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SOLD STC

Co-Operative Street, Wath-Upon-Dearne, Rotherham

PROPERTY TYPE

End of Terrace

BEDROOMS

7

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • HMO - GREAT INVESTMENT OPPORTUNITY
  • SEVEN DOUBLE BEDROOMS
  • TWO BATHROOMS
  • SPACIOUS KITCHEN & UTILITY ROOM
  • LOUNGE AREA
  • HIGH YIELD
  • POTENTIAL TO EXTEND
  • FREEHOLD / TAX BAND
  • GREAT RESIDENTIAL LOCATION

Description

GUIDE PRICE £255,000 - £260,000

GREAT INVESTMENT PROPERTY FOR SALE / SEVEN BEDROOM HMO / HIGH YIELD / SPACIOUS LIVING AREAS / POTENTIAL TO EXTEND / FANTASTIC OPPORTUNITY

GUIDE PRICE £255,000 - £260,000

GREAT INVESTMENT PROPERTY FOR SALE - SEVEN BEDROOM HMO

We are pleased to present this exceptional investment opportunity, a fully converted seven-bedroom HMO, previously two terraced properties. This property offers an impressive return on investment and the potential to further extend (STPP), adding at least one more bedroom. Located in a popular residential area and close to local shops and amenities, this HMO is an ideal choice for investors.

The property boasts seven double bedrooms, each well-lit and comfortable, providing ample living space for tenants. Bedroom 5 has the added benefit of a separate wc and wash basin and bedroom 6 features a shower cubicle and basin, offering additional convenience and privacy for the occupants.

The communal areas are designed to enhance the living experience for all tenants. The lounge is perfect for socialising and relaxation, while the kitchen is well-equipped with ample wall and base units, breakfast bar, large gas range cooker and generous counter space. Additionally, there is a utility room with space for a washer/dryer and two fridges, ensuring all tenants' needs are met efficiently.

The property includes a main bathroom with an electric shower over the bath plus a separate, spacious shower room, both fitted with modern fixtures to cater to all tenants comfortably.

This seven-bedroom HMO is a prime investment opportunity, blending high rental income with potential for further development. The spacious living areas, modern facilities, and excellent location make it an attractive option for tenants, ensuring a consistent and impressive return on investment for you.

This excellent HMO is fully tenanted and is a fantastic opportunity not to be missed.

Gross monthly income: £2,982* ( £35,784Annually )

Approx. Net Yield 10 - 11 %

Internal viewing highly recommended! Call today to arrange a viewing.

* Based on figures provided to us by the current landlords.

Brochures

Co-Operative Street, Wath-Upon-Dearne, RotherhamBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Co-Operative Street, Wath-Upon-Dearne, Rotherham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bolton-on-Dearne Station2.1 miles
  • Swinton (S. Yorks.) Station2.5 miles
  • Wombwell Station2.6 miles
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Get brand editions for Eadon Lockwood & Riddle, Wickersley

About Eadon Lockwood & Riddle, Wickersley

149 Bawtry Road, Wickersley, Rotherham, S66 2BW

Welcome to ELR estate agents, a friendly independent company that has been working on your doorstep since 1840, making us Sheffield's most established estate agent. We offer a range of services including residential sales, lettings, surveys, mortgages and property auctions, with offices across Sheffield, Rotherham, The Peak District and Hope Valley.

What is the Best Time to Sell a House?

Broadly speaking the best time to sell a house is:

"When there are the most amount of buyers

actively looking to buy"

This is due to the positive effect that competition has on your achievable sale price.

Buyer competing over a property will force out the best offers.

When you sell a house, this is a key factor behind getting the best price.

When to Sell a House - The 4 Seasons Compared

Selling a House in Spring:

Spring is a great time to sell a house or flat!

  • Gardens are in bloom
  • There's plenty of good light and mild weather
  • Properties look their best
  • The market is full with buyers

Spring is a pretty up-beat time of year. In good weather buyers are more prepared to go house hunting.

Also, many families look to match their purchase with the end of the school year.

Selling a House in Summer:

High summer has never been the best time to sell a house (especially a family one).

School Holidays are the big reason for this. Entertaining kids leaves little time for house hunting.

Plus, everyone else goes away on holiday. This peaks around August and the market dies.

If you have to sell a house in the summer, try to get it on the market as early as possible.

If your home is not on the market by early July you'll be putting yourself at a disadvantage.

Selling a House in Autumn:

Autumn has always been a good time to sell a house.

However, it's not as good as the Jan - July period. Still, if you're trying to sell in late Sept or Oct you've nothing to worry about.

Remember though, not many people want to move over Christmas so don't leave coming to market too late.

After the 2nd week of November buyers, like bears, tend to go into hibernation.

Selling a House in Winter:

Winter can be a harder time to sell but if you have that one property that someone has been waiting for, then you'll sell it. Boxing Day is a great time to list a property on the web portals. This is a time when all the family are together and looking at the properties together. 

Try Not to Sell a House in a Quiet Market!

This is because you loose the impact that a "fresh to the market" house has.

Please don't underestimate the importance of this.

As a general rule of thumb, you'll want to sell a house within 4-6 weeks, while it's fresh!

After this period property becomes "old news" and buyers start getting suspicious. They tend to assume something is wrong with the property and stay away.

When this happens you terminally damage your chance of getting best price.

If your house isn't selling it can become neglected by some agents(!) and then you truly are in a downward spiral of disappointment.

Exceptions to These Rules

Remember, it only takes one buyer to successfully sell a house!

In reality there are buyers out there 365 days a year. Just some days there are more than others.

If you are forced to sell a house during a quiet month - please don't worry!

You just need to recognise that you're at a disadvantage and act accordingly.

Be ultra-realistic about your price and concentrate twice as hard on how (and where) your property is marketed.  

As we mentioned at the top of this article, encouraging competition is the surest way to achieve the highest price when you sell a house.

Notes

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Disclaimer - Property reference 33285089. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Eadon Lockwood & Riddle, Wickersley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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