7 bedroom hmo

Memorial Road, Manchester M283AQ

Size: sqm

Purchase price

£599,995

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £55,120
Lettings fees £6,614
Net income £42,359
Gross yield 9.19%
Net yield 7.06%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY!

yieldit are pleased to present to this fantastic 7 bedroom HMO, located in the popular district of Greater Manchester, Walkden.

The property has recently been completely renovated and is in immaculate condition throughout. Each self-contained bedsit benefits from an en-suite shower room with walk-in shower as well as a small kitchen workspace (No integrated cooking facilities). There is a shared kitchen on each floor which also consists of laundry facilities and dining area. Each property offers it’s own unique layout and boasts a modern finish throughout.

This is an excellent investment opportunity for an investor to take advantage of a fully occupied HMO which has attracted young working professional tenants due to its excellent location and high standard of finish.

Surrounded by beautiful countryside and with Manchester within easy reach, Walkden in Salford has always been a popular location for buy-to-let investors. An ideal base for commuters, Walkden is roughly 25 minutes by car to Manchester or just 18 minutes on public transport. Because of its proximity to Manchester, it also means London is within easy reach ad you can be at Euston in just under 3 hours. The M61, M62, M60 and A580 are all minutes away, taking you to Liverpool, North Wales, the Lake District, Birmingham and beyond. Walked and the surrounding area are lush with greenery, golf clubs, gardens and country parks. For indoor activities, the Trafford Centre is 5 minutes down the M60 with loads of shops, restaurants and activities to satisfy a day out. Frequent public transport also makes Manchester and all its museums, art galleries, shops, bars, and restaurants easy to get to.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! 7 bedroom HMO in sought after location offering an immediate income

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

7 Bedroom HMO

Key features

Fully occupied

Key features

Recently fully renovated

Key features

Shared communal kitchens and dining areas

Key features

Shared laundry facilities

Key features

Sought after location

Key features

Includes 3 stunning duplex bedsits

Key features

High specification

Key features

Sold fully furnished

Key features

Freehold

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! 7 bedroom HMO in sought after location offering an immediate income More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY!

yieldit are pleased to present to this fantastic 7 bedroom HMO, located in the popular district of Greater Manchester, Walkden.

The property has recently been completely renovated and is in immaculate condition throughout. Each self-contained bedsit benefits from an en-suite shower room with walk-in shower as well as a small kitchen workspace (No integrated cooking facilities). There is a shared kitchen on each floor which also consists of laundry facilities and dining area. Each property offers it’s own unique layout and boasts a modern finish throughout.

This is an excellent investment opportunity for an investor to take advantage of a fully occupied HMO which has attracted young working professional tenants due to its excellent location and high standard of finish.

Surrounded by beautiful countryside and with Manchester within easy reach, Walkden in Salford has always been a popular location for buy-to-let investors. An ideal base for commuters, Walkden is roughly 25 minutes by car to Manchester or just 18 minutes on public transport. Because of its proximity to Manchester, it also means London is within easy reach ad you can be at Euston in just under 3 hours. The M61, M62, M60 and A580 are all minutes away, taking you to Liverpool, North Wales, the Lake District, Birmingham and beyond. Walked and the surrounding area are lush with greenery, golf clubs, gardens and country parks. For indoor activities, the Trafford Centre is 5 minutes down the M60 with loads of shops, restaurants and activities to satisfy a day out. Frequent public transport also makes Manchester and all its museums, art galleries, shops, bars, and restaurants easy to get to.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop 7 Bedroom HMO
    Tick Desktop Fully occupied
    Tick Desktop Recently fully renovated
    Tick Desktop Shared communal kitchens and dining areas
    Tick Desktop Shared laundry facilities
    Tick Desktop Sought after location
    Tick Desktop Includes 3 stunning duplex bedsits
    Tick Desktop High specification
    Tick Desktop Sold fully furnished
    Key features

    Freehold

  • 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 £55,120
Lettings fees £6,614
Net income £42,359
Gross yield 9.19%
Net yield 7.06%

*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.