6 Brook Street, Swinton, Manchester

8 8 1

£500,000 Asking Price House of multiple occupation for sale
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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; £4,795.00 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%

Reference: TSC-91766713

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
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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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