49, Harcourt Road, Sheffield, S10 1DH

A stone fronted, period terraced villa offering over 1770 square feet of accommodation. With an HMO licence in place and impressive returns of £32,844 per annum (to 24 June 2027).

The property's prime location makes it perfect as an investment property. Situated just around the corner from Sheffield University and having been consistently let over the current owners tenure.

The location is also popular with owner occupiers and it is suggested that with some renovations this property could be transformed into a quite beautiful property which commands a fine outlook over the lake in Crookes Valley Park.

Description This superb HMO is going to take some beating!

Commanding an excellent annual return of £32,844 and having been consistently let over the current owners tenure due to its excellent location, close to Sheffield University.

The six bedrooms all offer excellent proportions and the three bathrooms and ground floor W.C provide the right support.

The lower ground floor, open plan kitchen/diner/ living room opens onto the excellent garden and provides plenty of space for tenants to socialise and relax.

It even has a lovely garden with a stunning view over the lake in Crookes Valley Park.

The property is being sold with no onward chain and is let until June 2027 assuring the next owner has some rent return from day one of ownership.

Perfect for investors but perhaps also providing potential for owner occupiers as well.

Many of the properties on this side of the road have changed hands in recent years and been converted back into fine homes.

The square footage and layout along with the excellent outlook provide all that is necessary to make the backbone of a quite lovely home (subject to regs).

Elr premium - important please read: Elr is marketing this property with the benefit of ‘elr Premium’.

Elr has introduced elr Premium to help reduce fall through rates and speed up, what can often be, an unnecessary sales process.

Purchasers will benefit from the pre sale buyers pack, which we have created with our legal partners, Banner Jones Solicitors, to give buyers as much information as possible before they agree to purchase.

The pack includes: Property Information Questionnaire (piq - a summary of the TA6) TA10 (Fittings and Contents) Official Copy of the Register Title Plan Local Search* Water and Drainage Search* Coal and Mining Search* Environmental Search* (elr have ordered the local, drainage, coal and environmental searches; we will add these to the pack as they become available) elr Premium allows the sale process to be completed significantly quicker than a ‘normal sale’.

This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.

The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful buyer as part of their legal due diligence.

Additionally, and on behalf of the seller, elr requests that the successful buyer enters into a Reservation Agreement and pays the Reservation Agreement Fee of £595 (including VAT).

This includes payment for the Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).

Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as ‘Sold Subject To Contract’ (sstc).

The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days. The Reservation Fee is non-refundable except where the Seller withdraws from the sale.

A copy of the Reservation Agreement is available on request, and elr advises potential buyers to seek legal advice before entering into the Reservation Agreement.

If you have any questions about the process or want to know how selling or buying with elr Premium could benefit you, please speak to a member of the elr team.