10 bedroom end of terrace house

TO BE SOLD BY ONLINE AUCTION + 10 BEDROOM FULLY TENANTED HMO + EXCELLENT RENTAL INCOME OF Ł68,000 PER YEAR + FULLY LICENSED + FURTHER DEVELOPMENT AND POTENTIAL + 14% YIELD BASED OFF CURRENT GUIDE PRICE + TO BE SOLD BY ONLINE AUCTION ON 5TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS 460 MOSS LANE EAST, RUSHHOLME, M14 4PW An outstanding investment opportunity, this fully licensed 10-bedroom HMO is fully tenanted and generating an impressive rental income of Ł5,720 per month (Ł68,840 per year). The ground floor features a welcoming hallway, a spacious lounge, an extended kitchen, two bedrooms and a bathroom. There is also a large cellar with significant potential for conversion into additional rooms, further enhancing the property’s value. On the first floor, there are four generously sized bedrooms, one bathroom and a separate toilet, while the top floor comprises four bedrooms, two of the bedrooms having their own ensuite, maximizing rental appeal. The property also benefits from a rear garden. VIRTUAL VIEWING AVAILBALE This is a highly desirable investment in a sought-after student area, with excellent tenants. The property is in excellent condition, fully compliant with all HMO regulations, and all necessary documentation is up to date and can be provided. Situated on the outskirts of Manchester City Centre, the property is just a five-minute walk from Oxford Road, home to universities, independent shops, restaurants, and bars. It is also a 12-minute walk to Hulme High Street Retail Park, which includes major retailers such as Asda Superstore and the Market Hall. This is a rare opportunity to acquire a high-yielding HMO in a prime location. Enquire today to avoid missing out. 440 AND 446 MOSS LANE EAST ARE BOTH RUNNING IN OUR 5TH MARCH AUCTION AND CAN POTENTIALLY BE SOLD TOGETHER.

Details

Bedrooms
10

Purchase Price £
499000

ROI %
15.00

Cashflow(PCM) £
1876