About the HMO Investment
Being close to both the city of Manchester and Bolton this 5 bedroom HMO is a great investment for anyone looking for an asset that will be sure to increase your cash-flow. With a purchase price of £170,000, an annual income of £19,500 and a gross yield of 12.19% this opportunity is one not to be missed!
The property consists of 5 large double bedrooms a large shared kitchen along with a family sized bathroom with WC and shower upstairs and a WC and shower downstairs.
For the last 4 years this HMO has been successfully generating income and is sure to be a sought after place to live. The property is just a short walk from the centre of Leigh which has links to Manchester and Bolton, making city life accessible whilst not having to pay city prices, something that many tenants favour.
A management company is in place for this property, making it a complete armchair investment!
Want more information?
Please feel free to contact our team at CXG Invest for more information regarding this, or any other investment opportunity. You can call 01440 712 216 or click here.Register your interest
- 5 Bedroom HMO
- Sale Price: £170,000
- Annual Management Fees: 12%
- Rent PCM: £1,213.22
- NET Income: £14,558.68
- NET Yield (%): 8.56%
- Availability: Sold out