10 bedroom terraced house

TO BE SOLD BY ONLINE AUCTION + 10 BEDROOM FULLY TENANTED HMO + 14% YIELD BASED OFF THE CURRENT GUIDE PRICE + PRIME LOCATION + FULLY LICENSED + EXCELLENT INVESTEMENT OPPORTUNITY + TO BE SOLD BY ONLINE AUCTION ON 5TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS 340 GREAT WESTERN STREET, RUSHOLME, M14 4DS An outstanding investment opportunity, this fully licensed 10-bedroom HMO is fully tenanted and generating an impressive rental income of £4,950 per month (£59,400 per year). The ground floor comprises a large hallway, two bedrooms, a W/C with laundry facilities and a large extended open plan modern kitchen/living area. On the first floor, there are four bedrooms, a bathroom and another shower room with a double sink, while the top floor comprises a further four bedrooms and shower room. VIRTUAL VIEWING AVAILABLE This is a highly desirable investment in a sought-after student area, with excellent tenants. The property is in great 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 15-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. For further information regarding the HMO status of the property please visit Manchester City Council website with the below details: planning reference:142101/LE/2025 HMO reference. MAN-

Details

Bedrooms
10

Purchase Price £
399000

ROI %
16.00

Cashflow(PCM) £
1619