- Ideal HMO Investment Opportunity +
- No Chain +
- Offered with Vacant Possession +
- Accomodation spread across FOUR floors +
- Opportunity to secure long term guaranteed rental income with a local housing association at £1040pcm +
- Four en-suite bedrooms +
- Projected Rental Income of £1950pcm as an HMO +
- Projected ROI of 9.1% +
- EPC Rating D +
- *Buyer's Premium Applies +
BRH are delighted to present this exceptional 4-bedroom family home in Barnsley, which also presents a remarkable investment opportunity. With the potential for a 4-5 bedroom House in Multiple Occupation (HMO), this property is perfect for both families and savvy investors.
Property Features:
Bedrooms: 4 spacious bedrooms, with 4 rooms already featuring en-suite bathrooms, providing comfort and privacy.
Basement Kitchen: A well-equipped kitchen located in the basement, ideal for communal living or family gatherings.
Additional Bathrooms: The basement also includes an extra bathroom, adding convenience for residents.
Four Floors: The property spans four floors, offering plenty of living space and flexibility for various layouts.
EPC Rating: Energy Performance Certificate rating of D, ensuring reasonable energy efficiency.
Heating System: Equipped with a modern combi boiler for efficient heating and hot water.
Estimated Rental Income: Each room can be rented out for £90 per week as a house of multiple occupation (HMO) which would give a combined income of £1,950pcm or alternatively there is an opportunity to rent out the property on a long term basis to a local housing association for a guaranteed rental income of £1,040pcm. Under this arrangement the housing association would be responsible for paying all of the utilities, council tax and would pay for any maintenance or repairs that are caused by resident damage/neglect.
Location: Situated in a desirable area of Barnsley, the property benefits from excellent local amenities, schools, and transport links, making it an attractive option for both tenants and homeowners.
Conclusion: This property is a versatile gem that can accommodate a growing family or serve as a profitable investment. Don’t miss the opportunity to view this fantastic home!
For more information or to arrange a viewing, please contact us today!
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.