Sheffield, S25 3SR | Investment Property for Sale | VES-S25-001

Opportunity to purchase Glaisdale Court comprising 10 houses in Laughton Common Sheffield, gross yield 4.7% pa

£1,700,000

10-unit Portfolio

VES-S25-001

INITIAL INVESTMENT

£496,500

Based on

deposit: £425,000

stamp duty: £60,000

mortgage fees: £1,500

conveyancing fees: £10,000

GROSS RENT

£80,070

GROSS YIELD

4.7%

ADD TO FAVOURITES

The portfolio

TENURE

Freehold

NO OF UNITS

10

TENANCY STATUS

Tenanted

FURNISHED

No

TOTAL SQ FT

8,763

PRICE SQ FT

£194

Block information

This opportunity comprises 2 freehold blocks

Block 1:

  • Built in 2000
  • 5 x 2-bed (plus box room) houses
  • Each house is spread over 2 floors
  • Access to a private garden for each property
  • 2 x off-street parking bays per property
  • EPC rating C
  • Council tax band A
  • Fully tenanted
  • Managed by a third party

Block 2:

  • Built in 2011
  • 5 x 4-bed houses
  • Each house is spread over 3 floors
  • 2 bedrooms in each property have an ensuite bathroom
  • Shared family-size bathroom
  • Downstairs WC
  • Access to a private garden for each property
  • 2 x off-street parking bays per property
  • EPC rating C
  • Council tax band A
  • Fully tenanted
  • Managed by a third party

Rental information

The properties are fully let and achieve:

  • Total monthly rental income: £6,672.50
  • Total annual rental income: £80,070
  • Total gross yield: 4.7%

Location information

  • The properties are located in Laughton Common on the outskirts of Sheffield
  • Sheffield city centre is just under 14 miles from the properties
  • There is a local convenience store just a short walk away
  • Easy access to the M1 via junction 32

Available upon request

  • Block breakdown
  • Full floorplans
  • Site plan
  • EPCs for all units

Note

Please note that Vesta has not visited this property and that the vendor has provided all material.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Sheffield, South Yorkshire

Sheffield is a city and metropolitan borough in South Yorkshire, England and is the third-largest English district by population.

The city is well connected via the M1 and M18 motorways. The M1 links it to London and Leeds, whilst the M18 runs from Rotherham to Goole.

Sheffield is also very easy to reach by train as major routes pass through the station. East Midland Trains run a regular fast service from London St Pancras to Sheffield, taking approximately 2 hours. The Cross Country Route links the East of Scotland and Northeast of England with the West Midlands and the Southwest, linking Liverpool and Manchester with Hull and East Anglia. High Speed 2 is planned to be operational by 2033 serving a city centre station in Sheffield, running services to Birmingham, London, Leeds and Newcastle. There are 5 other railway stations in Sheffield that serve as commuter stations for suburban communities.

The closest airport is Doncaster Sheffield Airport which lies around 25 miles outside the city centre and operates regular flights to European destinations. Other nearby airports include Manchester Airport, Leeds Bradford Airport and Nottingham’s East Midlands Airport.

Sheffield has a number of museums and heritage attractions, such as The Metalwork Collection, Kelham Island Museum, Abbeydale Industrial Hamlet, Weston Park Museum, Sheffield Cathedral, National Videogame Museum, Beauchief Abbey and Magna to name a few.

The Lyceum Theatre, the Crucible Theatre and the Studio Theatre provide a variety of entertainment and workshops throughout the year for young and old. Whilst the Lyceum is Sheffield’s home of pantomime, the Crucible is best known for hosting the prestigious World Snooker Championship since 1977.

Sheffield long sporting heritage aside from the World Snooker Championship make it is also home of the Sheffield Steelers, the UK’s first professional ice hockey team and the worlds oldest football club, Sheffield FC.

With more than 250 parks, woodlands and gardens and 1,600 acres of nature reserves Sheffield is England’s greenest city. It is estimated that around 61% of the city is greenspace, making it ideal for anyone who enjoys outdoor pursuits. Additionally, the Peak District National Park borders the southwest of the city offering further outdoor-based activities.

Sheffield has two universities, University of Sheffield and Sheffield Hallam University. The University of Sheffield has two main campus areas, the Western Bank and the St George’s. It ranks among the top 10 UK universities for grant funding and eight Nobel laureates are affiliated with it, six of which are alumni or former long-term staff at the university. Sheffield Hallam University is also based on two sites, the City Campus near the railway station and Collegiate Crescent Campus in the Broomhall Estate. It was ranked the 11th largest university in the UK in 2016/2017. Both universities attract around 60,000 students annually.

There are three main further education colleges, The Sheffield College, Longley Park Sixth Form College and Chapeltown Academy, as well as 26 secondary schools and 137 primary schools.

Glaisedale Court,

Dinnington,

Sheffield,

South Yorkshire,

England,

S25 3SR

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