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2 bedrooms house for sale in Sheffield, United Kingdom

110 000£

Mortomley Lane‚ Sheffield‚ S35

Features

  • Being sold by goto online auction
  • Buy-it-now option available
  • Buyer's fees apply
  • Popular residential area
  • Two bedrooms

Property description

Property Description: This charming bungalow is located at Mortomley Lane in Sheffield, offering a unique opportunity for a buyer looking to invest in real estate or simply purchase a new home. Situated on a generous plot of land, this property presents a cozy living environment that is ready to be updated and transformed into a delightful family home. The key features of this property include: - 3 bedrooms with potential for additional extensions - 2 reception rooms offering ample space for entertaining and relaxation - Detached garage and ample off-street parking - Scope for modernization and renovation to enhance its value Investment Potential: As a real estate investment, this property offers a solid return on investment. With a projected renovation budget of £30,000, the potential for increased value is substantial. By updating the interior and exterior, the property will appeal to a wider range of buyers, increasing its marketability and sale price. With an estimated selling price of £160,000 after renovation, the buy-to-let investor could expect a 30% return on investment. Lifestyle Purchase: For those seeking a new home, this property on Mortomley Lane in Sheffield offers a great opportunity to create a cozy and comfortable living space. The bungalow's layout and ample space make it perfect for growing families or those looking to downsize from a larger property. The location, amid gorgeous surroundings and close to local amenities, provides the perfect setting for a relaxed lifestyle. With the additional benefits of a detached garage and off-street parking, this property offers convenience and practicality. In conclusion, this property at Mortomley Lane, Sheffield presents an excellent investment opportunity as well as an appealing lifestyle purchase. With a competitive price of £110,000 and the potential for significant renovation and value enhancement, buyers will be able to create their dream home in this picturesque location.

Location

Date added: 24.07.2024

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