Rock Street

Pure Investor is delighted to bring this four-bedroom, three-bath HMO property for sale in Sheffield.

The property offers buyers an instant income as every bedroom is currently tenanted and generating around £24,000 per annum. Due to the property not being situated in an Article Four area, there is no need for an HMO license to be in place. Boasting a gross yield of 11.5% this property is one not to be missed.

The property consists of a double bedroom downstairs, dining, communal areas, and a kitchen to the rear. On the first floor are two double bedrooms, one with an ensuite to the front of the property room and a family bathroom to the rear. The largest bedroom is located in the loft, which has an ensuite.

Investment Information
– Asking price: £210,000
– Gross Rental Income: £24,000
– Gross Yield: 11.5%

Outgoing Costs
– Gas: £80.00pcm
– Electric: £80.00pcm
– Water: £45.00pcm
– Broadband; £27.00pcm
– Council Tax: £125.00pcm
– Cleaner: £60.00pcm
– Total Outgoing Costs: £5,400 per annum
– Net Rental Income: £18,600
– Net Yield: 8.9%

* The above figures do not include management fees as these can vary.