Bolton Road
Welcome to this fantastic investment opportunity in Radcliffe, Greater Manchester!
This spacious property boasts 6 bedrooms, making it an ideal High Multiple Occupancy (HMO) investment. Currently, all rooms are fully tenanted, ensuring a steady stream of income from day one.
As you step inside, you’ll find a well-equipped kitchen, perfect for preparing meals and fostering a sense of community among the tenants. There’s also a communal lounge where tenants can unwind, socialize, and enjoy some downtime.
The property’s six bedrooms are a standout feature, with five of them offering the convenience of en-suite bathrooms, providing tenants with privacy and comfort. Additionally, there is one shared shower room to cater to the needs of the residents.
Location-wise, this property is a winner! It’s situated in Radcliffe, a thriving area in Greater Manchester, with excellent transport links nearby. This makes it attractive to potential tenants and ensures a high occupancy rate.
Property Specifics
- 6 Bedrooms
- 5 Bathrooms
- 1450.00 ft
- Type: Fully licensed and operational 6 bedroom HMO
Financial Overview
- Rent PCM: £2812
- Gross Yield: 12%
- Cash Purchase
What this property offers
Verification
Our verification tick shows that industry professionals have generated the estimates being shown. To generate the estimated yield and returns for the property we look at like-for-like units in similar areas as well as past data. Utilising these 2 areas, and a couple of others, we are happy we’re giving you the most accurate prediction for these properties. Should you have any questions about our estimates, please don’t hesitate to contact us.