Detached house for sale in Manchester M24, 8 Bedroom

Earn an instant 7.65% net yield on this tenanted investment opportunity

This Eight Bedroom hmo Is On The Outskirts Of Manchester City Centre - Offering A Fantastic Return Enquire Early To Avoid Disappointment!

This fantastic eight bedroom mid terrace hmo compromises of entrance hallway; large bedroom with en suite and kitchenette; second large bedroom with en suite and kitchenette; fully fitted communal kitchen and dining area; third bedroom with en suite and kitchenette; spacious stairway to first floor; fourth bedroom with en suite and kitchenette; fifth bedroom with en suite and kitchenette; sixth bedroom with en suite and kitchenette; spacious stairway to second floor; seventh bedroom with en suite and kitchenette; eighth bedroom with en suite and kitchenette; communal yard to the rear.

This excellent investment opportunity is located in Middleton, the outskirts of Manchester City Centre. Only a 7 minute walk to Middleton centre, with great transport links to Manchester City Centre.

Financial Breakdown

Gross rent: £46,560
Ground rent: £0
Service charge: £0
Lettings fees: £4,470
Net income: £42,090
Gross yield: 8.47%
Net yield: 7.65%

important note to purchasers:

These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Housello nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.