9 bedroom commercial property for sale

Hangsman Lane, Rotherham, South Yorkshire, S25

Offers in Region of £450,000

Property Description

Key features

  • * Annual Income of 36,720
  • * Eight Units Fully Let on AST's
  • * Properties in Lettable Areas
  • * Offers in the Region of 450,000
  • * Attractive Yield of approximately 8.25%

Full description

LOCATION
The portfolio consists of the following residential
properties: -
43a Netherfield Lane, Rotherham, S62 6AS
43b Netherfield Lane, Rotherham, S62 6AS
32 Wagon Road, Rotherham, S61 4QF
Flat 1, 9 Hangsman Lane, Dinnington, S25 3PF
Flat 2, 9 Hangsman Lane, Dinnington, S25 3PF
Flat 3, 9 Hangsman Lane, Dinnington, S25 3PF
11a Hangsman Lane, Dinnington, S25 3PF
11b Hangsman Lane, Dinnington, S25 3PF

DESCRIPTION
The properties are all currently let on AST's with the
basic description and rents listed below: -
43a Netherfield Lane - Studio Flat - Rent £300pcm
43b Netherfield Lane - 1 Bed Flat - Rent £350pcm
32 Wagon Road - 1 Bed Flat - Rent £435pcm
Flat 1, 9 Hangsman Lane - 1 Bed Flat - Rent £400pcm
Flat 2, 9 Hangsman Lane - 1 Bed Flat - Rent £300pcm
Flat 3, 9 Hangsman Lane - 2 Bed Flat - Rent £425pcm
11a Hangsman Lane - 1 Bed Bungalow - Rent
£425pcm
11b Hangsman Lane - 1 Bed Bungalow - Rent
£425pcm
Total Rent - £3,060 Per Month / £36,720 Per Annum
The properties are all in locations which historically let
well therefore there is very little risk of long void
periods should any of the tenants vacate.

TENURE
The portfolio consists of a mixture of freehold and longleasehold
properties. Further details available upon
request.

PRICE
Offers are invited in the region of £450,000 which
represents an attractive yield of approximately 8.25%.
If applicable, VAT will be paid at the prevailing rate.

ENERGY PERFORMANCE CERTIFICATES
Certificates available on request.

MONEY LAUNDERING
In order to comply with Money Laundering
Regulations, purchasers will be required to provide
identification documentation together with confirmation
of the source of funding. Further details on request.

LEGAL COSTS
Each party are to be responsible for the payment of
their own legal costs in connection with this
transaction.


More information from this agent

Nearest stations

  • Kiveton Park (3.0 mi)
  • Kiveton Bridge (3.1 mi)
  • Shireoaks (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

0114 467 1566 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Kiveton Park (3.0 mi)
  • Kiveton Bridge (3.1 mi)
  • Shireoaks (4.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

0114 467 1566 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference DinningtonRotherham. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Crosthwaite Commercial Limited, Sheffield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.