Recently refurbished three-bedroom let close to university and quays with immediate income.
Ready-let HMO achieving £1,430 pcm inclusive of bills
This mid-terrace Victorian house has been recently refurbished and is offered as a ready-let HMO providing immediate rental income. The property currently achieves £1,430 pcm inclusive of bills, with three double bedrooms and a single bathroom across c.722 sq ft. Its freehold tenure and excellent mobile/broadband coverage suit student or professional lets.
The location sits within walking distance of the University of Salford and Salford Quays (around 30 minutes on foot), placing it well for rental demand. Construction is traditional solid brick (likely uninsulated walls) with double glazing and gas central heating via a boiler and radiators. Crime levels are very low and flood risk is none.
Buyers should note the property and plot are small, in a very deprived wider area and hampered neighbourhood locally; these factors influence long-term capital growth. Although newly refurbished internally, the walls are assumed uninsulated and the layout is compact, so future works or ongoing maintenance costs are possible. Council tax is very cheap, supporting net yield calculations.
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