10 Bed HMO, Manchester, M13 0XX, £750,000

Birchfields Road, Fallowfield, Manchester, M13 0XX - 1 views - 2 years ago

HMO

~310 m²

+16 photos

ValuationUndervalued

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£187,500£187,500
Stamp Duty & Legal Fees	£48,700£48,700
Total Cash In	£236,200£236,200

Cash Out
Room Rate	£375£375
Gross Rent	£3,750£3,750
Running Costs/mo	£4,273£4,273
Cashflow/mo	£-523£-523
Cashflow/yr	£-6,276£-6,276
Gross Yield	6%6%

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Property History

Listed for £750,000

April 26, 2023

Floor Plans

Description

10 Bedroomed HMO +
Gross annual income of £69,766.66 +
Fantastic Location +
Ideal for student lets +
Semi-detached +

Gross annual income of £77,241.67 - 01.07.2025 to 30.06.2026

Gross annual income of £74,750.00 - 01.07.2024 to 30.06.2025

Gross annual income of £69,766.66 - 01.07.2023 to 30.06.2024

Townhouse are pleased to offer this stunning 10 bed, semi-detached HMO . The property offers excellent transport for students into the Universities.

There are two large living rooms on the ground floor, both furnished with leather sofas, wood floors and flat screen TV's. The kitchen runs off the back of the second living room and is fitted with all modern appliances including a dishwasher, washer / dryer and American style fridge freezer.

All the bedrooms are doubles and furnished with double bed, wardrobe, desk with chair and a chest of drawers.

Please contact Townhouse to arrange a viewing or request any further information.

Agent Details

Townhouse, Manchester

0161 401 1788

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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