HMOs for Sale
6 Brook Street, Swinton, Manchester
8 0
£565,000 Asking Price House of multiple occupation for sale
Description
Introducing this 8 bed 8 Ensuite HMO in Swinton. This well established, fully tenanted property has a good historical occupancy record and has been well maintained throughout. The property consists of 8 ensuite bedrooms, a well equipped communal kitchen with an open plan set up offering dining and living space, offering a great balance of comfort, privacy and functional sharing space. With a managing agent in situ- this property is well maintained and in good condition. The property includes off street parking spaces, making this a favourable choice for tenants. Additionally, thermostatic control for the heater is in place in the property, as well as individual utility control for each room in the plant room.
Located just a short distance from Wardley Industrial estate, this provides a consistent demand for a professional HMO property in the area. The property is closely located to Swinton town centre, offering a good choice of amenities. The nearest train station is just 6 minutes walk from the property, offering great links to nearby areas within Greater Manchester and beyond.
Income;
Room 1 - £625 / Room 2 - £535 / Room 3 - £625 /
Room 4 - £545 / Room 5 - £565 / Room 6 - £625 /
Room 7 - £625 / Room 8 - £650
Total; £4,795 PCM / £57,540.00 PA
Expenditure;
Gas - £400 /Electric - £ 409 / Water - £135 / Council Tax - £174 /
TV License - £13.20 / Cleaner - £156 / Broadband - £70 / Management -£750
Total; £2108 PCM / £25,296.00 PA
Gross Yield: 10.18%
Additional Details
- Bedrooms: 8 Bedrooms
- Ensuites: 8 Ensuites
- Kitchens: 1 Kitchen
- Buyer Fee: 2.00% + VAT
- Tenure: Freehold
- Rights and Easements: Ask Agent
- Risks: Ask Agent
Videos
Features
- 8 Bed 8 Ensuite HMO in Swinton
- Managing Agent In Situ
- Well Located
- Benefits From Off Street Parking
- Gross Income £57,540.00 PA
- Gross Yield 10.18%
- Buyer's Fee Applies
Enquiry
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