2 bed Flat (for sale) Abbey Lane, Sheffield S8

£485,000
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Chadwicks Estate Agents
3 Meadowhead, Sheffield
0114 446 9305
First Published

17th May 2019

Last Published

11th Sep 2019

 

Features

  • Type: Flat
  • Bedrooms: 2
  • Listing status: sale
  • Country: England

Description

***investment opportunity***

4 Modern purpose built flats in very popular suburb, in great condition throughout, generating £27840pa.

Newly built in 2006, this attractive stone fronted property on Abbey Lane has been finished to a high standard and is bright, spacious and airy throughout.

The property is arranged as 4 flats over a retail unit (mobility equipment business not affected) - please note that this listing is for the 4 flats only and does not include the retail element.

Accessed via both front and rear entrances and a communal stairwell the flats are arranged over the first and second floors and have both front and rear aspects.

The flats which are broadly the same comprise of an entrance hall, modern white bathroom shite with full size bath with shower above, toilet, sink, illuminated mirror and extractor fan. There is a good sized and appointed kitchen with built in oven, hob and extractor, a freestanding washing machine and tall fridge freezer. There are both wall and floor beech effect units and additionally a wall mounted combi boiler.

There are two bedrooms, with two of the flats enjoying Juliette balconies to each room. The rooms are of a good size and well lit.

The dining lounge offers a great space, spacious and well appointed.

Outside to the rear, there is a car park with 4 allocated spaces, one for each flat.

Overall the property is in great condition and has been well looked after and respected by tenants and owner alike.

Offering a new owner a great income in a smart part of town with lots of demand for rental properties please call Chadwicks Estate Agents on to arrange a viewing or for further information. Floorplans will be available soon.

Note: Where fitted, carpets are included. All measurements are approximate. None of the services, fittings or appliances (if any), heating installations, plumbing or electrical systems have been tested and no warranty is given as to their working ability.

 

Local info for S8

 

Property Value Data/Graphs for S8

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Semi-detached house 28.9% £211,615 3.1 0.9
Terraced house 24.8% £159,092 2.8 0.9
Flat 15.9% £113,047 1.7 0.9
Detached house 13.4% £321,056 3.6 1.5
End terrace house 3.7% £159,994 2.9 1.3
Town house 3.7% £190,550 3.1 1.6
Maisonette 2.4% £70,658 2.3 0.8
Detached bungalow 2.4% £305,833 2.3 0.8
Other 1.6% £283,238 2.5 1
Bungalow 1.6% £263,750 3 0.8
Mews house 0.4% £375,000 3 2
Semi-detached bungalow 0.4% £165,000 2 0
Land 0.4% £550,000 0 0
Link-detached house 0.4% £180,000 3 1

Area Information

Average Price Paid

£180,883

Sales

4490

Current Average Value

£197,580

Value Change

£16,697 9.2%

 

Current Asking Prices in S8 Average: £197,580

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £170,000 (2) £166,338 (26) £199,105 (137) £306,492 (30) £456,250 (4)
Flats £84,921 (14) £117,639 (28) £116,665 (3) - -
All £95,556 (16) £141,087 (54) £197,339 (140) £306,492 (30) £456,250 (4)

Nearby Properties

2 bed Semi-detached house () Panthers Place, Chesterfield, Derbyshire S41 £152,500
3 bed Detached house () Claremont Street, Kimberworth, Rotherham, South Yorkshire S61 £135,000
2 bed Terraced house () Norrels Croft, Broom, Rotherham S60 £80,000
4 bed Semi-detached house () Meadow Bank Road, Rotherham S61 £165,000
2 bed Terraced house () Longfellow Drive, Rotherham, South Yorkshire S65 £50,000
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