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8 bedroom hmo

Mellalieu Street, Middleton, Manchester, M24 5DN

Size: 164 sqm

Purchase price

£525,000

Size: 164 sqm

SQM

Tenanted

Tenanted
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Finance breakdown
Financial performance*
Gross rent £46,560
Lettings fees £4,470
Net income £34,890
Gross yield 8.87%
Net yield 6.65%

ATTENTION INVESTORS - CIRCA 9% ROI ON THIS SUBSTANTIAL 8 BEDROOM HMO! EARN AN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY


This fantastic eight bedroom mid terrace HMO, over 4 levels, compromises of;

Basement:

Ground Floor: Entrance hallway, three large ensuite bedrooms with kitchenette and a fully fitted communal kitchen with dining area. Stairs.

First Floor; three spacious ensuite bedrooms with kitchenette. Stairs.

Second Floor; two spacious ensuite bedrooms with Velux windows. Each fitted with their own kitchenette.

Communal yard to the rear.

This excellent investment opportunity is located in Middleton, the outskirts of Manchester City Centre. Only a 7 minute walk to Middleton centre, with great transport links to Manchester City Centre.

Interested in this property? Enquire today for more information

Key features

Key features

Substantial 8 Bedroom HMO

Key features

Currently Generating an Annual Income of £46,560

Key features

Each Room Has Their Own En Suite & Kitchenette

Key features

Communal Fully Fitted Kitchen

Key features

Walking Distance to Middleton Town Centre

Key features

Great Transport Links

Key features

Close to North Manchester General Hospital

Key features

Communal Rear Yard

ATTENTION INVESTORS - CIRCA 9% ROI ON THIS SUBSTANTIAL 8 BEDROOM HMO! EARN AN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY More info...

This fantastic eight bedroom mid terrace HMO, over 4 levels, compromises of;

Basement:

Ground Floor: Entrance hallway, three large ensuite bedrooms with kitchenette and a fully fitted communal kitchen with dining area. Stairs.

First Floor; three spacious ensuite bedrooms with kitchenette. Stairs.

Second Floor; two spacious ensuite bedrooms with Velux windows. Each fitted with their own kitchenette.

Communal yard to the rear.

This excellent investment opportunity is located in Middleton, the outskirts of Manchester City Centre. Only a 7 minute walk to Middleton centre, with great transport links to Manchester City Centre.

  • Key features
    Tick Desktop Substantial 8 Bedroom HMO
    Tick Desktop Currently Generating an Annual Income of £46,560
    Tick Desktop Each Room Has Their Own En Suite & Kitchenette
    Tick Desktop Communal Fully Fitted Kitchen
    Tick Desktop Walking Distance to Middleton Town Centre
    Tick Desktop Great Transport Links
    Tick Desktop Close to North Manchester General Hospital
    Tick Desktop Communal Rear Yard
  • LocationLocation
  • EPCEPC
    EPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £46,560
Lettings fees £4,470
Net income £34,890
Gross yield 8.87%
Net yield 6.65%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.