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Somerset Road, Bolton
£340,000 Freehold

5    2    1

Property Description

  • 5 BEDROOM LICENSED HMO
  • CURRENTLY FULLY OCCUPIED
  • GENERATING £25,740 PER ANUM GROSS RENTAL INCOME
  • FULLY MANAGED BY HARRISONS
  • HMO Licence expires – 20th April 2025
  • HMO Compliant Fire Alarm
  • IDEAL INVESTMENT
  • CALL TODAY AND ORGANISE YOUR VIEWING

Welcome to Somerset Road HMO, this fully tenanted property is now coming to market. An excellent investment with strong capital growth, strong rental demand, this is not an investment to be missed.....

Room 1 - £425
Room 2 - £450
Room 3 - £425
Room 4 - £420
Room 5 - £450

Fully Managed Fees - 12% inc VAT
Let Fees - 1 Months Rent Inc VAT

EPC: C
COUNCIL TAX: C
TENURE: FREEHOLD

PROPERTY LOCATION:
Bolton School (0.1 MILES)
Queens Park (0.7 MILES)
Bolton Town Centre (1.5 MILES)
Bolton Train Station (1.6 MILES)
Morrisons (0.4 MILES)

PROPERTY DETAILS:
GENERATING £25,740 PER ANUM GROSS RENTAL INCOME
5 BEDROOMS
2 BATHROOMS
FULLY LICENSED
FULL PROPERTY MANAGEMENT
FULL FIRE ALARM SYSTEM
WIFI

HARRISONS EXPERIENCE THE DIFFERENCE
BOOK A VIEWING ONLINE / TELEPHONE / WHATSAPP
FLEXIBLE VIEWING APPOINTMENTS AVAILABLE
OPEN 6 DAYS A WEEK
CONTACT OUR BRANCH FOR MORE DETAILS

Front Garden:
Lawned front garden with hedges.

Entrance Porch: 1.68m x 1.84m
Tiled flooring, cupboard and worktop units with shelving inside, gas meter.

Entrance Hallway: 5.13m x 1.8m
Beech laminate flooring, ceiling spotlight, emergency lighting, wired smoke alarm, double panel radiator.

Lounge: 6.06m x 3.93m
Beech laminate flooring, x2 two seater sofa's, coffee table, dining table with 4 chairs. Double panel radiator. Roller blinds on the front bay window, pendant light. Chrome lamp.

Kitchen: 3.54m x 4.1m
Double fitted high gloss grey kitchen with laminate tiled affect flooring. Stainless steel sink, with chrome mix tap. Frosted double glazed unit with 2 openers. Ceilings spotlights. Splash back tiles in cream. Homark dish washer, double oven, 5 ring gas burner, stainless steel splash back, stainless steel extractor. Wine rack. x2 large fridges and freezers.

Hallway: 1.39m x 3.93m

Bedroom 1: 5.67m x 3.99m
Large double bedroom, double panel radiator, feature fireplace, roller blind on the bay window, beech laminate flooring, wardrobes, side board, double bedroom and 2 side cabinets. Pendant light.

Utility Room: 1.96m x 2.64m
Boiler in the Utility Room.

Downstairs Shower Room: 2.47m x 2.46m
Solid wood flooring, sink pedestal, white tiled walls, fitted storage and shelving, x2 chrome heated towel radiator. x2 Frosted double glazed unit with opener, pendant light. Large double tiled shower with chrome power shower and glass shower screen.

Storage Cupboard: 1.0m x 1.31m

Landing: 5.0m x 2.09m
Carpet on the staircase leading you to the landing. Double glazed fixed unit to the rear. Carpet flooring, single panel radiator, ceiling spotlights, emergency lighting and smoke alarm.

Bedroom 2: 4.15m x 2.99m
Wood laminate flooring, double glazed fire escape opener, ceiling LED spotlights. Single panel radiator.

Bedroom 3: 5.53m x 3.8m
Ceiling spotlights, double glazed bay window with sitting area, single panel radiator.

Bedroom 4: 5.6m x 3.52m
Large bedroom, single panel radiator, double glazed bay window with roller blinds, ceiling pendant light with fan. Beech laminate flooring, double bedroom, side boards.

Bedroom 5: 3.82m x 2.95m
Double bedroom, carpet flooring, fitted wardrobes and shelving, double glazed fire escape opener to the rear, LED ceiling spotlights.

Bathroom: 3.2m x 1.8m
Modern bathroom, bath with glass shower screen, rain water shower head, heated towel rail. Fixed wall mirror. High glass fitted cupboards with shelving. White bidet with mixer tap, white WC, white sink with cupboard, Fully tiled walls and flooring. LED recess spotlights.

AML Disclaimer
Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.

Agents Note
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

POTENTIAL PURCHASERS:
Fixtures and fittings other than those mentioned are to be agreed with the seller.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Credas, which Harrisons Lettings and Management Ltd will send your AML check. There is a nominal charge of £30 including VAT for this (per person), payable direct to Harrisons Lettings and Management Ltd. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

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Rooms

Somerset Road
Bolton BL1 4NE
Sale Type: For Sale
Ref #: 323397
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