Barnsley, S75 2AZ | Investment Property for Sale | VES-S75-001

Opportunity to purchase a 5-bed HMO in Barnsley with the potential to generate a 10.6% gross rental yield

£147,000

HMO Terraced House

VES-S75-001

INITIAL INVESTMENT

£44,100

GROSS RENT

£15,600

GROSS YIELD

10.6%

ADD TO FAVOURITES

The property

TENANCY

Vacant

TENURE

Freehold

5 bedrooms

2 bathrooms

0

1,078

Unfurnished

Property information

  • Spread over 3 floors
  • Vacant 5-bed HMO
  • Current HMO licence will expire in January 2021
  • Rear garden
  • EPC rating D
  • Property is currently undergoing extensive refurbishment works

Potential rental income

Once fully let the property can achieve:

  • Aggregate monthly income: £1,300
  • Aggregate annual income: £15,600
  • Aggregate gross yield: 10.6%

Floorplans

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.

About Barnsley, South Yorkshire

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.

Queen's Avenue,

Barnsley,

South Yorkshire,

England,

S75 2AZ

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

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