HMO Terraced House
GROSS RENT / YIELD
£17,940 / 12.0%
NET RENT / YIELD
£14,018 / 9.3%
Through our expertise and research, we have found that this property is above the average of this location based on data from REalyse, PropertyData and Zoopla
The higher the yield the stronger the return on investment.
1 reception room
Bills included in the rent
Fully let 4-bedroom HMO:
Whilst the displayed financials below are market averages, these are the current running costs provided by the landlord:
Council tax: £120
Water bill: £40
Gas & electricity bill: £80
Total pcm: £300
Total pa: £3,600
Property management, if required at 10%: £277 pcm or ££,324 pa
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
Prices in S71 have increased 22% over the last 5 years (-2% over the last 12 months) and are £115,000 which varies by property type (£68,000 for a 1-bed flat to £238,000 for a 5-bed detached property). On average, there have been 55 properties sold per month in the area in the last 12 months.
In comparison, prices in the wider Sheffield S postcode area are £143,000 (+2% over the last 12 months) and range between £101,000 for a 1-bed flat to £414,000 for a 5-bed detached property.
Rents in S71 are now at £445 per month (+13% over the last 12 month). On average, there have been 22 properties listed for rent per month in the area in the last 12 months.
Given prices in the area, gross yield is currently 5.5% which is higher than the national average of 4.7% and higher than the wider Sheffield S postcode area of 5.2%.
This property is currently achieving a gross yield of 12% which 54% higher than the area.
Source: REalyse - 26/04/2019 Note: prices and rent are median and averaged over the last 12 months, unless stated. Data from property listings is taken from c. 20 different sites and agents.
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.
Barnsley is a large town in South Yorkshire situated halfway between Leeds and Sheffield accessible via junctions 36, 37 and 38 of the M1 motorway. The town center lies on the west bank of the Dearne Valley, offering stunning surroundings.
Barnsley is a characterful town in the heart of Yorkshire, offering a variety of entertainment opportunities such as The Parkway Cinema complex, rich history reflected in the historic buildings and events in the Cannon Hall and leisure and sports facilities.
Some of Barnsley’s big employers are Asos, global manufacturer Esco, Warwick Ward Ltd, XPO Logistics, Barnsley Council and many more.
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