Hotel/guest house for sale in Grenville Terrace, Ashton-Under-Lyne OL6

Offers in region of £225,000 (£225,000/sq. ft)
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Hotel/guest house for sale

From 1 - 225,000 sq. ft*

Property features

  • HMO with 5 bedrooms
  • £2,525 rent pcm
  • Fitted Kitchen
  • Great Investment opportunity
  • Very well presented and managed

Property description

An excellent investment opportunity, 5 bedroom HMO set in a sought after location. The property comprises of Lounge, fitted kitchen, 5 bedrooms with three rooms having en suite shower rooms, 2 bathrooms.

The current tenancies are below:
Bedroom 1 – is an empty room used as storage
Bedroom 2 – Tenancy ends on 29th Feb 2024 – paying £411.67 per month
Bedroom 3 – Periodic tenancy – paying £433.33 per month
Bedroom 4 - Periodic tenancy – paying £455 per month
Bedroom 5 – Periodic tenancy – paying £433.33 per month

The 3x ensuite rooms could be reasonably increased to £525 and 2x standard rooms to £475 and still be below the market rental value.

The property is offered fully double glazed, gas central heating with combi boiler, fitted kitchen with appliances, fire alarm, smoke alarms, .

This is a great opportunity for a first time buyer or experienced property investor looking to increase their portfolio.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
theproperty4u, L1 on +44 151 382 4047 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by theproperty4u, and do not constitute property particulars. Please contact theproperty4u for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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