ROI = 0% BMV = 0%
Description

TO BE SOLD BY ONLINE AUCTION ON 5TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS446 MOSS LANE EAST, RUSHHOLME, M14 4PWAn outstanding investment opportunity, this fully licensed 10-bedroom HMO is fully tenanted and generating an impressive rental income of £6,320 per month (£75,840 per year).The ground floor features a welcoming hallway, a spacious lounge, an extended kitchen, one bedroom, 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 five generously sized bedrooms and two bathrooms, while the top floor comprises three bedrooms, each with its own ensuite bathroom, maximizing rental appeal.The property also benefits from a rear garden and a substantial plot of land at the back, offering the potential to be converted into parking for at least four cars—an attractive feature in this prime location.**VIRTUAL VIEWING AVAILABLE**This is a highly desirable investment in a sought-after student area, with excellent tenants each paying approximately £632 per month (totalling £6,320) 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 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.

Find out More
Property Details
  • Property ID: 158058668
  • Added On: 2025-02-11
  • Deal Type: For Sale
  • Property Price: £499,000
  • Bedrooms: 1
  • Bathrooms: 1.00
Amenities
  • TO BE SOLD BY ONLINE AUCTION
  • 10 BEDROOM FULLY TENANTED HMO
  • EXCELLENT RENTAL INCOME OF £75,000 PER YEAR
  • FULLY LICENSED
  • FURTHER DEVELOPMENT AND PLANNING POTENTIAL
  • 15% YIELD BASED OFF CURRENT GUIDE PRICE