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House For Sale £320,000
Roebuck Road, Sheffield S6


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

Follow the link for more information:
        
zoopla.co.uk

  
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