House For Sale £145,000
This is an investment opportunity to purchase a HMO in Sheffield generating £16,900 rent pa & gross yield of 11.7%.
Leasehold information
Property information
Rental information
Running costs
The vendor provided the following running costs for the property:
Note
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
Leasehold information
- Length of lease: 800 years
- Year lease started: 1909
- Ground rent: Tbc
- Service charge: Tbc
Property information
- HMO licence not required (as per vendor's agent)
- Shared kitchen and dining room
- Shared bathroom
- Rear garden, accessible from the kitchen
- Tenants pay for the TV licence, all other bills are paid by the landlord
- EPC rating E
- The property is managed by a third party
Rental information
- Room 1 - £85 pwk (£368.33 pcm) - rolling contract
- Room 2 - £368.33 pcm - 27/06/21 - 26/12/21
- Room 3 - £325.00 pcm - 03/08/21 - 02/02/22
- Room 4 - £80 pwk (£346.66 pcm) - rolling contract
- Total rent pcm: £1,408.32
- Total rent pa: £16,899.84
Running costs
The vendor provided the following running costs for the property:
- Council tax: £90 pcm
- Gas & electricity bill: £330 pcm
- Water bill: Tbc
- Internet: Tbc
- Total cost pcm: £420
- Total cost pa: £5,040
Note
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
