- HMO Licence Present +
- 5 Double Bedrooms +
- 4 bathrooms (3 En-suite) +
- Excellent Investment Opportunity +
- Popular Residential Lettings Area +
- Recently Redecorated +
- Previously Let at £22,800 PA +
- Close to City Centre +
- FREEHOLD +
An exciting investment opportunity has emerged to acquire this spacious end-terrace HMO property, featuring 3 en-suite double bedrooms and 2 additional bedrooms. Recently redecorated throughout, this property is offered with vacant possession, ready to be rented out immediately. The rooms are ideal for individual lettings or the entire property could be rented out as a whole, making it perfect for options like social housing.
Situated in the popular Sharrow area, this property benefits from convenient access to Sheffield City Centre and is within easy reach of the extensive amenities in Sharrow Vale and Nether Edge. It has consistently been fully let until recently and previously generated an annual income of £22,800 (including bills), offering an impressive ROI and an approximate yield of 9%.
In brief, the accommodation comprises of a kitchen/living room on the ground floor, along with an en-suite bedroom. The first floor features a double bedroom with a washbasin and another en-suite bedroom. On the second floor, you'll find an additional bedroom, another en-suite bedroom, and a communal shower room for the two non-ensuite rooms. A useful full-length dry storage cellar adds to the property's appeal.
The kitchen/living area includes a communal washing machine, under-counter fridge and freezer, and a dining table with chairs. There is also a small enclosed yard to the rear of the property.
The property has been freshly redecorated, with bedrooms furnished with nearly new or brand-new furniture, which is included in the sale, making it ready for immediate rental.
With gas central heating and double glazing throughout, this property offers both comfort and practicality.
Sharrow Lane is a sought-after location, providing easy access to Sheffield City Centre while being close to a range of local amenities. The vibrant Ecclesall Road and London Road, known for their multi-cultural restaurants, are just a short walk away. Various shops, including convenience stores and a Waitrose, are also within walking distance.
For further details or to arrange a viewing, call us 24/7.