Map5 bedroom terraced house for sale
Key information
Features and description
- Tenure: Freehold
- 5 Large Double Bedrooms & 3 Bathrooms
- Currently Used On A Short Term Let Basis
- Generating Just Below £50,000 Per Annum
- 9.0% Net Yield
- Redevelopment Options
- Next Door Is Also Being Sold By The Same Owner
Pure Investor brings to the market this 5-bedroom HMO property for sale in Salford, Greater Manchester. The property has been fully converted to comply with HMO licensing and has a fully valid HMO license in place. All 5 rooms are currently let on a short term let basis and have a manging agent in place who lives close by. The layout of the property consists of 2 double bedrooms downstairs, along with a family bathroom and large kitchen dining space to the rear. On the first floor are 2 double bedrooms, family bathroom and a living room to the front of the property. In the attic is a large double bedroom with an en-suite. There is a small yard to the rear of the property and the front looks directly onto Buile Hill park.
Investment Information
Full address: 113 Lower Seedley Road, Salford, Greater Manchester M6 5NG
Asking price: £400,000.00
Property type: Large Mid-Terraced Property
Bedrooms: 5
Bathrooms: 3
HMO license in place and currently managed by a neighbour who has done for several years.
Tenure: Freehold
Total gross income for Aug 2023 - Aug 2024 - £48,587.00
Total net income for Aug 2023 - Aug 2024 - £36,054.00
Redevelopment Potential
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