£225,000

Hotel for sale

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Sold STC

Offers in region of

£225,000

(£1.00/sq. ft)

Hotel for sale

Grenville Terrace, Ashton-Under-Lyne OL6

From 1 - 225,000 sq. ft

Local area information

Property location

Nearby amenities

  • Egremont Primary School 0.2 miles
  • Liscard Primary School 0.4 miles
  • Seacombe Ferry Terminal 0.9 miles
  • Birkenhead Ferry Terminal 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Wallasey to find out more about the local area.

Features and description

  • HMO with 5 bedrooms
  • £2,525 rent pcm
  • Fitted Kitchen
  • Great Investment opportunity
  • Very well presented and managed
An excellent investment opportunity, 5 bedroom HMO set in a sought after location. The property comprises of Lounge, fitted kitchen, 5 bedrooms with three rooms having en suite shower rooms, 2 bathrooms.

The current tenancies are below:
Bedroom 1 – is an empty room used as storage
Bedroom 2 – Tenancy ends on 29th Feb 2024 – paying £411.67 per month
Bedroom 3 – Periodic tenancy – paying £433.33 per month
Bedroom 4 - Periodic tenancy – paying £455 per month
Bedroom 5 – Periodic tenancy – paying £433.33 per month

The 3x ensuite rooms could be reasonably increased to £525 and 2x standard rooms to £475 and still be below the market rental value.

The property is offered fully double glazed, gas central heating with combi boiler, fitted kitchen with appliances, fire alarm, smoke alarms, .

This is a great opportunity for a first time buyer or experienced property investor looking to increase their portfolio.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Greater Manchester
  4. Tameside
  5. Ashton-under-Lyne
  6. Grenville Terrace