Three adjacent dwellings near city transport hubs; immediate income and refurbishment potential..
Freehold package: 4-bed house, 2-bed flat, 1-bed flat
Flats producing combined income of £17,400 per annum
House currently vacant — vacant possession on offer
Requires cosmetic refurbishment throughout
Auction sale on 11/12/2025; public notice/repossession flagged
Approx 0.1 mile from Sheffield Train and Bus Stations
Area has above-average crime and higher deprivation levels
Estimated ERV £34,200 pa when fully let
This freehold comprises three separate units — a three-storey four-bedroom end-terraced house, a two-bedroom ground-floor flat and a one-bedroom first-floor flat — offered at public auction on 11/12/2025. The two flats are let on ASTs and produce a combined income of £17,400 pa; the house is currently vacant and provides immediate scope to re-let or refurbish.
The buildings are Victorian with period character, a small rear garden and good transport connections: approximately 0.1 mile from Sheffield Train and Bus Stations and close to local tram routes and main roads. Broadband speeds and mobile signal are reported as fast and excellent respectively — useful for letting to professionals or young tenants.
The property requires cosmetic refurbishment throughout; the auction sale and current public notice/repossession status mean purchasers should allow time for legal and possession processes. Local area indicators show above-average crime levels and higher deprivation, which will affect lettings profile and management costs.
For an investor or developer this is a value-driven package: immediate rental income from the flats, vacant possession of the house and an estimated rental value (ERV) of approximately £34,200 pa when fully let. Costs to factor include refurbishment, ongoing management, and potential tenant turnover given the local demographic profile.
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