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Property Details
Investment Details
Property Description
Fantastic opportunity to acquire an established HMO with 5 en-suite bedrooms in an extremely popular part of Salford, Greater Manchester.
With Article 4 being in place, new HMO licenses are generally not being granted and planning permission must be sought. This ready-made HMO is fully licensed and has planning/building control all signed off as well as being rented to Salford Council!
Offering the discerning investor guaranteed rent as well as utility bills contributed to by the tenants, this could be a great addition to your portfolio.
Gross figures for this property are as follows:
Rent £598.35 per room per month.
Utilities paid by each tenant per month £130.
5 rooms x 12 months: £43,701 per annum.
For more information and walk-through video please contact the Property Guru team today.
Property Type
Terrace
Bedrooms
5
Bathrooms
5
Tenure
Freehold
EPC Rating
E
Sourcing Fee
£8,000
Contact Us
+44 (0)330 1336 189
Reservation Process
Interested in purchasing an investment property listed by Property Guru? Once you have viewed and done your due diligence on the property offered and decided you want to proceed with a purchase you will be asked to sign a 'Sourcing Agreement'. This agreement is in place to protect you as a buyer and Property Guru as a company.
You will be asked to pay 50% of the 'Sourcing Fee' (deposit) upon offer acceptance on your chosen property and 50% upon exchange of contracts of the purchase. The 'Deposit' is refunded to you if the seller withdraws from the sale or if there are significant issues found on survey meaning you cannot proceed with the purchase due to it no longer being a viable investment. Full details are listed in the agreement and we are happy to provide a copy upon request before entering into any agreement.
Disclaimer
Property Guru is not a licensed investment advisor or estate agent and is not authorised by the Financial Conduct Authority to provide investment or financial advice.
Property Guru makes no representations and gives no warranties as to the accuracy of the information provided and potential investors should not rely on it but should take independent legal, financial or other professional advice before entering into any agreement.
For full terms and conditions please visit our Terms and Conditions page. Property Guru is a trading name of Simon Ellis Estates Limited (10844210).