- Recently refurbished HMO property +
- Currently vacant +
- Expected rental income of £27,360 per annum +
- Generating a gross yield of 12.5% & expected net yield of 9% +
- No HMO licnecne required due to being a 4 bed +
- 4 Bathroom all with ensuites +
FOR SALE - 15 Minnie Street, Bolton - Turnkey 4 Bed/4 Ensuite HMO Investment
ASKING PRICE - £220,000
An exceptional investment opportunity! Welcome to 15 Minnie Street, a recently refurbished, 4-bedroom House in Multiple Occupation (HMO), offering an effortless income stream. As the property features a 4-bedroom layout, no HMO licence is required, making this a hassle-free addition to any portfolio.
Each bedroom benefits from its private ensuite, maximising tenant appeal and reducing shared space maintenance. The property also features a modern communal kitchen, rear yard, and on-street parking to the front.
Financial Highlights:
* Expected Rent (per room): £570 PCM
* Total Gross Monthly Income: £2,280
* Total Gross Annual Income: £27,360
Outgoings:
* Council Tax: £1,506.33
* Gas & Electric: £2,400
* Broadband: £552
* Water: £600
* Management Fee (10% of rent): £2,736
* Total Annual Costs: £7,794.33
Yields
* Gross Yield: 12.44%
* Net Yield: 8.88%
This property offers a rare blend of high returns, minimal licensing requirements, and turnkey condition, perfect for both new and experienced landlords.
Located close to local amenities, transport links, and university campuses, 15 Minnie Street is primed for consistent demand.
Location Benefits
* Excellent location in central Bolton
* Short walk to the University of Bolton, the town centre, and transport links
* High demand from students and young professionals
* Surrounded by local shops, gyms, cafes and more
Investment Highlights
* Fully refurbished - no work required
* 4 En Suite bedrooms - maximise tenant appeal
* High gross and net yields
* No HMO licence required
* Sought-after rental location