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Princess Street, Barnsley, S70

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

4

BATHROOMS

1

SIZE

775 sq ft

72 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Four Bedroom HMO
  • Current Guaranteed Rental Income of £800pcm with potential to increase
  • No onward chain
  • Secure Housing Association Lease in place until May 2028
  • Property can be offered with vacant possession
  • Projected ROI of 14%
  • EPC Rating D
  • Located close to Barnsley Town Centre and close to all local amenities
  • *Buyer's Premium Applies

Description

This four-bedroom terraced house is situated on Princess Street in Barnsley. It is currently configured as a House of Multiple Occupation (HMO) with a guaranteed rental income of £800 per calendar month, presenting a solid investment opportunity. The property is secured with a Housing Association lease until May 2028, offering peace of mind to potential buyers. The property can also be offered with vacant possession should this be requested and would also make an attractive single let investment or family home.


The location of the property is a key advantage, being close to Barnsley Town Centre. This ensures easy access to local amenities and public transport links, making it an attractive option for tenants. The property's EPC rating is D, highlighting its energy efficiency for prospective investors.

With no onward chain, the transaction process could be straightforward and swift. There is also potential to increase the current rental income, enhancing the return on investment.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Princess Street, Barnsley, S70

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About BRH, Doncaster

The Castle Mill, Minneymoor Hill, Conisbrough, Doncaster, DN12 3EN
Industry affiliations:

BRH are a full service Estate and Letting Agency that specialise in selling properties completely free of charge and are experts in Property Management, focusing specifically on the Yorkshire area.

Your mortgage

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Years
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Monthly repayments
£571
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Disclaimer - Property reference RX654423. 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 BRH, Doncaster. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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