- 9.35% NET Yield +
- Hands of Investment Opportunity +
- 7 Year Service Contract in Place +
- Currently Tenanted +
- Immediate Income +
- HMO Licence in Place +
- Semi Detached House +
- 4 Bedrooms +
- Recently Renovated Throughout +
- Great Transport Links +
With a purchase price of £200,000 and a seven-year service contract with "Positive Futures" yielding an annual income of £18,700, this property offers an impressive 9.35% NET yield.
As you approach the property, you are greeted by a gated, stone-paved driveway that guides you past the neatly maintained front garden to a solid wooden front door. This inviting entrance sets the stage for the well-appointed interiors that await inside.
The communal kitchen and living area form the heart of the home, designed with both functionality and style in mind. The kitchen boasts ample storage through a range of wall and base units and is equipped with integrated appliances, including an oven, hob, extractor fan, fridge, freezer, and a freestanding washing machine and microwave. The space is illuminated by a double-glazed window and features a radiator and laminate flooring, creating a warm and inviting atmosphere. This area also provides access to the first bedroom.
Bedroom One, located on the ground floor, is a cozy double bedroom furnished with a single bed, wardrobe, chest of drawers, and a bedside table. A double-glazed window with blinds ensures privacy and natural light, while carpeted flooring and a radiator add comfort. This room conveniently connects to the downstairs W.C., which is equipped with a toilet, wash hand basin, radiator, laminate flooring, and a frosted double-glazed window.
The upper floor houses the remaining three bedrooms, each thoughtfully designed to offer a comfortable living space. Each double bedroom features a single bed, wardrobe, chest of drawers, and bedside table, with double-glazed windows adorned with blinds. The carpeted flooring and radiators ensure a cozy and functional environment for tenants.
The bathroom on the upper floor is both practical and stylish, featuring a shower over the bath, toilet, and a wash hand basin atop a bathroom cabinet. The frosted double-glazed window provides privacy while allowing light to fill the room, and the combination of laminate flooring and tiled walls ensures ease of maintenance.
Outside, the property continues to impress with its well-maintained, fence-lined rear garden. This space includes a large lawn and a stone-paved seating area, perfect for relaxation or social gatherings. Additionally, the driveway offers parking space for two cars, adding to the convenience of this property.
Thorncliffe Avenue benefits from its location in Dukinfield, a vibrant community with excellent transport links and access to various amenities. The partnership with "Positive Futures" secures a steady income stream, making this property not just a home but a lucrative investment opportunity.
This four-bedroom semi-detached HMO on Thorncliffe Avenue combines modern comforts with financial rewards, presenting an ideal investment in a desirable location.