8 bedroom hmo

Mellalieu Street, Middleton, Manchester, M24 5DN

Size: 164 sqm

Purchase price

£549,950

Size: 164 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £46,560
Lettings fees £4,470
Net income £34,890
Gross yield 8.47%
Net yield 6.34%

EARN AN INSTANT 6.3% NET YIELD ON THIS TENANTED INVESTMENT OPPORTUNITY - This Eight Bedroom HMO Is On The Outskirts Of Manchester City Centre - Offering A Fantastic Return Enquire Early To Avoid Disappointment!


This fantastic eight bedroom mid terrace HMO compromises of entrance hallway; large bedroom with en suite and kitchenette; second large bedroom with en suite and kitchenette; fully fitted communal kitchen and dining area; third bedroom with en suite and kitchenette; spacious stairway to first floor; fourth bedroom with en suite and kitchenette; fifth bedroom with en suite and kitchenette; sixth bedroom with en suite and kitchenette; spacious stairway to second floor; seventh bedroom with en suite and kitchenette; eighth bedroom with en suite and kitchenette; communal yard to the rear.

The city’s population continues to grow at an incredible pace, benefiting from the rise of people leaving London for a more affordable lifestyle. Today, Manchester is considered as the UK’s top rental hotspot with house prices increasing at a rapid pace. Buy to let properties in Manchester are in huge demand, and have some of the highest occupancy rates in the UK.

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

Earn Instant Income of 6.3% NET Yield

Key features

Tenanted Investment Opportunity

Key features

Eight Self Contained Bedrooms

Key features

Each Room Has Their Own En Suite & Kitchenette

Key features

Double Glazed

Key features

Great Transport Links

Key features

Communal Fully Fitted Kitchen

Key features

Communal Rear Yard

EARN AN INSTANT 6.3% NET YIELD ON THIS TENANTED INVESTMENT OPPORTUNITY - This Eight Bedroom HMO Is On The Outskirts Of Manchester City Centre - Offering A Fantastic Return Enquire Early To Avoid Disappointment! More info...

This fantastic eight bedroom mid terrace HMO compromises of entrance hallway; large bedroom with en suite and kitchenette; second large bedroom with en suite and kitchenette; fully fitted communal kitchen and dining area; third bedroom with en suite and kitchenette; spacious stairway to first floor; fourth bedroom with en suite and kitchenette; fifth bedroom with en suite and kitchenette; sixth bedroom with en suite and kitchenette; spacious stairway to second floor; seventh bedroom with en suite and kitchenette; eighth bedroom with en suite and kitchenette; communal yard to the rear.

The city’s population continues to grow at an incredible pace, benefiting from the rise of people leaving London for a more affordable lifestyle. Today, Manchester is considered as the UK’s top rental hotspot with house prices increasing at a rapid pace. Buy to let properties in Manchester are in huge demand, and have some of the highest occupancy rates in the UK.

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 Earn Instant Income of 6.3% NET Yield
    Tick Desktop Tenanted Investment Opportunity
    Tick Desktop Eight Self Contained Bedrooms
    Tick Desktop Each Room Has Their Own En Suite & Kitchenette
    Tick Desktop Double Glazed
    Tick Desktop Great Transport Links
    Tick Desktop Communal Fully Fitted Kitchen
    Tick Desktop Communal Rear Yard
  • LocationLocation
  • EPCEPC

*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 8.47%
Net yield 6.34%

*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.