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6 Bed HMO, Salford, M6 5NG £425,000

115 Lower Seedley Road, Salford, Greater Manchester M6 5NG - 10 months ago
  1. Deal Search
  2. Salford
  3. M6
  4. M6 5NG
Sold STC
HMO
Inside Article 4
ROI: 9%
~147 m²

ValuationUndervalued

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 £425,000

February 20, 2025

Listed for £410,000

January 28, 2025

Sold for £29,000

1995

Floor Plans

Description

  • 6 Large Double Bedrooms & 4 Bathrooms +
  • Generating Just Below £50,000 Per Annum +
  • Redevelopment Options +
  • Currently Used On A Short Term Let Basis +
  • 11.8% GrossYield +
  • Fantastic Salford Location +

Pure Investor brings to the market this 6-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 licence in place. All 6 rooms are currently tenants on a short term let basis and have a manging agent in place who lives close by. The layout of the property consists of 2 double bedrooms downstairs, along with a family bathroom and large kitchen dining space to the rear. On the first floor are 3 double bedrooms, family bathroom and en-suite. In the attic is a large double bedroom with an en-suite. There is a small yard to the rear of the property and the front looks directly onto Buile Hill park.

Investment Information
- Full address: 115 Lower Seedley Road, Salford, Greater Manchester M6 5NG
- Asking price: £425,000.00
- Property type: Mid-terraced property large property
- Bedrooms: 6
- Bathrooms: 4
- HMO license in place and currently managed by a neighbour who has done for several years.
- Tenure: Freehold
- Total gross income for Aug 2023 - Aug 2024 - £48,381
- Total net income for Aug 2023 - Aug 2024 - £36,910

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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Cashflows

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