- Four Bedroom HMO +
- Current Guaranteed Rental Income of £800pcm with potential to increase +
- No onward chain +
- Secure Housing Association Lease in place until May 2028 +
- Property can be offered with vacant possession +
- Projected ROI of 14% +
- EPC Rating D +
- Located close to Barnsley Town Centre and close to all local amenities +
- *Buyer's Premium Applies +
This four-bedroom terraced house is situated on Princess Street in Barnsley. It is currently configured as a House of Multiple Occupation (HMO) with a guaranteed rental income of £800 per calendar month, presenting a solid investment opportunity. The property is secured with a Housing Association lease until May 2028, offering peace of mind to potential buyers. The property can also be offered with vacant possession should this be requested and would also make an attractive single let investment or family home.
The location of the property is a key advantage, being close to Barnsley Town Centre. This ensures easy access to local amenities and public transport links, making it an attractive option for tenants. The property's EPC rating is D, highlighting its energy efficiency for prospective investors.
With no onward chain, the transaction process could be straightforward and swift. There is also potential to increase the current rental income, enhancing the return on investment.
*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.