5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- To be sold by auction
- Licenced FIVE bedroom HMO
- Current income just short of £28k per annum
- Scope to increase rents to £31/£32k per annum
- All compliance certificates available
TO BE SOLD BY ONLINE AUCTION ON 11TH SEPTEMBER 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
39 Manchester Road, Ashton-u-Lyne, OL7 0DA.
Fully let well maintained five-bedroom HMO. Hall, lounge/dining room, modern kitchen with built in oven and hob, two bathrooms. Gas central heating with Worcester Greenstar boiler, double glazing. The current income is just short of £28,000pa with scope to increase rents on four rooms offering a potential of £31,000 to £32,000pa. Copies of the tenancy agreements and compliance documents are available in the legal pack. Low tenant churn - three tenants have been there for between three and four years. A new HMO license was granted on 1/10/2023 and runs to 30/9/2028. The sale also includes all furniture and kitchen appliances including the large American style fridge freezer, microwave, washing machine, the bedroom furniture, two sofas, LCD TV and TV stand.
Close to a range of amenities including shops, parks and recreational facilities including West End Park and Oxford Park Community Sports Centre along with bars and restaurants on the nearby Ashton Moss Development. Also enjoying a convenient location, a short distance from Ashton Town Centre with its excellent range of facilities including Ladysmith shopping centre and Snipe retail park. For commuters, the M60 is a stone’s throw away and both the Metrolink and train station offer routes to Manchester. EPC rating D. Please note the photographs were provided by the seller and taken prior to the lettings however, we have inspected the house and can confirm their validity.
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