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Devonshire Street, Salford, M7

PROPERTY TYPE

End of Terrace

BEDROOMS

5

BATHROOMS

5

SIZE

1,453 sq ft

135 sq m

TENURE
Describes 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

  • Quote Ref: 841200 when calling
  • Current income of approximately £37,740 per annum
  • Five-bedroom licensed HMO
  • Good existing condition
  • Established Higher Broughton location

Description

An excellent opportunity to acquire a five-bedroom licensed HMO in the established and increasingly popular area of Higher Broughton, Salford.

The property is arranged over three floors and provides well-planned accommodation comprising five bedrooms, with three bedrooms benefiting from en-suite/shower facilities, together with a communal lounge, kitchen and additional bathroom/WC facilities.

The property is already income producing, with current annual income of approximately £37,740, making this an attractive proposition for landlords and investors seeking an established HMO investment.

The accommodation is presented in good existing condition and offers a practical layout designed around shared professional/occupier living, with communal space and individual bedroom accommodation spread across the three floors.

Location

Devonshire Street is situated in Higher Broughton, a well-established residential area of Salford, just north of Manchester city centre. The property benefits from convenient access to local shops, supermarkets and everyday amenities, while the wider Broughton area provides good public transport connections and straightforward access towards Manchester city centre.

The location also provides convenient access to the wider Salford and Manchester employment areas, making the property well positioned for the HMO rental market.

Investment Information

The property is being offered with the benefit of an existing HMO licence and established rental income. Full tenancy, licensing and property information is available to interested purchasers upon request.

Please note: Prospective purchasers should satisfy themselves as to all rental, licensing, tenancy, floor area and other property information prior to proceeding.
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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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Devonshire Street, Salford, M7

Approximate location

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Affordability

Monthly repayments£1,821
Property: £ 375,000
Deposit: £ 37,500
Interest rate: 5.04%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Keller Williams Plus, Covering Nationwide

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Keller Williams is the largest estate agency in the world based on agent count. There are over 180,000 agents across 40 countries, achieving 4,300 sales a day!

Keller Williams Plus is part of the global KW network and recently launched in the UK. Each of our agents operates their own business within the infrastructure of the KW family and benefit from the learnings and knowledge of achieving a sale every 20 seconds.

As a result, our agents are super incentivised as they earn the vast majority of the fee for themselves, which guarantees an ultra personal service at all times.

If you are looking to sell and want an agent to be pro-active, available and do everything possible to sell for the maximum price, backed up with the largest buyer network on the planet - it's Keller Williams.

Call us today to discuss why and how we can help you.

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Disclaimer - Property reference RX841200. 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 Keller Williams Plus, Covering Nationwide. 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.
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