1. Property photo 1 of 15 11 Parsons (1 Of 138)
  2. Property photo 2 of 15 11 Parsons (3 Of 138)
  3. Property photo 3 of 15 11 Parsons (8 Of 138)

Guide price

£370,000

(£168/sq. ft)

8 bed terraced house for sale
Parsons Lane, Bury, Lancashire BL9

    • 8 beds

    • 8 baths

    • 1 reception

    • 2,207 sq. ft

  • EPC Rating: C

  • Auction
  • Freehold

HMO X Ltd

Logo of HMO X Ltd

About this property

  • For sale by unconditional pre-auction sale before going live into our Feb 11th Catalogue

  • Freehold end-terrace house

  • 8 ensuite bedroom tenanted HMO

  • Communal open plan kitchen and cinema room on the lower ground floor

  • Fully renovated to a high standard throughout

  • Impressive gross yield of 16.6% on guide

  • Fully managed HMO in a prime location

  • Current rental income of £5,135 per month

  • Wheelchair accessible

A fully tenanted eight bedroom all ensuite HMO let to working professionals producing £61,620 per annum

For sale by unconditional pre-auction sale before going live into our Feb 11th Catalogue

Situated on the well-connected Parsons Lane in Bury, the property benefits from convenient access via the A56 and A58. Providing direct routes to Bury town centre, Fairfield General Hospital, and the University of Bolton. Set within a well-established residential area, it is close to a variety of local amenities including shops, schools, and parks.

Transport links are provided by both Bury Interchange (Metrolink) and Bolton Rail Station.

HMO Compliance

- HMO Licence
- Gas Safety Certificate
- Fire Alarm Test Certificate
- Fire Risk Assessment
- Fire Extinguisher Certificate
- eicr


Copies of these documents can be found within the legal pack

Planning

Planning granted through Bury Council, Ref: 64559 | (12-08-2019)

Planning granted for change of use to 2 no. 8 bed/person houses of multiple occupation (HMO) (Sui Generis) with new window openings

Auctioneer Notes

Internal Images - Buyers should note that the internal images have been provided by the seller. These pictures were taken prior to the property being tenanted. The auctioneers have not had the opportunity to the property prior to marketing the property for auction.

Legal Pack

A legal pack is a collaboration of important documents on the property that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit

Auction Information

To view the full auction information, click the Online Bidding button at the bottom of this advert or visit .

Addendum

Please note the following amendment to the published auction details for this property:

Rental income updated -
Rental increases on rooms 4 and 5.
The total gross rental income is now £61,620 per annum, reflecting the current tenancies in place.

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Property descriptions and related information displayed on this page are marketing materials provided by - HMO X Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact HMO X Ltd for full details and further information.