Turnkey HMO close to Sheffield city centre with long lease and garden.
HMO licence in place for five occupiers
A five-bedroom mid-terrace in S11 with an existing HMO licence, this property is set over three floors and sits close to Sheffield city centre. The layout (open-plan kitchen/living, two bathrooms and five bedrooms) has been used successfully as student accommodation and remains well suited to rental use or a multi-occupancy investment. Offered with no onward chain and a long lease (circa 664 years), it’s turnkey for an investor seeking immediate income potential.
The house retains period character externally while some rooms have seen cosmetic updating; the kitchen is modern and bright. Practical positives include a small rear garden, mains gas central heating, double glazing fitted after 2002 and a relatively low ground rent and council tax. The property’s size (approx. 1,123 sq ft) and HMO status make it straightforward to re-let in this cosmopolitan, student-dominated neighbourhood.
Buyers should be clear about the material considerations: the building is solid-brick with assumed no cavity insulation, EPC rating D, and there’s a recorded medium flood risk and above-average local crime levels. The property will suit investors or buyers prepared to manage ongoing maintenance or carry out further refurbishments to maximise rents or convert to an owner-occupied layout.
Viewing is recommended to assess condition and rental configuration. For an investor targeting the student/short-term let market or a first-time buyer willing to accept an urban, compact footprint, this house represents a practical, near-city opportunity with immediate letting history and room to add value.