£120,000

5000 sqft Residential/Commercial Land With Planning. Spital Hill, Sheffield, S4

Price: £120,000
Land Size: 5000 Sqft
Property Link: Click Here
Post Town: Sheffield
Post Code: S4
County: South Yorkshire
Region: Yorkshire & Humber
Classification: Residential/Commercial
Consents: TBA (To be advised)
Council: Sheffield Council
Planning Weblink: Click Here
Description

5000 sqft of Residential & Commercial Land For 14 Apartments & 4 Shops. Spital Hill, Sheffield, S4

Prime development opportunity with pre-planning for 14 apartments and 4 commercial shops.  Potential rental market for commercials in high demand, with an estimated average rental yield of 15%.
Located next to the large Tesco Extra and PureGym. In a populated area with plenty of footfall within minutes walking distance to the city centre.  Train station is a 5-10 minute walk away and good transport links to M1 via parkway.

Estimated build costs of new development = £580,000
Estimated minimal rent of = £9,100pcm = £109,200 per annum
Investment paid off in 6-7 years.

Location:
Located on Carlisle Street, next to Tesco Extra.  Train station is a 5-10 minute walk away and good transport links to M1 via parkway.
Sorby House a new development of modern offices located around the corner and a growing re-generating area.  As a local agent with knowledge of the market in this area this location is an ideal investment for the right developer.

We can also advise throughout the project and offer our lettings & management services.

Please contact the office to arrange a viewing we are available all till late on weekdays and all weekends.

Map

Listing Agent / Seller

Hallam Hills

0114 327 8853

Hallam Hills Property are a team of qualified professionals, with a decade of experience in the property industry. Using our extensive network and innovative marketing technologies, we are able to bring sellers and a landlords together with buyers and tenants..

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