Summary - 14-16 Barnsley Road, Barnsley, South Yorkshire, S73 8DD S73 8DD
10 bed 1 bath Terraced
**Standout Features:**
- Ten-bedroom fully licensed HMO (House in Multiple Occupation)
- Current annual income of £55,700, reflecting a strong 21.4% yield on the guide price
- Freehold tenure: offering potential for long-term investment
- Victorian terraced stone façade with traditional arched passageway
- Excellent mobile signal and fast broadband speeds
- Close to local amenities and transport links (Wombwell rail station)
**Potential Downsides:**
- Requires renovation; currently rundown condition
- High crime rate and area deprivation may affect desirability
- Small plot size, set within a constrained rental market
This expansive ten-bedroom terraced property presents a rare investment opportunity perfect for seasoned investors or those looking to dive into the rental market. Generating an impressive £55,700 annually, this freehold HMO offers significant yield potential and a solid foundation for future financial growth. Conveniently located near amenities such as takeaways, groceries, and reputable schools, this property is an ideal choice for tenants seeking affordability and accessibility.
While the home showcases a charming Victorian façade, it is important to note that it requires substantial renovation, making it perfect for buyers looking to add value over time. Given the current high crime rate and area’s level of deprivation, potential residents should consider these factors as they envision their future in the community. With viewing available before the auction on July 3rd, don’t miss this unique opportunity to invest in a property that promises both challenge and reward!
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