Fully Tenanted HMO near Salford (Price Reduced to 160k)


Location: Manchester BMV Property

HMO conversion

Current Value: £185,000

Available To You For: £160,000





BMV Investment Details

Type Beds Value Purchase Price Instant Equity Tenanted Mortgage (month) Rental (month)
Terraced 5 £185,000 £160,000 £ 25,000 £336 £1690

About this BMV property

This is a purpose built 5 bed HMO conversion which was recently fully renovated prior to the new tenants moving in. The current gross rent on this property is 20,280pa. We have had a RiCS survey done in June 2015, valued at 185,000.


THE PROPERTY IS FULLY TENANTED AND MANAGED SO WOULD SUIT A REMOTE INVESTOR WHO'S LOOKING FOR A HIGH YIELDING HANDS OFF INVESTMENT


The property consists of 3 double rooms and 2 single rooms and is in a great location with access to all major nearby locations.


A 70% ltv mortgage is available for this property


This property is located in Manchester.



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