Summary - 12 VICTORIA STREET STOCKSBRIDGE SHEFFIELD S36 1FY
3 bed 1 bath Terraced
Tenant in place, steady rental income and clear refurbishment potential.
Three bedrooms with lounge, kitchen and three-piece bathroom
A three-bedroom Victorian terraced house in Stocksbridge offered as a buy-to-let opportunity with a tenant in situ. The property produces a current annual gross income of £7,800, giving a gross yield of about 6.8% at the asking price of £115,000 — attractive for investors seeking immediate rental income.
The house retains period brick character externally and includes a private rear garden and on-street parking. Interiors are small and dated with low ceilings in places; the accommodation is best described as a practical rental or a renovation project rather than a turnkey family home. Current tenants have lived on site for several years and indicate they wish to remain, so the sale will suit buyers prepared to take the tenancy on.
Location benefits include nearby primary and secondary schools rated Good/Outstanding, a broad range of local amenities, fast broadband and excellent mobile signal. Material points to note: the area records higher crime levels than average, the property sits in an ageing urban community classification, and a buyer’s premium applies to secure purchase. These factors should be weighed by investors and developers considering refurbishment or longer-term repositioning.
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