HMOs for Sale
6 Brook Street, Swinton, Manchester
8 8 1
£500,000 Asking Price House of multiple occupation for saleDescription
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; £4,795.00 PCM / £57,540.00 PA
Expenditure;
Gas - £263 /Electric - £ 249 / Water - £135 / Council Tax - £174 /
TV License - £14 / Cleaner - £156 / Broadband - £70 / Management -£750
Total; £1811.00 PCM / £21,732.00 PA
Gross Yield: 11.51%
Additional Details
- Bedrooms: 8 Bedrooms
- Bathrooms: 8 Bathrooms
- Receptions: 1 Reception
- Ensuites: 8 Ensuites
- Kitchens: 1 Kitchen
- Buyer Fee: 2.00% + VAT
- Tenure: Freehold
- Rights and Easements: Ask Agent
- Risks: Ask Agent
Brochures
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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 11.51%
- Buyer's Fee Applies
Enquiry
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