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REF: 0402

Manchester, UK

SOLD

£240,000

Property Details

Investment Details

Property Description

Property Guru are delighted to offer this spacious property offered to investors subject to planning being granted to transform this commercial property into an 11-bed all en-suite HMO.


Property Guru have secured the property subject to planning being agreed for the outline proposal, and have begun the planning application process.


This large commercial property is well-located and we have already approached a registered housing provider to lease the whole building once conversion has been completed. The provider is well-known, trusted, and one we work with regularly. 


This quality HMO conversion will ensure an uplift in value for an impressive future refinance, or sale. With guaranteed rent and maintenance covered by the provider, this could be a fantastic addition to any portfolio. Property Guru are also in place to cover the day-to-day management should any issues/emergencies arise at the property whereby the landlord is responsible.


Property Guru have full build teams, project managers, and property managers in place to ensure the whole process runs smoothly for hands-off investors.


For more information on this incredible opportunity, do not hesitate to contact the Property Guru team today!

Property Type

Detached

Bedrooms

11

Bathrooms

11

Tenure

Freehold

EPC Rating

Sourcing Fee

£8,000

Contact Us

+44 (0)330 1336 189

Reservation Process

 

Interested in purchasing an investment property listed by Property Guru? Once you have viewed and done your due diligence on the property offered and decided you want to proceed with a purchase you will be asked to sign a 'Sourcing Agreement'. This agreement is in place to protect you as a buyer and Property Guru as a company. 

 

You will be asked to pay 50% of the 'Sourcing Fee' (deposit) upon offer acceptance on your chosen property and 50% upon exchange of contracts of the purchase. The 'Deposit' is refunded to you if the seller withdraws from the sale or if there are significant issues found on survey meaning you cannot proceed with the purchase due to it no longer being a viable investment. Full details are listed in the agreement and we are happy to provide a copy upon request before entering into any agreement.

 

Disclaimer

 

Property Guru is not a licensed investment advisor or estate agent and is not authorised by the Financial Conduct Authority to provide investment or financial advice.

 

Property Guru makes no representations and gives no warranties as to the accuracy of the information provided and potential investors should not rely on it but should take independent legal, financial or other professional advice before entering into any agreement.

 

For full terms and conditions please visit our Terms and Conditions page. Property Guru is a trading name of Simon Ellis Estates Limited (10844210).

Grosvenor House
3 Chapel Street
Congleton
CW12 4AB

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Property Guru are members of ICO

*Property Guru is not a licensed investment advisor or estate agent and is not authorised by the Financial Conduct Authority ​to provide investment or financial advice.

Property Guru makes no representations and gives no warranties as to the accuracy of the information provided and potential investors should not rely on it but should take independent legal, financial or other professional advice before entering into any agreement. For full terms and conditions please visit our terms and conditions page. Property Guru is a trading name

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