Hills says ..

Property Oracle says ..

This five-bedroom terraced property on Weaste Road, Salford, is marketed as a potential HMO (House in Multiple Occupation), currently generating a rental income of £3250 per month before bills. The property’s proximity to the Weaste tram stop provides easy access to Salford Quays, Media City, and Manchester city centre, making it an attractive location for renters. The property benefits from nearby good primary schools. The property itself appears to have undergone some level of modernisation or refurbishment in several rooms, showing modern fixtures and decor. However, at least one of the bathrooms exhibits signs of wear and tear, suggesting the property might benefit from some updating. Images suggest a relatively small footprint typical of terraced houses in this area with no garden. The absence of plot size data limits a complete evaluation of the property. The asking price of £325,000 should be considered within the context of other comparable properties on Weaste Road and the potential rental income. While it might not be considered a luxury property, given its rental potential, the value proposition may be attractive for investors focusing on rental yields rather than solely on capital appreciation. Further due diligence including a physical viewing, review of the council tax and insurance costs of running it as a HMO and a check on potential regulations and legal issues should be carried out before making a purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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