Summary - 88 SOUTH STREET RAWMARSH ROTHERHAM S62 5RD
5 bed 5 bath House of Multiple Occupation
Guaranteed income with minimal owner outgoings under a five-year contract.
- Fully licensed 5-bedroom HMO with en-suite rooms
- Housing association contract guarantees £15,600 pa income
- Housing association pays utilities and council tax
- Driveway parking, single garage and private rear garden
- Conservatory adds communal/amenity space for tenants
- EPC rating D; energy improvements likely beneficial
- Assumed solid brick walls with no cavity insulation
- Buyer's premium applies: 1% + VAT (minimum fee payable)
A fully licensed five-bedroom HMO with a five-year housing association contract, offering guaranteed rental income of £15,600 per annum. All five bedrooms have en-suite facilities and the contract covers utilities and council tax, reducing owner outgoings and management hassle. Driveway parking, a garage, private rear garden and conservatory add tenant appeal and practical space.
The property is an end-terrace Victorian build and presents as a straightforward, cash-flow-focused investment in Rawmarsh. EPC rating D and assumed solid brick walls with no installed cavity insulation indicate energy-efficiency improvements could reduce running costs and improve appeal. Tenure is not specified and should be confirmed prior to purchase.
Important commercial considerations: a buyer's premium of 1% + VAT (minimum £2,995 + VAT) applies, with 25% of the fee payable to secure the lot. The HMO licence and the housing association contract are material strengths, but prospective purchasers should verify contract terms, licence conditions and any required compliance works.
This asset suits hands-off investors seeking immediate, low-management income via an established contract. There is short-term refurbishment potential to upgrade EPC and reduce future void risk, but the guaranteed income provides security while works are planned and carried out.
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