Bury Road, Bury
- PROPERTY TYPE
House
- BEDROOMS
2
- BATHROOMS
1
- SIZE
1,045 sq ft
97 sq m
- 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
- Three-bedroom house share currently configured for investment use.
- Two tenants in situ, providing an immediate rental income of approximately £850 pcm.
- Potential income of circa £1,500 pcm, subject to required improvements
- Upgrade works recommended
- Excellent value-add opportunity for an investor looking to increase rental income and capital performance.
- Offers invited – an ideal opportunity to acquire an income-producing property with further potential.
Description
Mistoria Estate Agents are pleased to offer for sale this three-bedroom property on Bury Road, Bury, currently configured and operated as a house share, with two tenants currently in situ.
The property is currently producing an income of approximately £850 per calendar month, with the potential, subject to the necessary improvements, compliance requirements, to generate an estimated £1,500 per calendar month.
The property represents an opportunity for an investor to acquire an existing income-producing asset with scope to increase rental income and improve its overall investment performance.
Some initial upgrades and improvements are recommended to the property . Buyers should make their own enquiries with the relevant local authority regarding licensing requirements and should satisfy themselves as to the works required and associated costs.
Key Investment Features
Three-bedroom property
Currently configured as a house share
Two tenants currently in situ
Current income: £850pcm
Potential income: approximately £1,500pcm, subject to licensing and improvements
Opportunity to enhance rental income
Initial improvement works required
Established residential location
Offers invited
This is an opportunity suited to an investor looking for a property with existing rental income and the potential to increase returns through targeted improvements.
Viewings are recommended. Offers invited.
Full Description - Located on Bury road in Tottington, this double room has shared facilities with 3 other tenants, there is a communal kitchen area with a utility room just of the kitchen. The room is located on the first floor and has a double bed, wardrobe dressing table and tv. all bills are included which includes wi-fi. This is an ideal opportunity for someone who wants to share a house with others on an all inclusive basis. Call today to arrange a viewing.
Brochures
Bury Road, BuryBrochure- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 35044219. 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 Mistoria Estate Agents, Northwest. 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.
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