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Below Market Value HMO In Manchester For Sale

Manchester, Greater Manchester
Freehold Price:
£745,000 Furniture / Fixtures and Inventory / Stock included
Leasehold:
£20,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£98,000
Net Profit:
£75,000

20 bed-rooms HMO, comprises 5 brand new properties of one detached house and 4 semi-detached house with parking, Rochdale, OL16 5DZ, Great deals for the quick decision maker, Freehold price £745,000 also open to Joint Venture for a suitable project or Long Lease.

Each property has 4 bedrooms, One Lounge, One large kitchen and dining and 2/3 toilets feature modern living accommodation, finished to an exceptionally high standard throughout.

Each property has its own parking with gated entrance and garden area, All houses built on freehold plot which can be accessed from two roads Bilberry street and Moss Terrace (private road). Located near to Rochdale town and access to Manchester city.

The properties are now complete and occupiable. Potential to use has Care houses or Assisted living accommodation or Childcare housing or Fostering accommodation or HMO housing to accommodate or Serviced accommodation for 20 people or more with the projection rental income of £95,000 per/annum and more with different with the level of accommodation has it all positive angels for suitable business as the house in multiple occupations.

Potential for owner occupier in one house and others can be Buy to Let investment with easy management and also Ideally located with excellent transport links. Floor plans,More pictures available upon request and ready to occupy houses.

(4 semi-detached on the end of Billberry street)
(One detached house on the end of Moss Terrace)

Contact seller directly by completing the form on this page.

Thanks

Property information

Property:

Available as freehold and leasehold

Leasehold Rent:

£55,000 per annum

Location:

Rochdale

Premises Details:

5500 sq ft

Size in square feet:
5,500
Energy Performance Rating:
C

Business Operation

Expansion Potential:

Potential makes office space, gym room or snooker hall

Years established:
2019

Other Information

Leasehold asking price:
£20,000 - Furniture / Fixtures and Inventory / Stock included

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