We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work6-bedroom house · S6 3NT
Listing removedListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional rental investment opportunity not to be missed, this superb six-bedroom HMO semi-detached property is located on Springvale Road in the highly sought-after and ever-popular area of Crookes, S10.
The property has been well maintained throughout the current landlord’s ownership and has been continually let, and it is now offered for sale as a going concern.
The house is currently fully tenanted to six students until the end of June 2027, producing a strong rental income of £32,760 per annum excluding bills, representing an attractive gross yield of 9%, making it a compelling proposition for investors seeking immediate and reliable returns.
The accommodation includes a spacious communal lounge and dining area on the ground floor, positioned adjacent to a modern, well-fitted kitchen offering ample work surface and storage space, along with integrated appliances including a dishwasher and fridge freezer, as well as a further utility area.
In addition, there is a separate large utility room providing excellent drying space, two fridge freezers, a washing machine and a separate tumble dryer.
The property benefits from two well-appointed bathrooms and three toilets in total, ensuring convenience and comfort for all occupants.
All six bedrooms are generous double rooms, each fully furnished with a double bed, desk and fitted wardrobe or hanging space, making the property ideally configured for HMO use.
Externally, the house offers a low-maintenance rear courtyard garden, while to the front there is a driveway leading to a covered portico entrance.
All contents are included in the sale, allowing for seamless continuation of the existing tenancy.
The location is a key highlight, with Crookes being a popular suburb to the north-west of Sheffield City Centre, offering a wealth of independent shops, pubs, bars, restaurants, takeaways and supermarkets on the doorstep, along with excellent access to neighbouring areas such as Walkley, Hillsborough & Netherthorpe.
The property is ideally positioned for the universities, hospitals, schools and open green spaces, including Bole Hills, renowned for its stunning views over the city.
The property is freehold, falls within Council Tax Band B and has an EPC rating of D.
With tenants in place until June 2027, strong rental income and a proven letting history in a high-demand location, this is a turnkey HMO investment offering both immediate income and long-term capital appeal.
Early viewing is highly recommended. What3words///drape.vows.slices
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 181, Springvale Road, Crookes
Explore nearby
.png){kind=logo}
