106 Dickenson Road

Pure Investor brings to the market this mid-terraced property which has been converted into 4 self-contained flats with their own postal address. Each apartment pays their own bills including council tax. Each apartment comes with a kitchen, bathroom & living room. The communal areas consist of entrance hallway and stairs. To the rear is a small yard and a brick outside storage area. The property comes with a full HMO licence and is currently managed by a local letting agent.

INVESTMENT INFORMATION

• Asking price: £330,000.00
• Current rental incomes:
• £500pcm
• £550pcm
• £650pcm
• £650pcm
• Overall rental income of £2,350 pm (£28,200 per annum)
• 4 separate self-contained apartments
• Freehold property
• 8.5% net rental income
• Fantastic location for an HMO/buy-to-let investment
• Possible need for refurbishment in some of the apartments but only minimal.
• Some of the tenants have been in situ long term and some more recent.  

106 Dickenson Road - Key Points

Location

Manchester, United Kingdom