Call the team on 0161 925 3254 for more information
* HMO Investment Opportunity **
An extended end terrace house presently operating under HMO licence with nine bedsit rooms producing a combined gross of circa £44,000 which equates to an attractive 19% return based against the guide price - certainly one for addition to any discerning investors portfolio. The premises are arranged over two levels with nine currently let rooms (four to ground floor level/5 on the first floor) together with a communal entrance hall with cloaks/w.c off, shared lounge, sizeable kitchen and two shower rooms on the first floor. Externally, there is an enclosed side garden with yard and store. Situated in a prominent road side position conveniently located for daily amenities and within easy reach of Bolton & Bury Town centres, motorway and rail links. * Some areas of the property were unavailable to inspect at time of our visit.
Tenure
Leasehold
Ground Floor
Bedroom 1 - 4 WC Lounge Kitchen
First Floor
Bedroom 5 - 9 Shower Room X2
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Bolton Metropolitan Borough Council - Council tax band A
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1500 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.