- Tenanted HMO rental investment opportunity +
- Five double bedrooms +
- Two bathroom/ Shower rooms +
- Open plan kitchen diner and lounge +
- Currently earning £27,560 annually +
- Excellent location for universities & hospitals +
- Rented at £106 PPPW +
- Council Tax Band-A +
- EPC Rating-D +
- What3words///riders.detect.glass +
Situated in the vibrant and popular area of Crookesmoor, this larger terraced house with its current HMO status on Crookes Valley Road offers a unique opportunity for ongoing investment potential. Built in 1891, this property spans an impressive 1,305 square feet and boasts five spacious double bedrooms, making it an ideal choice for a lucrative student rental investment.
The main entrance is found to the rear of the property and leads you to an inner lobby then into the modern and functional fitted dining kitchen with its ample cabinetry, worksurfaces and comes with appliances included. To the far end is the lounge, a good space which provides ample room for your tenants to relax or socialise.
The property features two modern shower rooms, ensuring convenience for all residents. The thoughtful layout and generous room sizes make this home both comfortable and practical for everyday living.
Situated in an excellent location, this property is particularly appealing to students, given its proximity to local amenities and educational institutions. The vibrant community of Crookesmoor offers a variety of shops, cafes, and parks, enhancing the overall living experience.
With its blend of historical charm and modern conveniences, this terraced house presents a fantastic opportunity for those seeking a spacious and lucrative investment property in a sought-after area. Call Spencer to arrange your appointment to view.
A popular location due to it's proximity of the two Universities and hospitals nearby while also offering easy access in to Sheffield City Centre. There are useful local shops nearby with the busy high streets of Crookes and Broomhill both found within walking distance. Regular transport links by the way of Bus routes are available while the stunning natural beauty of the Peak District can be found just over 5 miles away.
Tenure-Leasehold
Leaselength-800years from 25th March 1891
Years remaining- 666
Ground rent-£23.84
Current weekly rent -£106 per person per week 25/26
Current annual income-£27, 560