4 Bed HMO, Salford, M6 6BE, £225,000

54 Blandford Road, Salford, Greater Manchester, M6 6BE - 14 views - 6 months ago

Sold STC

HMO

ROI: 15%

65 m²

+4 photos

ValuationOvervalued

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£7,950£7,950
Total Cash In	£64,200£64,200

Cash Out
Room Rate	£625£625
Gross Rent	£2,500
Running Costs/mo	£1,683£1,683
Cashflow/mo	£817£817
Cashflow/yr	£9,804£9,804
ROI	15%15%
Gross Yield	13%13%

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Property History

Listed for £225,000

September 18, 2024

Sold for £69,950

2006

Sold for £57,000

2004

Sold for £29,000

2002

Description

4 BED HMO +
HANDS OFF INVESTMENT +
GENERATING OVER £30,000 PER ANNUM +
12% YIELD +
FULLY MANAGED +
TENANTED +
STUDENT PROPERTY +

HMO, INVEST, TENANTED, MANAGED BY MISTORIA

Welcome to this charming terraced house located on Blandford Road in Salford! With four spacious bedrooms and two bathrooms, there is plenty of room for everyone in the household to enjoy their own space.

Currently set up as a 4 BED HMO, this property is a fantastic investment opportunity that is already tenanted, ensuring a hassle-free income stream. With a remarkable 12% yield and £30,000 in annual income, this property presents a lucrative option for those looking to expand their investment portfolio.
Book a viewing today and step into a world of opportunity!

Agent Details

Mistoria, Worsley, Walkden

0161 524 3711

Next Steps?

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

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