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5 bedroom property for sale
Hulton St- HMO + LAND -9.12% Yield, Failsworth, Manchester, M35
£440,000
Hulton St- HMO + LAND -9.12% Yield, Failsworth, Manchester, M35
£440,000
Our Summary
- The OPA is delighted to present this exceptional freehold HMO investment opportunity, ideally situated in the highly sought-after residential area of Failsworth, Manchester
- This fully tenanted end-of-terrace property offers a strong and reliable income stream, with excellent potential for future value uplift and development
- A key feature of this property is the adjoining side land, which offers clear scope for extension or development (subject to planning consent)
- This presents a rare opportunity to increase add significant value-add potential for investors and developers alike
- Adjoining land with potential for development subject to further planning
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- House In Multiple Occupancy (HMO) Investment + Land To Side With Development Opportunity
- Scope For Extension / Development (STPP)
Description
This exceptional freehold HMO investment opportunity is situated in the highly sought-after residential area of Failsworth, Manchester. The property comprises five generously sized en-suite bedrooms, each currently let and recently redecorated and furnished to a high standard. The property also features a bright and modern communal kitchen-diner and an adjoining side land with potential for extension or development, subject to planning consent. The property is fully tenanted and offers a strong and reliable income stream, with excellent potential for future value uplift and development. The area offers a wealth of amenities, including supermarkets, independent shops, cafés, schools, and healthcare facilities, and is located in close proximity to Manchester city centre and easily accessible via the nearby M60 motorway and Failsworth Metrolink station. The property is being sold with tenants in situ, and the rental income is inclusive of bills and council tax. Viewings are available upon request.