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3 bedroom detached house for sale
Queens Road, Barnsley, S71
£200,000
Queens Road, Barnsley, S71
£200,000
Our Summary
- This versatile property is an ideal investment opportunity, with excellent potential for strong rental returns
- This is a turnkey investment with scope for immediate income, or potential for further development, subject to any necessary consents
- Whether you're an experienced landlord expanding your portfolio, or a developer looking for a prime conversion opportunity, this property offers flexibility, location, and long-term value
- There is one large boiler running the three apartments, but there is potential to create long term efficiencies with individual heating in each unit and tenants paying their own utilities
- There is also potential to increase rents in line with current market values
Description
This rare opportunity presents a substantial detached property comprising three self-contained apartments, situated on the popular Queens Road in Barnsley. The property is an ideal investment opportunity, offering excellent potential for strong rental returns, with the current fully let income of £22,500 per annum and utility costs of £9,324. The apartments are rented with utility bills included, but there is potential to create long-term efficiencies with individual heating and tenants paying their own utilities. The property features a versatile layout, with potential for further development, subject to necessary consents. With its ideal location, just a short walk from Barnsley town centre and Oakwell Football Stadium, and easy access to commuter routes, this property offers flexibility, location, and long-term value.