£435,000
(£193/sq. ft)
8 bed property for saleCrookesmoor Road, Sheffield S10
8 beds
3 baths
1 reception
2,250 sq. ft
EPC Rating: D
About this property
Investment Opportunity
Two Self-Contained Flats
3-Bedroom Ground Floor Flat
5-Bedroom Licensed HMO
Annual Rental Income £40,716
Approx. 9.4% Gross Yield
Prime Crookesmoor Location
Close to University of Sheffield
Retirement Sale
Viewing Recommended
A substantial and established student investment opportunity comprising two self-contained flats, occupying a prominent position within Crookesmoor, one of Sheffield's most sought-after and consistently high-performing student locations.
Crookesmoor Road sits within easy walking distance of The University of Sheffield and has long been regarded as one of the city's most popular student districts. The area offers an excellent range of cafés, restaurants, bars, supermarkets and independent businesses, whilst excellent public transport links provide straightforward access across Sheffield. Crookes, Broomhill, West Street and the city centre are all readily accessible, with Crookes Valley Park, Weston Park and The Royal Hallamshire Hospital located nearby.
The property has been owned and professionally managed by the same landlord since 1998 and is now offered to the market as part of a retirement sale. During this time it has provided consistent student accommodation and benefits from an established letting history within one of Sheffield's most resilient rental markets.
The accommodation is arranged as two self-contained flats and is offered for sale as a single investment lot.
344A comprises a three-bedroom ground floor flat with its own separate access and accommodation arranged to suit the student market. The property benefits from independent council tax and EPC assessments and has historically been occupied by student tenants.
344B occupies the first and second floors and comprises a substantial five-bedroom licensed HMO. The accommodation provides generous bedroom space together with communal living facilities designed for modern shared occupation. The HMO licence provides additional reassurance for prospective investors seeking a proven income-producing asset.
The configuration offers investors flexibility and diversification rarely found within a single property, combining a self-contained flat and licensed HMO within the same building whilst maintaining separate occupancy arrangements.
Externally, the property benefits from private outdoor space and enjoys a prominent position within one of Sheffield's most established student neighbourhoods.
The location continues to be a major driver of demand. Students are drawn to Crookesmoor for its proximity to the University, vibrant local amenities and straightforward access to both Broomhill and the city centre. The area has consistently proven popular with students, helping to underpin strong occupancy levels and long-term investment appeal.
The property currently generates an annual rental income of £40,716 exclusive of bills, with utilities managed separately through Unihomes, representing a gross yield of approximately 9.4% at the asking price.
The property is held under two long leasehold titles, both included within the sale, and is offered as a single lot. The accommodation is separately assessed for council tax purposes, with 344A rated Band A and 344B rated Band B. Separate EPC certificates are available for each flat.
A rare opportunity to acquire an established student investment comprising a three-bedroom self-contained flat and a five-bedroom licensed HMO in one of Sheffield's most dependable and enduring student rental locations.
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More information
Tenure
Leasehold (654 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review
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