HMO Terraced House
stamp duty: £4,450
mortgage fees: £1,500
conveyancing fees: £1,000
1 reception room
Bills included in the rent
Fully let 4-bedroom HMO:
Whilst the displayed financials below are market averages, the below running costs are estimates provided by the landlord:
Council tax: £120
Water bill: £40
Gas & electricity bill: £100
Total pcm: £300
Total pa: £3,600
Property management, if required at 10%: £277 pcm or £3,877 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 this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
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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