Summary - 395 SHOREHAM STREET SHEFFIELD S2 4FA
4 bed 1 bath Terraced
Chain-free, licensed HMO near universities — cash buyers only.
Licensed four-bedroom HMO, established student demand
This mid-terrace Victorian house on Shoreham Street is presented as a licensed four-bed HMO in a student-focused area, aimed squarely at investors seeking rental income close to Sheffield universities and the city centre. The property is freehold, chain-free and currently let, providing an established income stream with scope to maintain or increase returns through active management.
Practical strengths include a modern fitted dining kitchen, double glazing (installed pre-2002), gas central heating and a private paved rear garden — useful for tenants and lettings appeal. Council Tax Band A and a compact 990 sq ft footprint help keep ongoing costs lower than larger city properties. The attic room and three double bedrooms make it well suited to student sharers or a small HMO use.
Material considerations are clear and factual: the sale is for cash buyers only, the area records above-average crime levels, and the terrace was built c.1900 with solid brick walls likely lacking modern cavity insulation. Double glazing is older, and the small plot and compact rooms limit family-market appeal. Buyers should inspect the HMO licence, tenancy terms (letting income figures and expiry in mid-2025 noted), and plan for periodic maintenance or updating to sustain rental income.
Overall this is a straightforward investment property: proven rental demand from nearby universities, immediate income potential, and relatively low holding costs — balanced against location-specific risk factors and some retrofit/maintenance needs. It's best suited to investors able to purchase with cash and manage an urban HMO.
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