Presenting to the market is this block of five apartments and plot of land combined situated in Goldthorpe, Barnsley. Featuring one bedroomed flats, a two bedroomed flat and a two bedroomed shared accommodation. All individually comprising a lounge, kitchen, bathroom, hallway and bedrooms.
With a current rental income of £23,700.00 per annum when fully let. See below for the break down of each apartment:
Flat One - £325pcm (£3,900.00 per annum)
Flat Two - £325pcm (£3,900.00 per annum)
Flat Three - £350pcm (£4,200.00 per annum)
Flat Four - £425pcm (£5,100.00 per annum)
Two Bedroomed Shared Accommodation - £275 per room (£6,600.00 per annum)
Currently all units other than the shared room is let, with a combination of private and individuals claiming housing benefits. This is an excellent development opportunity as the demand for quality HMOs is relatively high in this area. Offering the potential with a little expense to create up to nine self contained units. Also with the possible use of a temporary bed and breakfast accommodation. Highly benefiting from being fully converted and renovated in 2009, with full building regs approval and newly roofed and glazed at that time therefore providing low maintenance, efficient and versatile accommodations, a nearby location to local amenities such as the new Goldthorpe Primary School, shops and easy access to travel links.