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£330,000 Guide price Mortgage options

8 bedroom house for sale

Walker Street, Denton, Manchester

£330,000 Guide price Mortgage options

8 bedroom house for sale

Walker Street, Denton, Manchester

Description

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Property features

  • INVESTMENT DEAL
  • HMO FOR SALE
  • 7 BEDROOM HMO
  • + 1 BED FLAT
  • HIGH YIELD

Nearest stations

Denton (0.7mi.)
Guide Bridge (1.2mi.)
Hyde Central (1.3mi.)

Nearest schools

school icon  Russell Scott Primary School (0.2mi.)
Good
school icon  St Mary's RC Primary School (0.3mi.)
Outstanding
school icon  Denton Community College (0.4mi.)
Good

Property description

**FULLY LET 7 BED HMO** **+ 1 BED FLAT**

Nextoria are pleased to offer this Ready-made investment property consisting of one 7 bedroom HMO and one annex 1 bedroom flat. The property is licensed for 12 people so some rooms can have couples for higher rent. The property is fully rented with a mix of fixed and periodic term ASTs.

For More Info Contact Nextoria

See Below - Current gross average rent
£738.46 per week
£3,200.00 per month
£38,400.00 per annum

The property is held in a limited company. This may give the buyer a choice whether to purchase the company or the property privately. The buyer is advised to contact relevant professional to determine the best course of action for them. When purchasing the shares of a company, there will be a stamp duty at 0.5% against purchasing the property where stamp duty could be as much as 13%.

Purchasing a property in a limited company may save on tax over purchasing a property privately. Private individual owners pay income tax on GROSS income across all properties. Depending on their current tax bracket, this can increase the more rent they earn. Purchasing the property in a limited company limits the income tax to only 19% of NET profit of the company. Scheduled to drop to 18% in April 2020.

Management
The property is currently managed by an approved management company

The property is fully furnished with quality furniture, fixtures, fittings and all white goods. The property comes with CCTV and all the necessary certificates in place.

Reservation deposit non refundable fee: 1% Plus Vat - Once paid property will be taken off market. The fee will then be deducted of the payment due once sale is complete.

For More Information Contact Nextoria.

Property information from this agent

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 0161 506 9122

DISCLAIMER

Property reference 28622924. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nextoria - Manchester. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Call rate information

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Contact Nextoria - Manchester about 8 bedroom house for sale £330,000

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