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For Sale£4,330,000.00

HMO Portfolio, Upper Allen Street, Sheffield, S3 7GW

Business Park, Distribution Warehouse, Design & Build, Petrol Station, Showroom, Residential, Other, Research & Development, Science Park, Storage, Offices, Industrial, Other Property Types & Opportunities
Property type: Business Park, Distribution Warehouse, Design & Build, Petrol Station, Showroom, Residential, Other, Research & Development, Science Park, Storage, Offices, Industrial, Other Property Types & Opportunities
Tenure: Investment Opportunity
Price: £4,330,000.00
Location: HMO Portfolio, Upper Allen Street, Sheffield, , Sheffield, S3 7GW
An exciting opportunity to acquire a modern residential HMO scheme of 59 high quality en-suite rooms across seven separate blocks - This is a part Freehold/ Part Leasehold Freehold Opportunity.

Ashton Works is a twelve bed cluster property completed in the summer of 2017. The property has a rental income of £82,488 pa.

Well Meadow Drive is a collection of modern purpose built seven bedroom townhouses which have been built within the last six years and are in a superb condition. The properties have a rental income of £147,410 over varying terms of 45-52 weeks. Fully let for 2018/19 with a 7% increase in rental income. Well Meadow Drive Phase 2 is under construction and will comprise one 8 bedroom townhouse and one 10 bedroom townhouse. The property has a has an anticipated rental income of £126,360 pa.

Total ERV is £357,258.
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