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This property was removed from Dealsourcr.

5 Bed HMO, Salford, M6 5WU £400,000

103 Seedley Park Road, Salford, Greater Manchester M6 5WU - 36 views - a year ago
  1. Deal Search
  2. Salford
  3. M6
  4. M6 5WU
HMO
ROI: 6%
119 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Salford
  • More Deals in M6
  • More HMO Deals
  • More HMO Deals in Salford
  • More HMO Deals in M6

Property History

Price changed to £400,000

February 20, 2025

Price changed to £399,950

December 4, 2024

Listed for £375,000

August 1, 2024

Floor Plans

Description

  • 5 Bedroom HMO Property +
  • Current Annual Income Of £37,800 +
  • Fully Managed +
  • Popular HMO Location +
  • HMO Compliant +
  • Freehold Property +

Pure Investor brings to the market this 5-bedroom HMO property for sale in Salford, Greater Manchester. The property has been fully converted to comply with HMO licensing and has a fully valid HMO license in place. All 5 rooms are currently tenanted by working professionals. The layout of the property consists of 1 double bedroom to the front of the property, living room and large kitchen/dining space to the back of the downstairs. To the first floor is a communal bathroom for bedrooms 2 and 3 with shower, sink and toilet. There is also a large double room to with a en-suite with shower, toilet and sink. The second floor has a double bedroom with en-suite including shower, sink and toilet. The property has been very well maintained throughout with most of the tenants confirming their happiness at renting in the property on our recent visit.

Investment Information
- Full address: 103 Seedley Park Road, Salford, Greater Manchester M6 5WU
- Asking price: £425,000.00
- Property type: Mid-terraced property
- Bedrooms: 5
- Bathrooms: 3
- HMO license in place and currently managed by HMO Lets
- Tenure: Freehold
o Total Income per month: £3,150.00pcm
o Total income per annum: £37,800.00
o Gross yield: 9.45%
o Outgoing costs per month: £428.00pcm
o Annual outgoing costs: £5,136.00
o Net yield: 8.2%
- Outgoing costs include
o Utilities: £240.00 per month (£2,880.00 per annum)
o Internet: £40.00 per month (£480.00 per annum)
o Council tax: £148.00 per month (£1,776.00 per annum)

Agent Details

Pure, Manchester

0161 524 5533

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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