Turnkey five-bed HMO near university — income-producing until June 2026.
Five double bedrooms each with en-suite facilities
Current gross income £34,800pa from AST until June 2026
Large first-floor living/dining kitchen with built-in appliances
Internal courtyard plus two roof terraces, good communal space
Built 2016; modern brick construction with EPC B
Leasehold — 291 years remaining; ground rent £400pa
On-street permit parking only; no private parking
Local crime rated high — factor security/insurance costs
This modern end townhouse, built in 2016, is arranged over four floors and configured as a five-double en-suite HMO currently let to individuals on an AST producing £34,800pa. The layout includes a large first-floor living/dining/kitchen with built-in units and appliances, an enclosed internal courtyard, two roof terraces and permit on-street parking. The property totals about 1,529 sq ft and has an EPC B and 291 years remaining on the lease.
The house is in a cosmopolitan, student-focused part of Netherthorpe with excellent access to Sheffield University, hospitals, Kelham Island and the city centre; tram links and nearby road connections make it convenient for commuters and students. Its contemporary brick construction and well-proportioned rooms reduce immediate maintenance needs and make it straightforward to manage as a lettable asset.
Material drawbacks are factual and important for buyers: the property is sold leasehold (ground rent £400pa), currently subject to an AST until June 2026 so vacant possession is not immediate, and parking is on-street only (permit system). Local crime levels are noted as high, reflecting the immediate neighbourhood and tenant profile; buyers should factor this into management, insurance and security planning.
This is best suited to investors seeking an operational HMO in a strong student/professional rental location or buyers who will retain tenants short-term. The property offers hands-off income now, flexible room-by-room rental, and scope for modest operational improvements to enhance returns, but any purchaser must accept the existing tenancy, on-street parking limits and local area considerations.
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