Manchester, HMO – Potential 40% ROI £145,000

This recently renovated property is arranged over three floors and has the potential to be six bedrooms with five ensuite bathrooms and one with a separate shower room.  There is a spacious kitchen, large laundry, dining room and lounge.  There is also a good sized gravel area and patio to the rear and the property benefits from double glazing throughout and gas central heating.  Well located for access to Warrington town centre and transport links.

Purchase price: £145,000
Area: WA5
Property Type: Terraced
Tenant Profile: HMO
Expected Yield: 20-40%
Net Cash Flow: £1,178
Transport Links: Good - buses and train.