Fern Grove, Bury
Offers Over£350,000
6 bedrooms
3 bathrooms
3 receptions
Property Features
- FULLY LICENCED HMO
- STONE BUILT PROPERTY
- CURRENT INCOME £34K pa GROSS
- ROOM TO EXTEND TO CREATE FURTHER ROOMS
- GAS HEATING
- UPVC DOUBLE GLAZING
- CURRENTLY SIX BEDROOMS (3 ENSUITE)
- AMPLE PARKING
- GARDEN AREAS
Property Summary
ATTENTION INVESTORS - HOUSE IN MULTIPLE OCCUPATION GENERTAING A GROSS INCOME OF £34,000 PER ANNUM.
A most unusual stone built semi detached property formerly part of the original 'Mill House' which we understand was split into 2 homes during the 1940s. Located approximately 1 mile from Bury town centre and within walking distance of Farifield Hospital, the property has been totally restored in recent years and now offers excellent investment potential currently generating £34,000 per annum, gross, from the rental of 6 rooms, 3 of which have ensuite facilities. The property has local authority approval and the necessary HMO certification. The property is situated on a good sized plot and there are plans available to potentially extend to create a further 4 bedrooms. The property would lend itself for a variety of uses from existing residential rental through to private medical care and children's day care.
A most unusual stone built semi detached property formerly part of the original 'Mill House' which we understand was split into 2 homes during the 1940s. Located approximately 1 mile from Bury town centre and within walking distance of Farifield Hospital, the property has been totally restored in recent years and now offers excellent investment potential currently generating £34,000 per annum, gross, from the rental of 6 rooms, 3 of which have ensuite facilities. The property has local authority approval and the necessary HMO certification. The property is situated on a good sized plot and there are plans available to potentially extend to create a further 4 bedrooms. The property would lend itself for a variety of uses from existing residential rental through to private medical care and children's day care.
Location
Map
Street View
Amenities
Floorplan
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BUY SAFELYAll statements contained in these particulars are for indicative purposes only and are made without responsibility on the part of Pearson Ferrier and the vendors of this property and are not to be relied on as statements or representations of fact. Potential purchasers should satisfy themselves by inspection or otherwise as to the accuracy of such details contained in these particulars.
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Owlerbarrow Road, Walshaw, Bury
6 bedrooms3 bathrooms2 receptionsProperty Features
- SUBSTANTIAL DETACHED FAMILY HOME
- EXQUISITE LOCATION WITH EXTENSIVE REAR GARDENS of around 2000 SQUARE METERS
- NOT OVERLOOKED TO THE REAR
- ADAPTABLE ACCOMMODATION
- GARAGE CONVERTED TO SEPARATE ONE BED ANNEX
- SOLD WITH THE BENEFIT OF PLANNING PERMISSION IN THE REAR GARDENS
- TRULY HUGE POTENTIAL
- FIVE (SIX WITH THE ANNEX) BEDROOMS
- FREEHOLD
Price Guide £995,000
