Cemetery Avenue, Sheffield, S11 — Two Student HMOs
Sheffield · S11
Overview
Two adjacent licensed six-bedroom student HMOs on Cemetery Avenue, Sheffield (S11), available individually at £360k each or together at £630k. Combined they let to students at £75,504 per annum — a gross yield of around 12.0% — within a protected Article 4 area where planning permission is required for new HMOs, adding scarcity value.
Investment highlights
- Two licensed 6-bed student HMOs — £75,504 per annum combined (~12.0% gross)
- Available individually (£360k each) or as a pair (£630k)
- Sheffield S11 — established student-let location near the University of Sheffield
- Protected Article 4 area — planning permission required for new HMOs, supporting scarcity
Location & demand
Cemetery Avenue sits just off Ecclesall Road in Sheffield S11, one of the city’s longest-established student letting corridors, within easy walking distance of the University of Sheffield. The Ecclesall Road mix of cafés, supermarkets and nightlife keeps S11 in steady demand with students year after year, and both houses are licensed six-bed HMOs let on that market.
Supply is the other half of the story. S11 sits within a protected Article 4 area, so planning permission is required for new HMOs and converting further family homes to shared housing is no longer straightforward. Existing licensed stock like this pair carries scarcity value as a result: the licences are in place, the student tenant base is on the doorstep, and the combined rent of £75,504 a year is already being achieved.
The numbers
| Asking price | £630,000 for the pair |
|---|---|
| Gross rent pa | £75,504 combined |
| Gross yield | c. 12.0% on the pair |
| Configuration | Two licensed 6-bed student HMOs — 12 lettable rooms |
| Price per room | £52,500 at the pair price |
| Planning | Article 4 area — planning permission required for new HMOs |
