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4 bedroom terraced house for sale
Rostherne Street, Manchester, Greater Manchester, M6
£220,000
Rostherne Street, Manchester, Greater Manchester, M6
£220,000
Our Summary
- Rostherne Street, Salford, M6 5GU Asking Price: £220,000 Fully Licensed 4-Bed HMO Vacant - Ready for Tenant Placement or Refurbishment Strategy ________________________________________ PRIME SALFORD HMO INVESTMENT - 4-BED LICENSED PROPERTY IN ARTICLE 4 LOCATION Introducing 11 Rostherne Street, a fully licensed 4-bedroom HMO situated in one of Salford's most in-demand and tightly regulated rental areas
- The property is currently vacant, allowing for immediate tenant placement or the option to carry out a light refurbishment to uplift the rental income and increase yield
- ________________________________________ Property Features Licensed 4-Bed HMO * Fully compliant with a valid HMO licence * Full planning approval for HMO use * Located in Salford's Article 4 area, ensuring long-term HMO protection * Vacant and ready for immediate occupation or improvements Practical & Spacious Layout Ground Floor: * Front living room * Central kitchen * Single bedroom to the rear First Floor: * Three additional bedrooms * Family bathroom This layout is well-suited for professional sharers, students, or key workers-ideal for maximising occupancy and maintaining long-term stability
- Opportunity for Modernisation Some areas of the property would benefit from modern updating, which in turn could: * Increase achievable rents * Improve appeal to higher-quality tenants * Boost overall yield and long-term asset value ________________________________________ Income & Yield Analysis Estimated Rental Income * £500 pcm per room × 4 rooms * £2,000 pcm total gross rent * £24,000 annual gross income Net Income Estimate Assuming a standard 20% operating cost (utilities, internet, TV licence, insurance, council tax, general maintenance): * 20% of £24,000 = £4,800 * Net annual income = £19,200 Gross & Net Yield (at £220,000 asking price) * Gross Yield: 10
- ________________________________________ Summary - A Ready-Made, High-Yielding HMO Investment 11 Rostherne Street offers investors: * A legally compliant 4-bedroom HMO * Located within Salford's highly protected Article 4 zone * Vacant-ready for new tenants or a refurbishment uplift * Strong rental potential: £24,000 gross / £19,200 net * Attractive 10
- Currently vacant however expected rentals (in current condition) of around £2,000pcm with scope to increase this
- Full HMO licence and planning approval in place
Description
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Here is a summary of the property description in a single paragraph without a list:
This 4-bedroom HMO in Salford's Article 4 zone is a prime investment opportunity, offering a fully licensed property with a valid HMO license and full planning approval for HMO use. The property is currently vacant, allowing for immediate tenant placement or refurbishment to increase rental income and yield. With a practical and spacious layout, the property is well-suited for professional sharers, students, or key workers, and has the potential to increase achievable rents and appeal to higher-quality tenants with modern updating. With an estimated gross rental income of £24,000 and net income of £19,200, this property offers a competitive gross yield of 10.9% and net yield of 8.7%. Located in a highly sought-after area with strong, consistent tenant demand, excellent transport links, and ongoing regeneration, this property represents a secure, income-driven, and future-proof investment opportunity.