Broom Street, Swinton, Manchester
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 5 Bedroom HMO with en-suites
- Secure Local Authority Contract
- Sold with tenants in situ
- EPC Rating C
- No Chain Investment
- Guaranteed Rental Income of £1635.85 pcm
- ROI of 12.8%
- Buyer's Premium Applies*
Description
We are delighted to offer for sale this fully licensed and functioning 5 bedroom House of Multiple Occupancy (HMO) just in the popular residential area of Swinton, Salford with good links to all major transport networks, major motorways and local amenities.
The property has had substantial conversion work undertaken to create a 5 bedroom HMO with all of the rooms having an en-suite shower room with hand basin, W/C and walk in shower cubicle.
Currently the property is generating a GUARANTEED monthly rental income of £1,635.85 through a secure contract with the local housing authority with an additional income of £95pcm per tenant which is charged to offset payment of utilities and council tax.
This is a great 'turn key' opportunity to purchase a licensed HMO which will be generating an income and delivering a return on your investments from the day the property is purchased.
Briefly, the property comprises of:
Basement: Fully converted to encompass a double bedroom with an en-suite shower room and storage facilities
Ground Floor: Entrance Hallway; 1 x double bedroom with en-suite ; communal lounge/diner; communal kitchen & Conservatory/Utility Room
First Floor: Landing; 3 x Double bedrooms with en-suites;
Externally: Small paved area to front; good sized garden to rear mostly laid to lawn enclosed by wooden fence surrounding the perimeter.
EPC Rating: C
Council Tax: Band B (£1,721.63 p/a)
Tenure: Freehold (includes a flying freehold)
*A buyer's premium of 1% + VAT, (subject to a minimum of £2,995+VAT) of the agreed sale fee applies to this property, £995 + VAT of which must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Broom Street, Swinton, Manchester
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Swinton (Gtr. Manchester) Station0.4 miles
- Moorside Station0.9 miles
- Clifton Station1.3 miles
About the agent
BRH, Doncaster
The Castle Mill, Minneymoor Hill, Conisbrough, Doncaster, DN12 3EN
BRH are a full service Estate and Letting Agency that specialise in selling properties completely free of charge and are experts in Property Management, focusing specifically on the Yorkshire area.
At BRH, it's completely free of charge to sell your property, sellers really do pay nothing.
That's because we believe it's the smartest way to do things. No concerns about upfront fees, hidden costs or extra charges. Instead, the buyer pays a 1% buyers premium. To us, it just makes sen
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 103155001657. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BRH, Doncaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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