5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- 5 Bedroom HMO Property
- Current Annual Income Of £37,800
- Fully Managed
- Popular HMO Location
- HMO Compliant
- Freehold Property
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 tenanted by working professionals. The layout of the property consists of 1 double bedroom to the front of the property, living room and large kitchen/dining space to the back of the downstairs. To the first floor is a communal bathroom for bedrooms 2 and 3 with shower, sink and toilet. There is also a large double room to with a en-suite with shower, toilet and sink. The second floor has a double bedroom with en-suite including shower, sink and toilet. The property has been very well maintained throughout with most of the tenants confirming their happiness at renting in the property on our recent visit.
Investment Information
- Full address: 103 Seedley Park Road, Salford, Greater Manchester M6 5WU
- Asking price: £375,000.00
- Property type: Mid-terraced property
- Bedrooms: 5
- Bathrooms: 3
- HMO license in place and currently managed by HMO Lets
- Tenure: Freehold
o Total Income per month: £3,150.00pcm
o Total income per annum: £37,800.00
o Gross yield: 10.0%
o Outgoing costs per month: £428.00pcm
o Annual outgoing costs: £5,136.00
o Net yield: 8.7%
- Outgoing costs include
o Utilities: £240.00 per month (£2,880.00 per annum)
o Internet: £40.00 per month (£480.00 per annum)
o Council tax: £148.00 per month (£1,776.00 per annum)
Places of interest
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Property reference 103-Seedly-Park-Road-Greater-Manchester-M6. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure Investor - Pure investor.
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Broadband availability and predicted speed: obtained from Ofcom on July 18, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on July 18, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 17, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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