Offers over

£400,000

6 bedroom Mid Terrace House for sale, Lancashire, BL9

Walmersley Road

6
6
6

Offers over

£400,000

6 bedroom Mid Terrace House for sale, Lancashire, BL9

Walmersley Road

6
6
6
Tenure: Leasehold
  • Investment Opportunity
  • Six Bedsit / HMO Units (awaiting Licence)
  • Additional Scope In Basement
  • Refurbishment In Progress
  • Potential Gross Income Of 46000+
  • 11%+ Gross Yields
  • Currently Vacant
  • Awaiting EPC Rating

The pin shows the exact address of the property

A substantial dwelling that has been split in to six 'bedsit' style units each with individual kitchenet and en-suite shower room. With some further development there is additional accommodation in the basement and to the rear of the property. The current owner is confident of achieving 150 p/w per room on an inclusive rent basis. The property doesn't currently have HMO license however the work currently being undertaken by the vendor is being done in consultation with Bury Council to meet current standards. An excellent opportunity to purchase a high yielding property in prime location.

The property is set over 4 floors with some additional accommodation to the rear. The property is entered on the ground floor. The ground floor currently comprises, front room with kitchenette (bathroom to the first floor), middle room with kitchenette and en-suite shower room, and communal area to the rear. The first floor has two double en-suite bedrooms as does the third floor. The lower ground floor has further developed rooms and the current vendor advises this was tanked within the last 10 years. To the rear of the property there is a further apartment area comprising Lounge/Kitchen, Bedroom and shower room. Videos available upon request. Viewing Essential. Awaiting EPC.

IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

Find out how much Stamp Duty you might pay.

Stamp Duty Calculator
Calculate

You pay from 1st October 2021

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1st October 2021. For more information on Stamp Duty Land Tax, click here.

Mortgage repayment calculator
Calculate

Your payment (based on a repayment mortgage)

per month

Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.

Book an appointment

Embrace financial services

This calculator provides a guide to monthly payments and does not guarantee eligibility for a mortgage. Please contact our partners Embrace Financial Services for a personalised Mortgage Illustration.

Thinking of selling?

Find out how much your home is worth with a free valuation

Request free valuation