24 Bedroom Detached for sale in Rochdale, OL12
Holland Street, Rochdale, OL12£590,000
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Full Details for 24 Bedroom Detached for sale in Rochdale, OL12 :
INVESTMENT OPPORTUNITY!
This 24 bed HMO is ideally situated in Rochdale town centre. This large property was refurbished in 2012 and is currently let to Serco providing a hassle free investment with a current yield of 8.7% with an income of £51,300.00 pa. If this property was rented direct to tenants the potential yield would be 19% based on an annual income of £112,000.00. (£90.00 per room per week). This property offers much potential either as it currently stands or with further development subject to planning consent.
The property briefly comprises 24 bedrooms, 7 large communal kitchen, 2 communal lounge areas, 6 communal shower rooms, 5 communal WC's and 1 office. To the side of the property is large secure terrace offering further potential. The property is available with a full contract from Serco (with 4 years remaining and a renewal suggested after this period). Alternatively the property is also available with vacant possession. Further information is available on request.
This 24 bed HMO is ideally situated in Rochdale town centre. This large property was refurbished in 2012 and is currently let to Serco providing a hassle free investment with a current yield of 8.7% with an income of £51,300.00 pa. If this property was rented direct to tenants the potential yield would be 19% based on an annual income of £112,000.00. (£90.00 per room per week). This property offers much potential either as it currently stands or with further development subject to planning consent.
The property briefly comprises 24 bedrooms, 7 large communal kitchen, 2 communal lounge areas, 6 communal shower rooms, 5 communal WC's and 1 office. To the side of the property is large secure terrace offering further potential. The property is available with a full contract from Serco (with 4 years remaining and a renewal suggested after this period). Alternatively the property is also available with vacant possession. Further information is available on request.
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