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5 bed terraced house
Whiteacre Road, Ashton-Under-Lyne OL6
£286,000
Whiteacre Road, Ashton-Under-Lyne OL6
£286,000
Our Summary
- Introducing an exceptional investment opportunity, this 5 bedroom HMO stands very close to Ashton town centre
Description
This investment opportunity presents a 5-bedroom HMO property located near Ashton town center, with a long-term 5-year lease that will be renewed with a new owner. The property underwent a full back-to-brick refurbishment in 2023, including a brand new boiler and electrics, before being leased to a supported housing tenant. The current tenant is responsible for day-to-day repairs and management, while the landlord is only responsible for gas, electric, and water mains, as well as annual compliance certificates. The property generates substantial income with a monthly net rent of £2383.00pcm, and rents can be reviewed annually. Investors are encouraged to seize this opportunity.