15 bed block of flats

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15 bed block of flats

Stamford Street Central, Ashton-Under-Lyne OL6
£1,299,995

Our Summary

  • Additionally, three commercial units on the ground floor offer further income potential
  • Located in an area known for its vibrant community and excellent transport links, this building represents a rare investment opportunity
  • The potential to increase rental income adds further potential to this already compelling investment opportunity
  • Potential to increase rental income

Description

This premium residential sale presents a well-maintained 15-bedroom HMO on Stamford Street Central, strategically located in the heart of Ashton-under-Lyne. The property boasts 13 en-suite bathrooms and two off-suite bathrooms, with two communal kitchens and spacious living areas. The HMO is fully operational, generating a projected rental income exceeding £130,000 per annum, with room for further growth. The property also features three commercial units on the ground floor, offering additional income potential. With an impressive ROI of 11.8% and an EPC rating of C, this investment opportunity is attractive to investors seeking stable returns. The property's central location, excellent transport links, and potential to increase rental income make it a rare and compelling investment opportunity.