Newman Road, Wincobank, Sheffield

4 bed property for sale, Newman Road, Wincobank, Sheffield – £155,000

EPC-D
FULLY OCCUPIED ROOM SHARE
TURNKEY INVESTMENT
2021 FULL REFURB
FULLY MANAGED BY AGENT
EN SUITE ROOMS

<h2>Fully Occupied 4 Bed Room Share Investment | £1,596 PCM Income| £160,000 Asking Price | Turnkey Investment</h2> An excellent opportunity to acquire a fully occupied 4-bedroom room share in the sought after S9 area of Sheffield, producing £1,596 per calendar month (£19,152 per annum) in rental income. The property is fully tenanted and currently managed by the selling agent, providing an attractive hands off investment opportunity with income from day one of ownership. The property underwent a full refurbishment in 2021 and has been finished to a high standard throughout, offering four generously proportioned double bedrooms, each benefiting from its own private en suite shower room. The accommodation is complemented by a modern communal kitchen, fitted with an oven, hob, extractor fan, two fridge freezers, washing machine and microwave. <h3>Investment Highlights</h3> <ul> <li>4 bedroom room share</li> <li>Fully occupied</li> <li>£399 per room per month</li> <li>£1,596 PCM rental income</li> <li>£19,152 annual rental income</li> <li>£160,000 asking price</li> <li>Approximately 11.97% gross rental yield (based on the asking price)</li> <li>Fully managed by the selling agent</li> <li>Full refurbishment completed in 2021</li> <li>All bills included within the room rents</li> <li>En suite facilities to every bedroom</li> <li>EPC Rating C</li> <li>Council Tax Band: A</li> <li>S9 area of Sheffield</li> </ul> At the current asking price, the property offers investors an attractive high yield opportunity, with an established rental income stream and no requirement to source tenants from completion. The combination of full occupancy, established management, strong rental income and a previous full refurbishment makes this an ideal addition to an existing HMO portfolio or an opportunity for an investor looking to enter the Sheffield market. A genuine turnkey investment fully occupied, fully managed and generating income from day one. Viewings are highly recommended.

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