This property is no longer on the market
5 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
At full occupation, the annual gross income is £24,952. At the asking price of £195,000, the gross yield is therefore, approximately, 12.8%.
The total expenses per month are £737.77. This includes water, gas, electric, broadband, council tax, and managing agency fees. Please note that this does not include maintenance costs as they are irregular and inconsistent.
Given the cost of expenses per month, the annual net income is therefore £16,098.76.
Selling for the asking price of £195,000 results in a net yield of approximately 8.26%. Please note that this does not account for a mortgage or costs resulting from the purchasing process such as stamp duty land tax, valuation/survey costs, search costs, conveyancer fees, etc.
With all five rooms currently occupied, this is a great oppurtunity for an investor.
Paintwork and decor throughout the property are brightly coloured. In combination with the windows in every room except those in the basement, the property is naturally well-lit.
The rooms are spread out across four floors. All five tenants get their own bathroom. Each of these bathrooms contains a shower, toilet and sink.
The shared kitchen on the ground floor features a fitted oven and electric hob with an oven hood above. Standard appliances are also provided: a microwave, a toaster and a kettle.
Council Tax Band: A (Barnsley Metropolitan Borough Council)
Tenure: Freehold
Places of interest
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Property reference RS0032. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Create Living - Wheatley.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 26, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 26, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 30, 2019 from 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.
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