Semi-detached house for sale in Edmund Road, Sheffield S2

** Unmissable Investment Opportunity in Sheffield's S2 Postcode **

National Residential is delighted to present this outstanding 9-bedroom freehold semi-detached HMO, ideally situated in the highly sought-after S2 postcode of Sheffield. This property is perfectly located for commuting to Sheffield City Centre and boasts excellent proximity to numerous local amenities and exceptional transport links, making it a prime investment opportunity.

When fully occupied, this property generates an impressive gross yearly rental income of £56,052, translating to a gross monthly rent of £4,671. Operating expenses, including utilities, council tax, broadband, and insurance, amount to £887 per month. After deducting management fees, the net monthly income stands at an impressive £3,784, equating to a substantial net annual income of £45,408.

Priced competitively at £435,000, this investment offers a compelling gross rental yield of 12.89% and a net yield of 10.44%, with potential for future rent increases to further enhance overall yields.

This substantial property includes a unique feature: A self-contained apartment below the main house. The main house consists of eight bedrooms and four bathrooms, while the self-contained apartment offers an additional bedroom, bathroom, and kitchen, providing even more rental potential and flexibility for tenants.

Recently refurbished in July 2023, this spacious and well-maintained property features two new bathrooms, four showers, and four toilets, catering to the needs of its residents. The open-plan living room and kitchen area is designed for modern living, complete with a breakfast bar, a wall-mounted TV with a full Sky package, and elegant marble flooring throughout the communal areas.

The kitchen is fully equipped with ample cupboard space, two large fridge-freezers, two ovens, two sinks, and two microwaves. The living area offers large, comfortable grey sofas, creating a welcoming and stylish communal space. Each bedroom is furnished with modern furniture, including black metal beds, drawers, shelves, wardrobes, bedside tables, desks, and chairs, ensuring a comfortable and convenient living environment for tenants.

Additional features include an outdoor laundry room with two dryers and two washing machines, and a great outdoor space with a picnic bench and BBQ area, perfect for socializing and relaxation.

The property's prime location near the city centre, Hallam University, and local amenities such as shops, cafes, and schools, along with easy access to Sheffield train station, hospitals, and universities, makes it an attractive choice for potential tenants.

With no additional ground rent or service charges, this property offers exceptional potential for investors seeking a lucrative rental income.

Don't miss out on this fantastic investment opportunity. Viewings are highly recommended to fully appreciate the potential of this property. For further information and to arrange a viewing, please contact our dedicated specialist sales advisor. Secure your viewing today and take the first step towards a smart investment in Sheffield!

This property is only available for purchasers who are not in a chain.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.