Mellalieu Street, Middleton, Manchester, M24 5DN
Size: 164 sqm
Purchase price
£525,000
Size: 164 sqm
Tenanted
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
Substantial 8 Bedroom HMO
Currently Generating an Annual Income of £46,560
Each Room Has Their Own En Suite & Kitchenette
Communal Fully Fitted Kitchen
Walking Distance to Middleton Town Centre
Great Transport Links
Close to North Manchester General Hospital
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... Less 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.
*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.
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.
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yieldit is a trading name of Knight Knox Ltd, a company registered in England and Wales. Registered number: 5236745.
© 2019 yieldit | Privacy Policy | Terms & Conditions
yieldit is a trading name of Knight Knox Ltd, a company registered in England and Wales. Registered number: 5236745.