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6 bed terraced house
Liverpool Road, Eccles, M30
Auction
£270,000
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Our Summary
- 6-Bedroom, HMO Investment Opportunity An excellent opportunity to acquire a fully income-producing 6-bedroom HMO in the growing town of Eccles, Manchester
- Auction Details To be sold via Online Auction, via unconditional terms, completion strictly within 28 days Bidding window opens - TBC Auction Ends- TBC Starting price -£270,000 (Reserve price is higher & unpublished) Fees Fees All fees are payable by banks transfer only (we do not take card payments ) Buyers premium - Please note that there is a buyers premium that applies to this lot of £6500 inc vat payable by the buyer within 2 hours of winning the auction
- Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place
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Description
The property is a 6-bedroom HMO located in Eccles, Manchester, generating a gross annual income of £30,780. It consists of six rooms and is situated in an area benefiting from regeneration and strong tenant demand. The property is guide-priced at £270,000, which equates to a net yield of 9.67%. It has an Energy Performance Certificate rating of D.