Halifax Road, Rochdale

£450,000 Offers Over
For Sale

Key Features

Property Features

  • ATTENTION INVESTORS
  • FANTASTIC INVESTMENT OPPORTUNITY
  • LAUNDRY ROOM
  • 12 Bed HMO
  • 12% GROSS YIELD
  • ECONOMY 7 ELECTRIC STORAGE HEATERS

Property Description

Property Summary

Get Sold UK are pleased to offer this 12 Bedroom HMO in Rochdale For Sale

12 Double Bedrooms, Shared bathrooms, kitchens, and laundry room.

11 rooms currently occupied, each room achieving approx £400.00 - £475.00, mostly long term tenants.

Currently achieving £4500.00 pcm in total. This could be increased by bringing the rents up to the market rate.

Potential to add another income revenue annually with basement flat, some works done already, remaining work still be completed.- Plans need to be submitted and approved - plans already done (as shown in last picture -SUBJECT TO PLANNING)


Please note: new purchaser would need to re-apply to the local authority for the new HMO as standard practice.

Any questions please get in touch



900 years remaining on the lease and Ground rent £20 Per annum



** Viewings by appointment only**

Location

Property Enquiry Form