Summary - 2 ST GEORGES STREET STALYBRIDGE SK15 1BD
4 bed 1 bath House of Multiple Occupation
**Standout Features:**
- Newly renovated Victorian terraced property
- Freehold 4-bedroom House of Multiple Occupation (HMO)
- Guaranteed annual rental income of £16,640 (7% yield)
- 10-year lease providing stability
- Excellent location near Manchester city centre (32 minutes)
- Very low crime rate in the area
- Fast broadband and excellent mobile signal
- Maintenance and management fees covered
**Concerns:**
- 10 years left on the lease may hinder mortgage options
- Located in an area with high deprivation
Discover this newly renovated 4-bedroom Victorian terraced house, ideally positioned in Stalybridge, just a short commute from Manchester city centre. This property promises an attractive rental yield of 7% with guaranteed annual income, making it an ideal investment for those seeking stable and hassle-free returns. With all utility and council tax costs covered, you can enjoy peace of mind as your investment works for you effortlessly.
Located in a very low-crime area, this HMO boasts proximity to essential amenities, schools rated "Good" by Ofsted, and offers fast broadband and excellent mobile reception. While the property is freehold, it's essential to note that the remaining 10-year lease may pose mortgage lending challenges. However, the area's market has shown a remarkable 27% price increase over the past three years, hinting at future growth potential.
This property is perfect for investors aiming for immediate rental income, so don’t miss out on this exceptional opportunity—seize it now while it lasts!
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