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Sheffield Road, Barnsley, South Yorkshire, S70

Guide Price
£225,000
Reduced on 16/06/2021
Your Move, Barnsley
PROPERTY TYPE
Detached
BEDROOMS
x6
BATHROOMS
x4

Key features

  • Potential Yield of 10.6%
  • Spectacular Investment Opportunity
  • 6 Bedroom HMO
  • EPC Rating E
  • Modern Accommodation

Property description

Tenure: Freehold

*** OFFERED FOR SALE AT A REDUCED STARTING BID OF £225,000 ** What an amazing opportunity for investors we have here. 6 Bedroom HMO with a potential income of £25,740 per annum in rent which works out at a rental yield of 9.9%. Ideally located for Barnsley town centre, transport links to and from surrounding cities and MUCH MORE! Call us now to arrange your viewing.IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

BAR210228/2

Description

This SIX bedroom HMO is a superb investment opportunity with a potential income of £25,740 per annum making that an impressive 9.9% yield! Recently undergoing a refurb the property is in good modern condition but still offering plenty of potential! Briefly comprising of an entrance hallway, a communal lounge, downstairs W/C, room 1 with an en suite, a communal kitchen/diner, a utility room and extra storage room on the ground floor. On the first floor there are rooms 2-5, room 2 also benefits from an en suite, rooms 3, 4 & 5 have a communal bathroom. On the 2nd floor is room 6 which benefits from a kitchen unit and fridge and an en suite. The property has so much more potential with the space it has to offer on the ground floor with the option to change the lounge in to another room with an en suite, potential to extend the kitchen in to the utility/storage space or potentially make another room. EPC Rating E.

Auction Terms

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with Iamsold and provide proof of how the purchase would be (truncated)

Location

Sheffield Road provides access into Barnsley town centre and also easy access to junction 37 of the M1 motorway. There are excellent transport links via Barnsley Interchange and very good town centre shopping including numerous High Street chains and the Alhambra Shopping Centre. The area also has access to a range of local schools.

Living Room

3.79m x 4.49m

W/C

1.67m x 0.83m

Kitchen

4.5m x 3.04m

Utility Room

2.13m x 1.87m

Storage Room

1.1m x 2.27m

Room 1

3.88m x 3.8m

En Suite

2.55m x 0.79m

Room 2

3.91m x 3.81m

En Suite

2.04m x 0.78m

Room 3

2.15m x 3.66m

Room 4

2.15m x 3.66m

Room 5

2.15m x 3.66m

Bathroom

2.04m x 1.99m

Room 6

4.76m x 6.08m

Kitchen units and fridge.

En Suite

1.67m x 1.99m

Freehold

Brochures

Web DetailsFull Brochure PDF

Energy Performance Certificates

EPC Rating Graph

Sheffield Road, Barnsley, South Yorkshire, S70

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnsley Station0.6 miles
  • Dodworth Station2.4 miles
  • Wombwell Station3.0 miles
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About the agent

Your Move, Barnsley

9 / 11 Eldon Street, Barnsley, S70 2JR

Your Move, Barnsley

We pride ourselves on giving a first class service to our customers with a commitment to listening to individual needs and helping you every step of the way, which is why we have a five star rating on Trustpilot.

Our teams are experienced professionals with valuable local knowledge, which is combined with a proactive and enthusiastic attitude to keep your sale moving. Our commission based sales team stay motivated throughout the process as your fee isn't due until we have sold your prop

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Industry affiliations

Association of Residential Letting AgentsNational Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

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Disclaimer - Property reference BAR210228. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Your Move, Barnsley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnsley on 01226 977120.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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