4 bedroom house of multiple occupation for sale

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4 bedroom house of multiple occupation for sale

Rostherne Street, Salford, Greater Manchester, M6
£280,000

Our Summary

  • Investment Information Full Address: 11 Rostherne Street, Salford M6 5GU Asking Price: £280,000 Number Of Bedrooms: 4 Rentals Information: Currently generating £2,100pcm ( £25,200 per annum) Single Room: £500pcm Single Room: £500pcm Double Room: £550pcm Double Room: £550pcm HMO planning permission approved for the property

Description

For sale in Salford is a 4-bed HMO property with a asking price of £280,000. The property is located in an area with a population of just under 300,000 people and is near major industries such as the BBC and Manchester United Football Club. The property has easy access to transportation options such as trains and Metrolink stations, and currently generates £2,100 per month in rentals. The HMO planning permission was approved on November 24, 2023, and the property has a net income of £21,809.28 and a gross yield of 9%. The tenure is freehold, and the majority of tenants are working professionals.
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