427 Glossop Road, S10

An exceptional opportunity to acquire a substantial five-bedroom Victorian terrace, offered for sale as an established, income-producing investment with tenants currently in situ until June 2027. The property generates a rental income of £2,383 per calendar month, equivalent to £28,596 per annum.
Occupying a highly sought-after position, the property is ideally placed for an extensive range of shops, cafés and everyday amenities. Royal Hallamshire Hospital is immediately accessible, with numerous university, medical and hospital buildings also situated nearby. Excellent public transport connections provide convenient access to Sheffield city centre, while the beautiful Botanical Gardens are only a short stroll away.
Arranged over three generous floors, the accommodation is characterised by impressive room proportions, high ceilings and large windows, creating a wonderfully light and spacious interior. The property comprises a substantial reception area, a well-equipped kitchen, five double bedrooms and three bathrooms, providing highly practical accommodation for professional or student tenants.
A particularly valuable feature is the extensive existing basement, which offers exciting potential for conversion into a self-contained apartment, subject to the necessary planning permission, building regulations and other required consents. The basement's generous dimensions, together with the favourable lie of the land, could allow natural daylight and additional windows to be introduced, potentially creating an attractive separate dwelling and an additional source of rental income.
Further enhancing the property's investment appeal is valuable off-road parking to the rear, accessed via Paxton Lane.
Combining an established rental income, generous accommodation, an outstanding location and considerable scope to add further value, this is a compelling investment opportunity in one of Sheffield's most consistently desirable rental areas.