4 Bed Terraced House For Sale

Wilfrid Street, Swinton

M27 6AN

£180,000

Added 04 Apr 2024

Property Details

Property Type

Terraced House

Bedrooms

4

Location

M27

Description

FOR SALE BY LIVE STREAM AUCTION ON TUESDAY 14TH MAY 2024 AT 12PM

*GUIDE PRICE £180,000+

ATTENTION LANDLORD INVESTORS!

A fantastic opportunity to purchase this recently renovated, fully let four bedroom HMO achieving an income of £1,733.33 per month, which produces an attractive yield of over 11% when based on the guide price. The property has a five-year lease (with a two-year break clause, and rent increases included) from January 2024 and is providing a much needed solution for people in need of accommodation through Ready 4 Homes CIC.
Internally accommodation comprises entrance hall, ground floor bedroom, communal area and shared kitchen, to the first floor are a further three bedrooms and shared shower room. Externally there are patios to the front & rear. The property is situated in a popular area offering easy access to shops and transport links.
Please note that the implementation of Article 4 legislation in Swinton is scheduled for November 2024. Hence, this prime location presents an excellent investment opportunity as the future of HMOs will be limited. It is anticipated that this restriction will positively influence HMO valuations.











Location

Map showing M27 6AN

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Auction House directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Auction House

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