8 bedroom hmo

Chorley Road, Swinton, Greater Manchester, M27 4AA

Size: 217 sqm

Purchase price

£700,000

Size: 217 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £51,780
Lettings fees £2,071
Net income £39,679
Gross yield 7.4%
Net yield 5.67%

EARN INSTANT INCOME ON THIS EXCELLENT HMO INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful 8 bedroom HMO is located just 15 minutes from Manchester city centre, fully tenanted and in a fantastic condition.


EARN INSTANT INCOME ON THIS EXCELLENT HMO INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS!

This excellent 8 bedroom HMO comprises of; 8 generously sized bedrooms; all having their own bathrooms; each having a fully fitted kitchen with all appliances included; there is also a communal lounge and large communal kitchen; the HMO is over 3 floors and comes with on street parking to the front. There is a rear garden, and the whole property is fully double glazed.

Chorley Road is ideally located close to Manchester City Centre where there are many shops, bars and restaurants. There is never a shortage of things to do in Manchester with many live music venues, theaters and museums.

Manchester’s high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the UK’s best buy-to-let hotspots. Between July 2017 and July 2018, Manchester’s property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester’s growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Manchester is a very vibrant city and is renowned for its rich history and culture. There is a growing demand for properties there as a result of many students deciding to stay in the city after graduation and also because of the increasing number of businesses deciding to settle there.

This is an investment opportunity not to be missed.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Fully tenanted

Key features

Eight bedrooms

Key features

All with their own kitchens & bathrooms

Key features

Double glazed

Key features

Communal lounge & kitchen

Key features

Excellent condition

Key features

Great transport links

Key features

15 minutes from Manchester city centre

Key features

Freehold

Key features

Freehold

EARN INSTANT INCOME ON THIS EXCELLENT HMO INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful 8 bedroom HMO is located just 15 minutes from Manchester city centre, fully tenanted and in a fantastic condition. More info...

EARN INSTANT INCOME ON THIS EXCELLENT HMO INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS!

This excellent 8 bedroom HMO comprises of; 8 generously sized bedrooms; all having their own bathrooms; each having a fully fitted kitchen with all appliances included; there is also a communal lounge and large communal kitchen; the HMO is over 3 floors and comes with on street parking to the front. There is a rear garden, and the whole property is fully double glazed.

Chorley Road is ideally located close to Manchester City Centre where there are many shops, bars and restaurants. There is never a shortage of things to do in Manchester with many live music venues, theaters and museums.

Manchester’s high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the UK’s best buy-to-let hotspots. Between July 2017 and July 2018, Manchester’s property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester’s growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Manchester is a very vibrant city and is renowned for its rich history and culture. There is a growing demand for properties there as a result of many students deciding to stay in the city after graduation and also because of the increasing number of businesses deciding to settle there.

This is an investment opportunity not to be missed.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Fully tenanted
    Tick Desktop Eight bedrooms
    Tick Desktop All with their own kitchens & bathrooms
    Tick Desktop Double glazed
    Tick Desktop Communal lounge & kitchen
    Tick Desktop Excellent condition
    Tick Desktop Great transport links
    Tick Desktop 15 minutes from Manchester city centre
    Tick Desktop Freehold
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £51,780
Lettings fees £2,071
Net income £39,679
Gross yield 7.4%
Net yield 5.67%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.