Six-Bedroom Licensed Hmo Investment Property

A fully licensed HMO investment opportunity comprising a spacious six-bedroom end terrace property, currently let in full and producing a gross annual rental income of approximately £46,000. The current landlord pays all utilities and bills, resulting in a net annual rental income of approximately £36,000 per annum. The property is in excellent internal condition with a large communal kitchen and rear courtyard garden. All six bedrooms feature their own private bathroom, comprising three en-suites and three rooms with individual bathrooms. Two of the bedrooms are particularly large and include their own seating areas. The accommodation comprises an entrance hall, bedrooms one and two, a bathroom, and a kitchen on the ground floor, with bedrooms three, four, five, six and two bathrooms on the first floor. Rooms are let inclusive of council tax, water, electricity, and standard broadband, with individual room rents ranging from £525 to £700 per calendar month. Fronting onto the corner of Lower Rawson Street and Darley Avenue in Farnworth, the property sits approximately 3 miles south of Bolton Town Centre. The immediate surrounding area is an established and popular residential location close to a variety of local amenities and strong tenant demand. This sale represents an excellent opportunity for a landlord to acquire a well-presented and high-yielding investment property.