Terraced in OL4 North West - House

£ 200,000

Added: 07/05/2025

4Bedrooms

4Bathrooms

96 sqmSize

Property description

Strategy: HMO

Leasehold Information:
Term : 999 years from 18 November 1970
Rent : £3

We are delighted to present this recently renovated HMO property, offering an exceptional investment opportunity with high rental yield potential. This well-maintained property is configured to offer four spacious bedrooms, each with its own private ensuite bathroom, providing modern living for multiple tenants while ensuring privacy and comfort.

Accommodation: The property comprises four generously sized bedrooms, each with its own contemporary ensuite bathroom, featuring stylish fittings and finishes. These ensuites are designed with both functionality and modernity in mind, offering tenants a private and convenient space within their rooms.

The ground floor of the property is dedicated to a communal living room and kitchen, which has been thoughtfully designed to offer a social space for tenants. The kitchen is fully equipped with high-quality appliances, providing ample space for cooking and dining. The living area is spacious and welcoming, creating an ideal environment for tenants to relax and unwind.

Investment Potential: Currently, the property generates £1,600 per month in rental income. However, there is considerable potential to increase this income to £2,000 per month, offering a substantial uplift in rent. At this potential rental income, the property would achieve a yield of 10%, making it a highly attractive option for investors seeking strong returns.

Key Features:

Recently renovated to a high standard throughout

Four bedrooms, each with a private ensuite bathroom

Spacious communal living room and kitchen

Fully fitted, modern kitchen with high-quality appliances

Excellent location with strong rental demand

Current rental income of £1,600 per month, with potential for £2,000 per month

Potential yield of 10% at full rental potential

Viewing Highly Recommended: This HMO property offers a fantastic opportunity for investors looking for a property with high rental potential and a low-maintenance design. With its recent renovation, modern features, and strong income potential, we highly recommend arranging a viewing to fully appreciate what this property has to offer.

Don't miss out on this outstanding investment opportunity—contact us today to arrange your viewing!

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Sourced reference: 161425043

Location map

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

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Sales Agent

Bridgfords

Ashton-under-lyne

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