Guide price
£350,000
3 bed block of flats for saleTavistock Road, Nether Edge S7
3 beds
3 baths
3 receptions
EPC Rating: D
- Freehold
Staves Estate Agents
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About this property
Portfolio of three purpose built apartments
All currently let on periodic tenancies
Combined annual rental of £25,500
Yield of 7.28%
Attractively presented throughout
Two bedroom, one bathroom, apartments
Allocated parking spaces
Superb residential location
Fantastic investment potential
Viewing essential
Rare Investment Opportunity Three Two-Bedroom Apartments in Sought-After Nether Edge
Guide Price £350,000 - £360,000. A rare opportunity has arisen to acquire this attractive development of three individual two-bedroom apartments, ideally located within the highly sought-after residential area of Nether Edge.
Each apartment benefits from an allocated parking space, internal bike storage, and is attractively presented throughout. The development offers an excellent investment opportunity, currently producing a combined annual rental income of £25,500 (£2,125 per month) - delivering an impressive yield of around 7.28%.
The accommodation briefly comprises:
• Communal entrance hallway serving Flats 2 & 3, with Flat 1 enjoying its own private entrance.
• Private hallway, open plan lounge/dining/kitchen area, two bedrooms and a modern bathroom.
• Each apartment benefits from double glazing and electric heating.
Positioned just off the ever-popular Abbeydale Road, the property enjoys close proximity to a wide range of local amenities including shops, cafés, restaurants and public transport links. The city centre is easily accessible, making this a desirable location for professionals and tenants alike.
A rewarding and ready-made investment portfolio in a thriving Sheffield suburb. Viewing is highly recommended.
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