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This property was removed from Dealsourcr.

5 Bed HMO, Salford, M7 1NB £290,000

Nelson Street, Broughton, Salford, M7 1NB - 4 views - a year ago
  1. Deal Search
  2. Salford
  3. M7
  4. M7 1NB
Sold STC
Auction
HMO
ROI: 11%
~170 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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  • More Deals in M7
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Property History

Listed for £290,000

October 24, 2024

Floor Plans

Description

  • HMO Liscense +
  • Online Auction +
  • Freehold +
  • Virtual Tour Available +
  • Popular Location +
  • Excellent Investment +

To be sold by online auction (conditional) on Thursday 29th May 2025 with an 8 WEEK EXCHANGE, bidding will open at 10.00.

This Licensed HMO offers a fantastic opportunity to the investment market to purchase a substantial property in a popular and convenient location. The property is offered to the market with vacant possession.

Our client does not hold a certificate of lawfulness but has confirmed that the property was converted and used as a HMO prior to the enactment of the Article 4 Direction on the 25 November 2018. Therefore, the use of the property as Class C4 small HMO was enacted in accordance with permitted development rights and is therefore the lawful use. A copy of the HMO license dated 2011 - 2016 and 2017 - 2022 can be found in the legal pack.

Upon entering the property, the entrance hall provides access to the ground floor reception space with bay-fronted living room enjoying traditional ceiling heights. There is a further room which could easily be utilised as a bedroom.

The kitchen provides ample space for dining and comprises; selection of wall and base units, sink with drainer and oven with hob and space for appliances.

The bedrooms are well proportioned with ample space for storage. There are three bedrooms to the first floor, with a bathroom. To the second floor, two further bedroom share a shower room.

Externally the property enjoys a large front garden and rear enclosed yard.

The property is offered via auction terms with vacant possession. See our virtual tour online and get in touch to arrange a viewing!

Key Details:
HMO License
Tenure: Freehold
EPC - D
Council Tax Band - A

Agent Details

Leaders Sales, Fallowfield

0161 524 9116

Next Steps?

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

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Cashflows

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