*SIX BEDROOM LONG STANDING HMO - RENEWABLE* We have a rare opportunity to present this substantial six-bedroom, two bathroom terraced property spanning four floors. Neutrally decorated throughout and ideal for investors seeking an opportunity with for a substantial property that benefits from a previous long standing HMO licence and has a potential gross yield of 12%. The property is situated in a highly sought-after Salford location, within close proximity to public transport links including the Weaste tram stop, local amenities, Salford Royal, Salford Quays, Media City, and minutes walk from a beautiful park.
The spacious accommodation is arranged across four levels and features notably large rooms enhanced by high ceilings, allowing for ample natural light and an airy atmosphere. The main reception room offers a wonderful communal living space with bay windows that accentuate the room’s brightness and appeal, while a separate kitchen provides generous dining space and forms the heart of the home—ideal for gathering and socialising.
Among the six double bedrooms, the master suite is situated on the top floor and benefits from a large window, with views across Salford and offering an abundance of light. The second bedroom features an attractive bay window, whilst the fourth is conveniently located on the ground floor. The sixth bedroom includes built-in wardrobes for added storage. It is also good to note the property has recently had a new large boiler fitted, making the property more energy efficient.
All rooms have fire doors, emergency lighting throughout and fire alarms, in line with and meeting HMO regulations. The rooms contain lovely hotel furnishings.
There are two modern, newly refurbished bathrooms: one boasts a bath with shower over, the other a contemporary walk-in shower. The property has also had a new large condensing combi boiler fitted, to serve the whole property effectively and efficiently. Council Tax Band B further enhances the property’s investment credentials.
With two communal rooms and its history as a successful HMO with an accredited landlord, this property represents a rare opportunity for investors in a prime Salford setting. Arrangements for viewings are highly recommended.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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