Dont miss out on this ideal opportunity to purchase an investment property with guaranteed income!
Bay Fronted Terraced House
HMO Licensed until August 2022
Excellent opportunity for Landlord/Investor
Guaranteed rental income – let to 5 students from July 18 to June 19
Annual rent of £15600 – approx. 7.83% return on investment
Modern open plan kitchen and dining room
Popular location near Crookes and Crookesmoor
Fully rewired with double glazing
BPS Estates are pleased to introduce to the market this well-presented five bedroom HMO student property. Located in the Crookes area it is ideally location for students being less than one mile to Sheffield University, Sheffield’s Children and Hallamshire Hospitals. The Student’s Union and University Sports Centre is only a 15 minute walk away. The areas of Crookesmoor and Crookes are within a 10 minute walk and boast an abundance of local shops, cafes, pubs and restaurants making it a popular place to live.
An excellent investment property as the property comes with a guaranteed rent for the next academic year. It has been let to 5 students on a fixed term AST from the 1st of July 2018 to 30th of June 2019, producing an annual rent of £15600 (£1300 a month). The property is HMO licensed until 2022 and has been let to groups of students by the agent and landlord since 2010.
The property benefits from 5 good sized bedrooms and a recently refurbished kitchen with open plan lounge/dining area. The bathroom was renovated in 2018 and the whole property has been maintained to a good standard. It is fully double glazed with gas central heating and has a small garden the front and medium sized yard to the rear.
The owner has moved away from Sheffield after living in the house as a student and wants to sell the house to buy a new house in the city where he works.