Immediate yield with tenants in situ and scope to add value.
Five-bedroom HMO producing £21,600 gross per year
A five-bedroom semi-detached property in Failsworth currently operated as a licensed HMO and sold freehold. The house offers immediate rental income with a long-term tenant profile producing a reported gross annual income of £21,600, making it suitable for buy-to-let portfolios or developers seeking an income-generating asset. The layout includes a lounge, kitchen, and multiple bathrooms, plus private front and rear garden space and on-street parking.
The property sits in a densely populated urban suburb with good local amenities and fast broadband — factors that support strong rental demand. The building is mid-20th century in style with some contemporary interior finishes reported; however, the advertising material provides limited visual detail, so exact condition, room sizes and services should be verified by survey prior to purchase.
Buyers should note material considerations: the area records high deprivation scores and the property is in a hard-pressed neighbourhood, which may influence long-term capital growth and tenant mix. A buyer’s premium is stated as part of the sale process. This is a pragmatic opportunity for investors seeking immediate yield who are able to manage or refurbish a multi-occupancy asset to sustain or improve returns.
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