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 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£260,000
4 bedroom Mid Terrace House for sale, Norfolk Street, Salford, Greater Manchester, M6
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Features and Description
- Prime Salford location.
- Currently achieving £2,624 per calendar month.
- Annual rental income of £31,488.
- Four generously sized double bedrooms.
- Recently refurbished throughout.
- Fully furnished accommodation.
- Excellent investment opportunity.
- Convenient access to local amenities, transport links and Manchester city centre.
ATTRACTIVE FOUR-BEDROOM HMO INVESTMENT OPPORTUNITY – PRIME SALFORD LOCATION
An excellent opportunity to acquire this recently refurbished, fully furnished four-bedroom HMO property, ideally situated in a prime Salford location. Offering an attractive combination of modern accommodation, generous bedroom sizes and an established rental income, this property presents an ideal investment opportunity for both experienced landlords and investors looking to expand their portfolio.
The property is currently achieving an impressive rental income of £2,624 per calendar month (£31,488 per annum), providing an established income stream from day one.
Recently refurbished throughout, the property has been finished to a modern standard, offering comfortable and contemporary living accommodation designed to appeal to today's rental market. The property is being sold fully furnished, allowing a prospective purchaser to benefit from a ready-to-let investment without the additional expense and inconvenience of furnishing the accommodation.
The property boasts four generously proportioned double bedrooms, each offering excellent space for tenants and making the accommodation particularly appealing to the professional sharer market. The layout has been arranged to maximise the available living space while providing comfortable individual accommodation for each occupant.
Situated in a prime Salford location, the property benefits from its position within an established and popular rental area, with convenient access to a range of local amenities, shops, transport links and surrounding employment hubs. Its location makes it an attractive option for tenants seeking well-presented shared accommodation with convenient access to the wider Salford and Manchester areas.
KEY INVESTMENT FEATURES
Four-bedroom HMO investment property.
Currently achieving £2,624 per calendar month in rental income.
Annual rental income of £31,488.
Four good-sized double bedrooms.
Recently refurbished throughout.
Fully furnished property.
Prime Salford location.
Modern and contemporary accommodation.
Attractive opportunity for landlords and property investors.
Established rental income from day one.
AN EXCELLENT INVESTMENT OPPORTUNITY
Combining a desirable Salford location, four spacious double bedrooms, recent refurbishment and an attractive existing rental income, this property represents an excellent opportunity for investors seeking a well-presented HMO with income already in place.
Early viewing is highly recommended to fully appreciate the standard of accommodation and the investment potential this property has to offer.
For further information or to arrange a viewing, please contact our sales team.
Lounge
3.41 x 3.83
Kitchen
2.37 x 4.12
Bedroom 1
2.07 x 4.62
Bedroom 2
2.14 x 3.62
Bedroom 3
2.76 x 2.86
Bedroom 4
3.36 x 3.68
Bathroom
2.37 x 2.41
AGENTS NOTES
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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.
Norfolk Street, Salford, Greater Manchester, M6
Additional Information
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Property refSAF260664
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EPCE
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TenureLeasehold
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Lease length867 years
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Council TaxA
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Local authoritySalford City Council
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Ground Rent£45
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Reeds Rains Estate Agents Salford
Reeds Rains Salford
167 Langworthy Road, Salford, M6 5PW
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
£
Borrowing £234,000 and repaying over 25 years with a 2.5% interest rate.
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Photos
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Floorplan
Map view
Street view
Lounge
3.41 x 3.83
Kitchen
2.37 x 4.12
Bedroom 1
2.07 x 4.62
Bedroom 2
2.14 x 3.62
Bedroom 3
2.76 x 2.86
Bedroom 4
3.36 x 3.68
Bathroom
2.37 x 2.41
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
50Potential
78CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs