South View Road, Sheffield, S7 1DD

INVESTMENT SUMMARY

A rare opportunity to acquire two established, fully-tenanted HMO investments in one transaction. 22 and 26 South View Road are held under a single freehold title (as acquired by the current owner) and are offered for sale together at a guide price of £650,000. No. 22 South View Road - 5-bedroom licensed HMO No. 26 South View Road - 7-bedroom licensed HMO Both properties hold a full HMO Licence, with Certificate of Lawfulness applications already submitted Sold together under one freehold title deed Please note: for the avoidance of doubt, there is no No. 24 South View Road - the title runs directly from No. 22 to No. 26 Combined current net income of £59,220 per annum

LOCATION South View Road occupies an excellent position within one of Sheffield's most sought-after rental pockets, highly popular with student and professional sharers alike. Moments from Abbeydale Road, home to a growing strip of independent bars, cafés and vintage/retro shops A short walk to Ecclesall Road, Sheffield's premier bar, restaurant and boutique shopping destination Within comfortable walking distance of Sheffield City Centre and both university campuses This combination of lifestyle amenities and connectivity has historically supported strong, consistent tenant demand and low void periods for both properties.

NO. 22 SOUTH VIEW ROAD - 5 BED HMO A 5-bedroom licensed HMO producing a current net income of £23,880 per annum, after deduction of the bills the owner covers on tenants' behalf (energy, water, broadband and TV licence). Tenants at No. 22 are responsible for and pay their own council tax directly.

Income & Costs - No. 22 Council tax paid directly by tenants Energy, water, broadband & TV licence £530 £6,360 Gross rental income (before bills): £30,240 Current net income: £23,880

NO. 26 SOUTH VIEW ROAD - 7 BED HMO A 7-bedroom licensed HMO producing a current net income of £35,340 per annum, after deduction of the bills the owner covers on tenants' behalf (energy, water, broadband and TV licence). Where the property is let to a full student household, council tax is exempt, which is reflected in the current net figure.

Income & Costs - No. 26 Council tax: £126pcm (£1,512 per annum) Energy, water, broadband & TV licence: £650pcm (£7,800 per annum) Gross rental income (before bills): £43,140 Current net income (student-let, council tax exempt): £35,340

A cleaning service is not currently retained while the property is let to students. Should the property move to a non-student letting, a cleaner would typically be engaged at a cost of approximately £320 per month for No. 26 and £250 per month for No. 22, and council tax would become payable in the ordinary way for No. 26. These are flagged for a purchaser's future planning and are not reflected in the current net income figures above.

COMBINED FINANCIAL SUMMARY No. 22: Gross - £30,240. Net - £23,880 No. 26: Gross - £43,140. Net - £35,340 Combined: £73,380. Net - £59,220 Current net yield: 9.11%

Figures above are based on current trading performance as supplied by the vendor and are provided for guidance only; they do not constitute a warranty or valuation. A prospective purchaser should rely on their own due diligence, including verification of income, licensing status, and running costs, before proceeding.

TENURE & LICENSING Freehold Both properties sold together under a single title deed, as acquired by the current owner Both properties hold a full and current HMO Licence Certificate of Lawfulness applications submitted for both No. 22 and No. 26 (status available on request) No. 24 South View Road does not exist - numbering runs directly from No. 22 to No. 26