£390,000
Seedley Park HMO
- 1 bed
£390,000
- 1 bed
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Pure Investor brings to the market this 6-bed HMO property for sale in Salford. The property currently generates a rental income over £42,000.00 per annum. Rooms are constantly full and the current landlords repaint and clean the rooms once a tenant has vacated.
Seedley Park HMO - Investment Breakdown
- Rental return of £3,570.00pcm - £42,840.00 per annum
- 11.0% yield
- Net Yield (once management fees and council tax, water, gas, elec, internet and tv licence deducted): 8.4%
- 6 double bedrooms (1 bedroom on ground floor, 3 bedrooms on first floor and 2 bedrooms on second floor)
- 4 full bathrooms (3 of them are en-suites)
- Fully managed by local agent
- 1 toilet (on the top floor)
- Open-planned kitchen living space
- Large rear garden
- HMO license in place
EPC - C
Current rating - 71 C
Potential rating - 83 B
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