5 Bed HMO, Salford, M6 5NG £385,000

• 5 Large Double Bedrooms & 3 Bathrooms +
• Generating £36,480 Gross Per Annum +
• HMO Let Hands off with Local Lettings Agent +
• 9.12 % Gross Yield +
• Next Door Is Also Being Sold By The Same Owner +
• Redevelopment Options +

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 licence in place. The owner has recently carried out a mini refurbishment, repaint, new carpets in some rooms, upgraded communal areas with new plasma tv. All 5 rooms are currently let or under referencing but should be fully let by the time of completion of sale. The layout of the property consists of 1 double bedroom downstairs along with a communal lounge with plasma TV, along with a family bathroom and large kitchen dining space to the rear. On the first floor is 3 double bedrooms, family bathroom. 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: £385,000.00
Property type: Large Mid-Terraced Property
Bedrooms: 5
Bathrooms: 3
HMO license in place and currently managed by local agent for the perfect hands off investment.
Tenure: Freehold
Total gross income for £36,480
Redevelopment Potential