For sale: £130,000
Fantastic development opportunity for student accommodation with great annual returns.
3 Bedrooms (After Conversion, potential to add a 4th bedroom)
This property works ideally as a 3 bed and can be configured correctly for it to be successfully used as a HMO for student accommodation. However a 4th bed can be added in the future without the requirement to apply for the change of use with planning.
This house is a fantastic opportunity to get into the Salford market before the rules change making house prices skyrocket.
Fees that also apply: Conversion costs, stamp duty, design and build fee and legal fees.
3 or 4 bedroom (After Conversion)
Yield per annum: 18.3%
True Net Income annually: £8,425.60 rising to £12,620.80 when the 4th bed is added.
For more information or queries about this fantastic opportunity call either 07944991464 or 02075369996