HMOs for Sale

With a history of consistent, full occupancy, it generates an impressive £37,932 per annum. This exceptional income stream ensures a high return on investment.

Stockport Town Centre is just a 20-minute walk away, or 6-minute car journey, offering tenants a wide choice of cafes, restaurants, convenience stores and leisure facilities. Alexandra Park offers residents some outdoor natural space to enjoy and is a short walk from the property.

For transport links, Stockport Train Station is 11 minutes by foot from the property, providing links to Manchester City Centre (33-minute drive) along with other major cities, making the location ideal for commuters. Stepping Hill Hospital is a 9-minute drive, or 20 minutes via public transport, perfect for NHS employees.

Income;

Room 1 - £520 / Room 2 - £486 / Room 3 - £555 /

Room 4 - £520 / Room 5 - £520 / Room 6 - £560 /

Total; £3,161 PCM / £37,932 PA

*Please note this property currently has an R2R agreement in place, generating an income of £1,600 pcm, with the landlord only responsible for mortgage and insurance payments. All financial information is from the R2R operator. The agreement can either cease, remain or be re-negotiated by the buyer. Tenants to remain either way.

Expenditure;

Gas & Electric - £380 / Water - £29 / Council Tax - £158 /

TV License - £13 / Cleaner - £80 / Broadband - £50

Total; £710 PCM / £8,520 PA

Features

• Well Maintained 6-Bed All En-Suite HMO
• Great Historical Occupancy Record
• Short Walk To Town Centre
• Gross Income : £37,932 PA
• Gross Yield : 10.84%
• 2% +VAT Buyer's Fee