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7 bedroom house of multiple occupation for sale
Wadbrough Road, Sheffield, South Yorkshire
£500,000
Wadbrough Road, Sheffield, South Yorkshire
£500,000
Our Summary
- Attractive Quality Student HMO Investment Opportunity Inside In-Demand Article 4 Area Property Address: 31 Wadbrough Road, Sheffield, S11 8RF Property Type: Fully Licensed 7-Bedroom, 4-Bathroom HMO with Living and Dining Area Property Configuration: Bathroom (First floor), Shower Room (First Floor), Toilet (Ground Floor), Shower Room (Ground Floor) Conversion Date: Converted into an HMO in 2010 Prime Location in Sheffield's Student and Professional Hub Located in the vibrant and desirable S11 area of Sheffield, the property at 31 Wadbrough Road is an excellent investment opportunity, particularly for investors looking to capitalize on the strong rental demand from both students and professionals
- These developments promise to boost property values and drive economic growth in the area, offering strong capital appreciation potential for investors
- Its location in a high-demand area, coupled with the city's strong economic fundamentals and regeneration efforts, make it an ideal long-term investment opportunity with potential for both strong rental yields and future capital appreciation
Description
This is a prime HMO investment opportunity located in the vibrant and desirable S11 area of Sheffield, a hub for students and professionals. The property, converted into an HMO in 2010, features 7 bedrooms, 4 bathrooms, and a living and dining area. With a strong rental demand from students and young professionals, the property offers a gross yield of 7.27% and a net yield of 6.31%. The property is fully licensed and has no buyer fees or reservation costs. The area is well-connected, with excellent transport links and proximity to major universities and employers. Sheffield is also undergoing significant regeneration efforts, promising future capital growth. With a total monthly income of £3,031 and annual income of £36,372, this property is an attractive long-term investment opportunity for those looking to capitalize on the city's strong rental demand and economic fundamentals.