Walmersley Road, Bury

£265,000
Guide Price
For Sale
  • Front External
  • Rear Garden
  • Kitchen
  • Kitchen
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  • Front External
  • Rear Garden
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  • Kitchen
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  • Kitchen
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  • Ref: 9690240
  • Type: Terraced House
  • Availability: For Sale
  • Bedrooms: 5
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Freehold
  • Ref: 9690240
  • Type: Terraced House
  • Availability: For Sale
  • Bedrooms: 5
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Freehold

Property Features

  • Attention Landords/ Speculators
  • Ready Made Investment Oppourtunity
  • A Vacant, Furnished Licensed HMO
  • Five Bedrooms, 2 Bedrooms, Lounge
  • Fitted Kitchen Diner, Cellar, Parking
  • Hopefully Ready To Rent Quickly
  • Estimated Annual Income £33,000
  • Walking Distance To Bury Town Centre

Property Summary

Offered for sale via auction with a partner company BTG Eddisons is this significant building that extends to around 1,980 square feet / 184 square meters over three levels. We are advised that the property is a licensed five bedroom Home of Multi Occupancy (HMO) with Bury Council, though it has not yet been occupied. The five bedrooms are furnished, the fire alarm system is in place, there is a fitted kitchen / diner with appliances, and hopefully this property is ready to let quickly and start generating income for you. It is likely going to be of interest to landlords, and property speculators. As a rough guide, it is estimated that each room could rent for around £550 per month which could be a monthly income of £2,750 and an annual income of £33,000 (presuming prices achieved and full occupation). The accommodation on offer is well presented throughout, with quality carpeting, gas central heating, an alarm system, a fire alarm system, double glazing and briefly comprises: entrance vestibule, reception hallway, two furnished bedrooms to the ground floor, ground floor kitchen/diner complete with appliances including a dishwasher, first floor landing, two first floor furnished bedrooms and a three-piece bathroom suite, upper floor landing, shower room suite, fifth furnished bedroom, and an upper floor communal lounge. The property benefits from CCTV inside and outside as well as benefitting from a serviced Fire Alarm every 6 months. Externally there are easy maintenance gardens, and vehicle door to the rear which creates private off road parking. As you would expect with an auction property, the property is sold with no further upward chain delay. This really is a superb and ready made investment opportunity, in the first instance a walkthrough viewing video is available to watch, then a viewing appointment can be arranged by calling Cardwells Estate Agents Bury on 01617611215, emailing [email protected] or visiting www.cardwells.co.uk

Full Details

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