15 bed block of flats for sale

Stamford Street Central, Ashton-Under-Lyne OL6

This premium residential sale offers a well-maintained 15-bedroom HMO, strategically located on Stamford Street Central. The property is a fully operational HMO with 13 en-suite bathrooms and two off-suite bathrooms. Designed for convenience, it features two communal kitchens and spacious living areas for tenants. Additionally, three commercial units on the ground floor offer further income potential.

The property boasts a projected rental income exceeding £130k per annum, with room for further growth. Situated in the centre of Ashton-under-Lyne, it's ideally placed for accessing local amenities and transport links. The nearby Metrolink Tram provides easy access to Manchester City Centre, making it attractive to both tenants and commercial clients.

The property offers an impressive ROI of 11.8%, making it an attractive proposition for investors seeking stable returns. Its EPC rating of C indicates good energy efficiency, enhancing its appeal with lower energy bills for the landlord.

Located in an area known for its vibrant community and excellent transport links, this building represents a rare investment opportunity. The potential to increase rental income adds further potential to this already compelling investment opportunity. Act now to secure this prime investment property and benefit from an immediate rental income.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information