5 bedroom house of multiple occupation for sale

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5 bedroom house of multiple occupation for sale

Chesham Road, Bury, Lancashire
£283,000

Our Summary

  • Attractive HMO Investment Opportunity Address: 146 Chesham Road, Bury, BL9 6EL Property Type: 5-Bedroom, All-Ensuite HMO Tenant Type: Fully Tenanted by Working Professionals Property Overview This fully tenanted, 5-bedroom HMO in Bury offers a turnkey investment with strong monthly income and a well-balanced operating profile
  • Ongoing Regeneration – Town centre improvements and infrastructure upgrades support long-term growth and capital uplift

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This 5-bedroom HMO in Bury, Greater Manchester, is a turnkey investment opportunity with a fully tenanted property, producing a monthly income of £2,870. The property is situated in a popular residential area, close to Manchester city centre, and benefits from a diverse economy and consistent rental demand. With all rooms let and low operational overheads, the property achieves a net yield of 8.27%, making it an attractive option for yield-focused investors seeking stable returns. The property's financial performance is supported by a strong income-to-cost ratio, with a gross annual income of £34,440 and total annual expenditure of £11,031.96.
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