For Sale 3 Bed Mid Terraced House
Meersbrook Avenue, Sheffield
£159,950 Offers In Region Of
Of particular interest to investors is this fine period mid terraced property, which is currently split into two self contained apartments, which have historically let at over £9,000 pa and with great potential for further increases. Located in the sought after and convenient residential area of Meersbrook, close to a range of amenities, good transportation links, lovely parks and shops, which all help to make this area of S8 so popular.
Flat A comprises of a 1 Bedroom ground floor apartment, which has recently undergone a scheme of modernisation and redecoration.
Flat B comprises of a well proportioned 2 bedroom, 2 bathroom duplex apartment.
Providing access to the self contained ground floor apartment A.
11' 11" x 11' 5" (3.65m x 3.49m)
Having been recently refurbished to provide a comfortable and contemporary area. Benefiting from units above wood block effectwork surfaces and incorporating a single drainer stainless steel sink with mixer taps, a 4 ring gas hob and single electric oven below. There are also complimentary tiled splash backs, a central heating radiator, rear facing uPVC double glazed window and combi boiler.
11' 8" x 11' 5" (3.58m x 3.49m)
Being well proportioned and well presented and benefiting from a front facing uPVC bay window and central heating radiator.
Fitted with a three piece suite comprising shower area with electric shower, pedestal wash hand basin and low flush w/c. There is also a uPVC double glazed window and a central heating radiator.
9' 10" x 11' 1" (3.00m x 3.40m)
SIDE ENTRANCE LOBBY
With timber entrance door and staircase leading to Flat B
With spindle balustrade and further staircase leading to second floor accommodation.
11' 9" x 11' 8" (3.59m x 3.56m)
Having a front facing uPVCdouble glazed window, central heating radiator, laminate flooring and combi boiler
4' 0" x 11' 11" (1.23m x 3.64m)
With base and wall units above and below roll top worksurfaces, space for an automatic washing machine, single drainer stainless steel sink unit, space for a free standing cooker and fridge freezer. There is also a front facing single glazed window and central heating radiator. Useful under stairs cupboard.
11' 5" x 9' 6" (3.49m x 2.92m)
Having laminate flooring, a central heating radiator and rear facing single glazed window.
Being fitted with a three piece suite comprising paneled bath, pedestal wash hand basin and low flush w/c. There is also a single glazed window, part tiled walls and central heating radiator.
Being fitted with a three piece suite comprising paneled bath with electric shower over, pedestal wash hand basin and low flush w/c. There is also a single glazed window and central heating radiator.
18' 5" x 15' 11" (5.63m x 4.86m)
A superbly proportioned attic bedroom with front and rear facing uPVC double glazed dormer windows, laminate flooring and a central heating radiator.
To the rear of the property sees a yard garden with brick built store.
Flat A has been previously let at £330 pcm (£3,960 pa) to professionals. After the last tenant departed the current landlord carried out some improvement works to the kitchen, shower room, re decorated and re carpeted and installed a new gas fired combination boiler. We feel that a realist market rent would now be in the region of £400 pcm (£4,800 pa).
Flat B is currently let on an AST agreement, which has rolled onto periodic basis, to a family, who have been in occupation since March 2014. The agreed rent is £440 pcm (£5,280 pa). The family have expressed an interest in signing further AST. This apartment would benefit from some cosmetic improvement and modernisation and we feel that if these changes were made that the realist market rent could be in the region of £525 pcm (£6,300 pa)
Whilst the property has been converted to two self contained apartments it could be returned to a single property with a little effort and work subject to relevant building/planning regulations.