### Key Features
- Fully Licensed HMO (House in Multiple Occupation)
- Annual Rental Income: £42,624
- Gross Yield: 12.18%
- Currently Fully Let with 6 Spacious Double Bedrooms, each with Private Ensuites
- Communal Kitchen & Dining Area
- Prime Location: Failsworth with excellent transport links to Manchester City Centre
- Strong rental demand from professionals and students
- Garden and some limited outdoor space
- Leasehold tenure
- Chain-free status with planning for HMO renewal in progress
This incredible Victorian terraced house in Failsworth is a prime investment opportunity, boasting a remarkable gross yield of 12.18%. Spanning three well-configured floors, this fully licensed HMO features six spacious double bedrooms, all equipped with private ensuites, making it ideal for professionals or students seeking comfort and convenience. With easy access to transport links into Manchester city center and a vibrant local community, the property is currently fully tenanted and professionally managed, generating an impressive annual rental income of £42,624.
Although the HMO license needs renewing, the house is chain-free and ready for immediate occupation, positioning it as a lucrative investment for both new and seasoned buyers. The potential for future renovations, coupled with strong local amenities and a low-crime neighborhood, adds significant value. Don’t miss this chance to own a property that marries comfort, security, and strong financial returns in a thriving area—opportunities like this are rare!