Summary - 12 WAYLAND ROAD SHEFFIELD S11 8YE
5 bed 2 bath Terraced
Income-producing HMO in a lively Sharrow Vale neighbourhood with renovation potential.
- Five bedrooms and two bathrooms across three floors
- HMO currently generating £23,140 per annum
- Long lease (679 years) with nominal £5 ground rent
- Cellar offers storage or redevelopment potential (subject to permissions)
- Small rear yard and overall compact footprint for five bedrooms
- Solid brick Victorian walls likely without cavity insulation
- EPC Grade D; expect energy-efficiency improvement costs
- Chain free; owners can buy with slightly delayed completion
A substantial Victorian mid-terrace arranged over three floors plus cellar, this five-bedroom property is set in the popular Sharrow Vale/Wayland Road area close to shops, cafes and good schools. It currently operates as an HMO, producing £23,140 pa, making it immediately interesting for investors seeking an income-producing asset in a sought-after student/cosmopolitan neighbourhood. The layout provides multiple double bedrooms, a fitted galley kitchen and two bathrooms, with potential to reconfigure or upgrade subject to planning.
Practical positives include a long lease (679 years), double glazing installed since 2002, mains gas central heating and a nominal ground rent. The cellar offers useful storage or scope for further development (subject to permission). The property is offered chain free, and owner-occupiers are also welcome but should expect a slightly delayed completion.
Be realistic about work and running costs: the home is a period solid-brick build with no assumed wall insulation, EPC rating D, and room sizes described as average. The rear yard is small and the overall footprint is modest for a five-bedroom house, so buyers should factor in potential refurbishment costs, thermal improvements and room reconfiguration if aiming to increase capital value or rental returns.
Viewing is recommended to appreciate the layout and investment potential. This house will suit buyers wanting an income stream in a lively inner-suburban location, or a project for an owner-occupier prepared to carry out targeted upgrades.
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