4 bedroom house of multiple occupation for sale

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4 bedroom house of multiple occupation for sale

Coniston Street, Salford - 3531
£225,000

Our Summary

  • This would make an excellent investment opportunity for a first time investor or a great addition to a portfolio
  • This has scope to increase to £2,500 with small cosmetic renovations

Description

Taylor Jackson presents a 4-bedroom HMO for sale, offering an excellent investment opportunity for first-time investors or those looking to expand their portfolio. The property is fully occupied, generating £2,000 per month, and has scope to increase to £2,500 with minor cosmetic renovations. The boiler has been recently replaced, and there is no major maintenance required, ensuring steady cash flow. The owner is responsible for the bills, but caps can be put in place to control usage, which averages between £4,000 and £5,000 per year for a property of this size.
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