Rostherne Street, Salford, Greater Manchester, M6
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
4
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- HMO License In Place
- 4 Bedrooms (2 single, 2 double)
- Fully Occupied
- Annual Income £25,200
- Popular Salford Location
- Working Professional Tenants
Description
Salford has fantastic road connections such as the A6, A580, M602 & M60 allowing easy access to anywhere in both Greater Manchester & and the north-west of England. Salford has several trains and Metrolink stations such as Salford Central, Salford Crescent, Eccles & Salford Quays allowing easy access to commuters.
Investment Information
Full Address: 11 Rostherne Street, Salford M6 5GU
Asking Price: £280,000
Number Of Bedrooms: 4
Rentals Information: Currently generating £2,100pcm ( £25,200 per annum)
Single Room: £500pcm
Single Room: £500pcm
Double Room: £550pcm
Double Room: £550pcm
HMO planning permission approved for the property. This was issued on the 24/11/2023
Expenses:
Gas (fixed): £32pcm
Electricity (fixed): £32pcm
Water (fixed): £30.76pcm
TV License: £13.25pcm
Internet (fast speed): £39.81pcm
Council Tax: £111pcm
Insurance appliances: £23.74pcm
Total: £282.56pcm (£3,390.72 per annum)
All the contracts have a fair usage clause. Any excess of usage above £8 per fuel per person is chargeable.
The water is charged on a fixed meter.
All Tenants self-clean the communal areas.
Net Income: £21,809.28
Gross Yield: 9.0%
Net Yield: 7.8%
Tenure: Freehold
Tenant Information: Majority of the tenants are working professionals. Occasionally a mature postgraduate student may be in place.
Pure Investor have a local HMO letting agent to provide a quotation for managing the property.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Rostherne Street, Salford, Greater Manchester, M6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Langworthy Tram Stop0.2 miles
- Weaste Tram Stop0.4 miles
- Broadway Tram Stop0.6 miles
About the agent
Pure, Manchester
125 Deansgate, Manchester, M3 2LH
Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.
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Visit our security centre to find out moreDisclaimer - Property reference 11-Rostherne-Street-Salford-M6. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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