold sale
• Price £1,500,000
• Fully let to students on 12 month AST’s for academic year 24 / 25
• Current rental income of £164,528 per annum
• 10 apartments with a total of 25 beds
• A combination of 1,2 and 3 bed apartments
• Situated near the historic Bramall Lane, home of Sheffield United.
• Grade II listed
• Suitable for conversion to independent apartments or let to private individuals.
• Reversionary income subject to installing individual electric meters to each apartment

Property info

Brochure

Floorplan(s): Floorplan 1

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LM1 Agency, and do not constitute property particulars. Please contact LM1 Agency for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.