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London Road, Highfield Road, S2 31 bed block of apartments for sale
London Road, Highfield Road, S2
£900,000
London Road, Highfield Road, S2
£900,000
Our Summary
- Royal Hotel, 1 Abbeydale Road, Sheffield – 31-Bed HMO Investment Opportunity in Sheffield’s S7 Hotspot
- Currently generating around £118,000 per annum, with potential to reach £168,000 if all rooms are fully let and minor updates are completed, this property delivers an average yield close to 10% based on guide price
- This is a turnkey investment with huge potential for growth – whether you’re a seasoned HMO investor or looking to build your portfolio, the Royal Hotel ticks every box
- For Sale by Modern Auction – T & C’s apply, subject to reserve price, buyers fees apply
- For Sale by Modern Auction – T & C’s apply, subject to reserve price, buyers fees apply
Description
The Royal Hotel is a converted Victorian building in Sheffield's S7 hotspot, offering a unique 31-bedroom HMO investment opportunity. The property is currently generating around £118,000 per annum and has potential to reach £168,000 with minor updates. The five self-contained HMOs, comprising four 6-bedroom flats and one 7-bedroom flat, offer a high-yield, low-hassle rental income with an average yield close to 10% based on the guide price. With its prime location, spacious and versatile layout, period charm, and strong tenant demand, this property is ideal for savvy investors looking to scale up their portfolio or build a new one. With its fully operational HMOs and value-add potential, the Royal Hotel is a turnkey investment with huge potential for growth.