£535,000
(£255/sq. ft)
9 bed terraced house for saleParkers Road, Sheffield S10
9 beds
3 baths
1 reception
2,100 sq. ft
EPC Rating: D
About this property
A substantial and fully licensed nine bedroom HMO, positioned in the heart of Broomhill, one of Sheffield’s most established and consistently high performing student investment locations.
Parkers Road occupies an enviable position just moments from The University of Sheffield, placing it at the centre of one of the city's most resilient rental markets. Broomhill’s cafés, restaurants, bars, supermarkets and independent businesses are all on the doorstep, while excellent tram and bus connections provide straightforward access across the city. The Royal Hallamshire Hospital, Sheffield Teaching Hospitals, Western Park and Crookes Valley Park are all within easy walking distance, further strengthening the location's long-term appeal.
The property has been carefully managed and maintained by a professional landlord and is now offered to the market as part of a retirement sale. Configured specifically for the student market, the accommodation comprises nine spacious bedrooms, each furnished with a double bed, wardrobe, drawers, desk and chair, together with locks to doors, TV aerial points and Cat.5 internet connections.
The communal accommodation is practical, sociable and designed for modern shared living. The living room provides sofas, a dining table, coffee table and 42" HD television, while the kitchen is comprehensively equipped with electric ovens and hobs, microwave, full-height fridge freezers, dishwasher, washing machine and tumble dryer facilities.
Three separate shower rooms, together with two additional WCs, help support the scale of the accommodation and contribute to a layout that has been designed with functionality in mind.
Externally, the property benefits from both a rear garden and yard area, providing valuable outdoor space rarely found in student accommodation of this size.
The location does much of the heavy lifting. A walk through the Botanical Gardens brings you out onto Ecclesall Road, one of Sheffield's most established social hubs, lined with independent cafés, restaurants, bars and shops. The city centre is equally close, with West Street, Devonshire Green and the iconic Leadmill all within easy reach. It's the kind of location students actively seek out, which is exactly why demand here remains so consistent.
The property currently generates an annual rental income of £50,544 exclusive of bills, representing a gross yield of approximately 9.4% at the asking price, with utilities managed separately through Unihomes.
A proven and established investment opportunity in one of Sheffield's most dependable student rental locations.
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