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Offers in region of

£725,000

(£238/sq. ft)

6 bed property for sale
Psalter Lane, Brincliffe S11

    • 6 beds

    • 4 baths

    • 3 receptions

    • 3,042 sq. ft

  • EPC Rating: D

  • Chain free
  • Freehold

Spencers

Logo of Spencers

About this property

  • A detached property of over 3000 feet currently split into four units

  • Three of the properties are two bedroomed separate apartments with kitchens and bathrooms

  • Fourth one bedroomed property linked to the ground floor apartment perfect for Air BnB

  • Suitable for conversion back to a family home, subject to all necessary consents

  • Garage with inspection pit and car port and lovely gardens in the heart of Brincliffe with summer house

  • Potential annual income approx. £50,000 (three ASTs and one Air BnB)

  • EPC Ratings - D D D

  • Council Tax Band - Flats 1 & 2 - A, Flat 3 - B

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  • Available for sale vacant with no chain

Currently split into four self-contained units, this former house is available to purchase for either an investor wanting an income stream, or potentially for owner-occupiers to convert back into a single dwelling. The property spans four floors with an apartment to each floor, the ground / first / second floors being two bedroomed properties with bathrooms and kitchens previously having been let on ASTs, and the lower ground floor being a lovely one bedroom unit with sole access perfect for Air BnB or for guests or relatives. Potential rents anticipated at £1100 for the Air BnB, £1200 a month for the ground floor flat, and £925 per month each for the two upper apartments. The ground floor apartment currently has exclusive use of the gardens and the garage to the front and side of the property offering a great opportunity for an investor to live-in and manage the properties from home. Should the buyer want to convert back to a single dwelling, this may require specialist mortgage products as well as planning permission and building regulation consent. This is a large property of over 3000 feet and we highly recommend an internal inspection to fully appreciate the proportions and potential. No chain.

The property is set within Brincliffe, on the corner of Psalter Lane and Hardwick Crescent and near to Chelsea Park. It is a well-established residential neighbourhood that's within walking distance of Ecclesall Road, Sharrow Vale Road, and Nether Edge. Both Sharrow Vale and Nether Edge have a variety of quirky and independent shopping outlets along with numerous cafés and popular quarterly farmers markets. Ecclesall Road again has a number of independent outlets but is also home to more well-known high street chains including a Waitrose and M&S Food Hall. It's an ideal position for people who may work at either of the two Universities or various hospitals on this side of the city. The Peak Park can be reached within 5 minutes' drive for walks in the countryside; similarly, the city centre is easily accessed for shopping and theatres.

Tenure - Freehold

Council Tax Band - Flats 1 & 2 - A, Flat 3 - B

EPC Rating - D (For all three flats)

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Property descriptions and related information displayed on this page are marketing materials provided by - Spencers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Spencers for full details and further information.