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Tenanted investment property at Kenninghall View, Sheffield, S2 3WX

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

1

SIZE

936 sq ft

87 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 3 bedroom semi detached house
  • Tenanted investment property
  • Garage and off road parking
  • Current rent £1050pcm
  • Convenient location
  • Excellent public transport links
  • Rear Garden
  • EPC rating C '76'
  • Council tax band B

Description

An excellent opportunity for investors to acquire this three bedroom townhouse, situated in the popular Norfolk Park area of Sheffield. The property is offered for sale with tenants in situ, currently generating a rental income of £12,600 per annum, representing a gross rental yield of approximately 7.6% based on the asking price.

Arranged over three floors, the accommodation comprises an entrance hallway with a convenient ground floor WC. Stairs lead to the first floor, where there is a living room and a dining kitchen with direct access to the enclosed rear garden.

To the second floor are three bedrooms and a family bathroom.

Externally, the property benefits from a small enclosed rear garden, a garage and off-road parking. Further features include gas central heating and double glazing.

The property would benefit from some cosmetic updating, offering potential for a purchaser to make improvements over time whilst benefiting from an established rental income.

Kenninghall View is situated within the established residential area of Norfolk Park, conveniently positioned for access to Sheffield City Centre, local amenities and public transport links. The area is also well placed for access to Norfolk Heritage Park and the wider road network. 

Investment Information The property is currently let at £1,050 per calendar month and is being marketed with the existing tenancy in place, making it an attractive proposition for buy-to-let investors seeking an income-producing residential investment.
The property is leasehold with approximately 100 years remaining.
The ground rent is £60 per year.
A service charge of £246.78 per year is payable for the maintenance of the Estate.
 
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage,Off street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Tenanted investment property at Kenninghall View, Sheffield, S2 3WX

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Affordability

Monthly repayments£830
Property: £ 165,000
Deposit: £ 16,500
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Sheffield City Living, Sheffield

13 Westfield Terrace, Sheffield, S1 4GH

We are an established Sales, Lettings and Property Management Company based in the heart of Sheffield.

We first opened our doors in 2006 and the business has flourished through offering an excellent service to clients based on an in-depth knowledge of the local property market, a flexible, friendly approach and good old fashioned hard work.

We initially started the business as we are landlords ourselves, we specialised in the City Centre managing many of the new build apartments that sprung up across Sheffield. Since then the business has grown organically across the wider Sheffield region and we now offer a full sales, lettings and management service across all areas of the City.

We are extremely passionate about what we do and with over 100 years of combined property experience between us we are well placed to assist you, whether that is helping you to find you're first apartment, managing your investment property or selling your house in the suburbs.

We would love to hear from you. Please feel free to call us, drop us an email or pop in for a coffee and a chat.

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Disclaimer - Property reference 100695001815. 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 Sheffield City Living, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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