36 Harland Road, Sheffield, South Yorkshire, S11 8NB

Guide Price

£300,000 plus

Additional Costs / Fees will apply

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Property Details

Location

Description

STUDENT INVESTMENT WITH DEVELOPMENT POTENTIAL - A substantial end of terrace HMO occupying a wider than average plot with driveway and substantial rear GARAGE/STORE offering additional income potential or development opportunity (subject to planning) The property occupies level position in this much favoured letting area, a short walk from Collegiate Crescent and comprehensive facilities on nearby Ecclesall Road. The property is let up until 29th June 2025 at a total rent equivalent to £19,002 but normally would be let to 5 at a minimum of £115 per week each (inclusive of bills) , giving an annual income just under £30,000pa.

Location

Harland Road runs off the main A625 Ecclesall Road opposite Collegiate Crescent and a short walk from a wide range of facilities including numerous pubs, restaurants and bars, in what is considered to be one of the most popular student letting areas of Sheffield. The city centre lies less than a mile away as does the inner ring road, giving easy access to Midland Station, both Universities and comprehensive amenities in and around the city centre

Accommodation

Ground Floor	Front Bedroom, Lounge, Kitchen & Bathroom/WC
First Floor	2 Bedrooms, Shower Room & Separate WC
Second Floor	2 Bedrooms

Outside

Forecourt and side driveway leading to SUBSTANTIAL GARAGE/STORE offering potential for letting or redevelopment (subject to planning).

Tenancy

The property is usually let to 5 for the full academic year, giving an overall income just under £30,000 but the current rental details are as follows-

1st July 2024 - 31st January 2025 - to 5 tenants at £105 pw each - £11,375

1st February 2025 - 29th June 2025 - to 4 at £110pw each - £7,627

TOTAL - £19,002

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 15TH OCTOBER AND CLOSES ON WEDNESDAY 16TH OCTOBER.

3. Energy Performance Certificate = D