Sheffield Investment Opportunity – Deal of the Day – 06 January 2020
This particular property is a 2-bedroom semi-detached house in the increasingly popular rental post code of S2. It is located on City Road which is equally as popular for students, professionals and families.Internally the property is in need of a complete refurbishment.
The property needs fully redecorating including wooden cladding removing from the walls. Luckily the majority of the walls do not need plastering however It needs new flooring throughout as well as replacement internal doors.
The property is in desperate need of double glazing and a combination boiler to provide gas central heating throughout. The gas fires in both the living and dining room need removing and either replacing with modern alternates or leaving blank.
The property is in need of a full new kitchen and bathroom, including retiling and white goods in place ready for a tenant. I would advise gathering a professional opinion on the electrics as the likelihood the property needs rewiring is fairly high.
To the rear of the property, the current garage is in need of some TLC. It is currently a corrugated metal temporary building. I would recommend removing it completely and allowing any tenant to bring their own shed should they feel outside storage is necessary.
The property has a guide price of £95,000 but should the above works be done an increase of around twenty to twenty five thousand pounds in value is to be expected on this particular property.
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