House For Sale
£
320,000
Roebuck Road, Sheffield S6
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Description
This is an investment opportunity to purchase a 5-bed HMO in Sheffield with the potential to generate £23,712 rent pa.
Property information
Fully HMO licenced
Spread over four floors
Separate living room and kitchen on the ground floor
Two bathrooms on the first floor
Large garden with access via the kitchen
EPC rating E
Property is managed by a third party
Rental information
4 of the 5 bedrooms are currently let
Once fully let the property is expected to achieve £1,976 pcm, £23,712 pa
The property is currently let to young professionals and the vendor pays all bills (based upon advise from the managing agent)
In 2019/2020 the property was let to students and achieved £22,185 pa with the tenants paying all bills
Running costs
The vendor provided the following running costs for the property:
Gas & electricity: £146.67 pcm
Council tax: £100 pcm
Virgin media (TV, broadband): £45 pcm
Water: £30.67 pcm
TV licence: £13.08 pcm
Total cost pcm: £335.42
Total cost pa: £4,025
Location information
The property is located in the Crookesmoor area of Sheffield
Sheffield city centre is just over 1 mile away and can easily be reached on foot or by bus
Crookes Valley Park and The Ponderosa are a short walk from the property
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