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Ashton Road, M34

PROPERTY TYPE

Detached

BEDROOMS

7

BATHROOMS

7

SIZE

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TENURE
Describes 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

  • 7 Bedroom HMO Property With 7 Ensuites
  • Fully Tenanted
  • Fantastic Location
  • Finished To A High Standard
  • Working Professional Tenants
  • Freehold Property

Description

One of the main benefits of this property is where it is located in Denton. It is within walking distance of Denton town centre, which is home to Crown Point retail park, which is one of the most popular retail parks of East Manchester. Tameside Wellness centre is also a short walk away which was recently developed and offers locals swimming, sauna, gym, bowling, soft play, communal spaces and educational spaces. The M60 ring road around Manchester is a 3-5-minute drive depending on traffic. Manchester city centre is reachable either by driving which would take around 15 - 30 minutes depending on traffic, or a bus from Denton town centre which will take you directly to Manchester Piccadilly.

If you would like to arrange a viewing, please reply to this email with your proof of funds, i.e. bank statement showing cash or a copy of mortgage in principle. On receipt I can arrange a viewing for you.

INVESTMENT INFORMATION

Asking price: £450,000.00
Current rental income: £4,225.00pcm (£50,700 per annum)
Current tenants' rates.
Room 1 £650.00
Room 2 £600.00
Room 3 £525.00
Room 4 £650.00
Room 5 £550.00
Room 6 £600.00
Room 7 £650.00
Overall cost of outgoing: £4,400pcm
Council tax £150.00pcm (£1,800 per annum)
Utilities £220.00pcm (£2,640 per annum)
Net income on property £46,300 per annum
Gross yield: 11.2%
Net yield (not including management costs): 10.3%
Tenure: Freehold
HMO license in place and planning for 7 beds is in place
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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Ashton Road, M34

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Denton Station0.7 miles
  • Guide Bridge Station0.9 miles
  • Hyde North Station1.3 miles
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About Pure, Manchester

125 Deansgate, Manchester, M3 2LH

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

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Disclaimer - Property reference 203-205-Ashton-Road-Denton-M34. 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 Pure, Manchester. 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.
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