Main image of 2 bedroom Mid Terrace House for sale, Lancing Road, Sheffield, South Yorkshire, S2
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£150,000 Asking price

2 bedroom Mid Terrace House for sale,
Lancing Road, Sheffield, South Yorkshire, S2

Virtual tours

Features and Description

  • TWO BEDROOMED TERRACED HOUSE
  • AVAILABLE WITH SITTING TENANT
  • £700PCM INCOME FROM APRIL 2025
  • PERMIT PARKING FROM SHEFFIELD COUNCIL
  • VIEWINGS AVAILABLE NOW
  • REAR GARDEN

INVESTMENT OPPORTUNITY – LONG-TERM TENANT IN SITU

Reeds Rains City Living Sheffield is delighted to offer 227 Lancing Road, a fantastic opportunity to acquire a two-bedroom mid-terraced home with a ready-made tenant who has been in residence for 25 years! This property is ideal for investors looking for a stable rental income from day one.

Key Features:

Two-bedroom mid-terrace home

Long-term tenant in situ (25 years!)

Generating £700 PCM rental income

Spacious living room

Fitted kitchen

Two well-sized bedrooms

Rear yard space

Permit parking available via Sheffield City Council (please check current costs with their parking services)

Why Buy This Property?

This home presents an excellent turnkey investment, eliminating the hassle of finding a tenant and ensuring immediate rental returns. With a long-term tenant already settled, it offers stability and consistent income, making it a low-risk addition to any property portfolio.

Lancing Road, Sheffield, South Yorkshire, S2

Additional Information

  • Property ref
    SCI250045
  • EPC
    C
  • Tenure
    Leasehold
  • Lease length
    79 years
  • Council Tax
    A
  • Local authority
    Sheffield City Council
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Lisa Sharp  Branch Manager
Lisa Sharp
Branch Manager

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Reeds Rains Estate Agents Sheffield

Sheffield Branch Manager
Reeds Rains Sheffield
The Chimes, 23 Campo Lane, Sheffield, S1 2EG
Mon - Tue09:00 - 17:30Wednesday09:30 - 17:30Thurs - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available

Mortgage Calculator

Monthly payment

£

Borrowing £135,000 and repaying over 25 years with a 2.5% interest rate.

Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.

Stamp duty calculator

Calculate

Up to 31 March 2025


From 1 April 2025

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

Nearby locations
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The pin shows the exact address of the property 

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

73

Potential

90

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A