Located in a prime position for students attending the various campuses of Sheffield University and Hallam University, is this impressive four double bedroom student HMO investment property which currently generates an income of £17,680 exclusive of bills, and is let until the end of June 2024. The property has been well maintained throughout the current seller’s ownership, and benefits from spacious rooms, two bath/shower rooms, modern fixtures/fittings, and has the realistic potential to increase the annual rent to £19,760 exclusive of bills. Briefly the accommodation comprises four double bedrooms, a living room, a separate kitchen, a bathroom, and a large shower room.
Outside - A front garden sets the property back from the road. On street parking. To the rear is a garden area.
Location - Situated in the sought after area of Crookes, within close proximity to the various Sheffield University campuses, and near to an array of local amenities including butchers, bakers, greengrocers, beauty salons and hairdressers. A good selection of pubs, restaurants, takeaways and supermarkets are also within walking distance. Regular bus routes offer access to the City Centre and out to the glorious scenery of the Peak District.
Material Information - The property is Leasehold with a term of 800 years running from the 25th December 1896.
Ground Rent to be confirmed.
The property is currently Council Tax Band B.
Valuer - Victoria Parkin