- Five-Double Bedroom Semi-Detached House +
- HMO Licence, Generating £27,500 Per Annum, Circa 7.9% Gross Yield +
- Offered With No Onward Chain +
- Located Close To The City Centre +
- Modern Fitted Kitchen/Diner and Living Space +
- Three Modern Bathrooms With Three-Piece Suite +
- Low-Maintenance Private Rear Garden +
Guide Price: £350,000 - £375,000.
Situated just moments from Sheffield city centre, this fully licensed five-bedroom HMO offers a strong turnkey investment, currently generating £27,500 per annum, equating to a gross yield of approximately 7.9%. Offered with no onward chain, the property provides immediate income and an attractive opportunity for investors seeking consistent returns in a high-demand rental location.
Arranged over two floors, the accommodation is thoughtfully configured for multi-occupancy living. A modern fitted kitchen/diner creates a practical and sociable hub for tenants, complemented by a comfortable living area that enhances everyday convenience. The second floor has been dedicated to a TV and gaming room, creating an ideal entertainment space.
All five bedrooms are generous doubles; three have en suite bathrooms, while Bedrooms 1 and 4 have private bathrooms immediately opposite or next door, making the property particularly appealing to students or professional sharers.
Externally, a low-maintenance private rear garden offers valuable outdoor space with minimal upkeep, along with a private paved driveway providing off-road parking for two vehicles, complete with a lockable, retractable floor-fitted bollard for added security, which adds to the property’s rental appeal.
With excellent transport links, close proximity to the city centre, and proven tenant demand, this HMO represents a compelling investment with immediate income potential and long-term sustainability.
IMPORTANT PLEASE READ:
Redbrik is marketing this property with the benefit of Redbrik SecureMove™. Redbrik has introduced SecureMove™ to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer. Purchasers will benefit from the Buyer Information Pack (BIP), which we have created with our legal partners, to give buyers more information before they agree to purchase.
The pack includes:
TA6 (Property Information Form)
TA10 (Fittings and Contents)
Official Copy of the Register
Title Plan
Local Search*
Water and Drainage Search*
Coal and Mining Search*
Environmental Search*
(Redbrik has ordered the local, drainage, coal and environmental searches; we will add these to the BIP as they become available)
Redbrik SecureMove™ allows the sale process to be completed significantly quicker than a ‘normal sale’. This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed. The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Redbrik requires the successful Buyer to enter into a Reservation Agreement and pay the Reservation Agreement Fee of £595 (including VAT). This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of ID and AML checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (SSTC).
During the Reservation Agreement period, the Seller will reject all offers and not enter into another agreement with any other buyer. The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days.
The Reservation Fee is non-refundable except where the Seller withdraws from the sale. A copy of the Reservation Agreement is available on request, and Redbrik advises potential buyers to seek legal advice before entering into the Reservation Agreement.