8 Bed HMO, Manchester, M14 6RD £600,000

93 Egerton Road, Fallowfield, Manchester, M14 6RD - 8 views - a year ago
Sold STC
HMO
ROI: 6%
173 m²
Property image
Property image
Property image

ValuationOvervalued

Sold Prices£237.5K - £695K
Sold Prices/m²£2.2K/m² - £5.2K/m²

 

 

Square Metres

173 m²
Price/m²£3.5K/m²

Value Estimate

£508,168

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£51,200

Total Cash In

£201,200

 

 

Cash Out

 

Room Rate

£607

Gross Rent

£4,856

Running Costs/mo

£3,831

Cashflow/mo

£1,025

Cashflow/yr

£12,302

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £237.5K to £695K, average is £375K. £2.2K/m² to £5.2K/m², average is £3K/m².

Price
Date
Distance
Address
Beds
 
£250K08/230.09 mi4, Shippey Street, Manchester, Greater Manchester M14 6TR4
£565K06/230.11 mi31, Mauldeth Road, Manchester, Greater Manchester M20 4NF4
£337.5K02/250.11 mi7, Beech Grove, Manchester M14 6UY4
£337.5K02/250.11 mi7, Beech Grove, Manchester M14 6UY4
£337.5K02/250.11 mi7, Beech Grove, Manchester, Greater Manchester M14 6UY4
£567.5K08/240.17 mi19, Amherst Road, Manchester M14 6UR4
£390K05/250.17 mi17, Kingswood Road, Manchester M14 6RZ4
£390K05/250.17 mi17, Kingswood Road, Manchester M14 6RZ4
£237.5K10/230.17 mi14, Cedar Grove, Manchester, Greater Manchester M14 6YF4
£239.5K06/230.24 mi56, Talbot Road, Fallowfield, Manchester, Greater Manchester M14 6TB4
£318.5K11/240.27 mi2d, Egerton Road, Manchester M14 6XW4
£318.5K11/240.27 mi2d, Egerton Road, Manchester M14 6XW4
£605K10/230.28 mi5, Alan Road, Manchester, Greater Manchester M20 4NQ4
£280K07/240.3 mi2, Egerton Road, Manchester M14 6XW4
£280K07/240.3 mi2, Egerton Road, Manchester M14 6XW4
£675K04/230.33 mi22, Burlington Road, Manchester, Greater Manchester M20 4QA4
£695K05/230.33 mi28, Burlington Road, Manchester, Greater Manchester M20 4QA4
£575K05/230.38 mi19, Burlington Road, Manchester, Greater Manchester M20 4PY4
£349.9K06/210.39 mi73, Parrs Wood Road, Manchester, Greater Manchester M20 4SH4
£630.5K07/220.4 mi7, Nuneham Avenue, Manchester, Greater Manchester M20 4PZ4
£255K11/210.41 mi41, Braemar Road, Manchester, Greater Manchester M14 6PR4
£310K12/240.42 mi1, Astor Road, Manchester M19 2LY4
£300K10/230.42 mi20, Willow Bank, Manchester, Greater Manchester M14 6XT4
£370K02/240.45 mi48, Grangethorpe Drive, Manchester, Greater Manchester M19 2NE4
£410K08/230.48 mi126, Wellington Road, Fallowfield, Manchester, Greater Manchester M14 6AR4
£290K08/210.5 mi255, Mauldeth Road, Manchester, Greater Manchester M19 1AB4
£450K12/230.54 mi53, Victoria Road, Fallowfield, Manchester, Greater Manchester M14 6BW4
£605K02/250.55 mi23, Wilbraham Road, Manchester M14 6FG4
£605K02/250.55 mi23, Wilbraham Road, Manchester M14 6FG4
£375K03/250.56 mi23, Chervil Close, Manchester M14 7DP4
£375K03/250.56 mi23, Chervil Close, Manchester M14 7DP4
£279K05/210.57 mi29, Chervil Close, Manchester M14 7DP4
£279K05/210.57 mi29, Chervil Close, Manchester M14 7DP4
£279K05/210.58 mi29, Chervil Close, Manchester, Greater Manchester M14 7DP4
£250K04/250.59 mi4, The Forge Mews, Wilmslow Road, Manchester M20 4AW4
£250K04/250.59 mi4, The Forge Mews, Wilmslow Road, Manchester M20 4AW4
£477K06/230.59 mi5, Acorn Close, Manchester M19 2HS4
£477K06/230.59 mi5, Acorn Close, Manchester M19 2HS4
£322.5K09/210.6 mi98, Burnage Lane, Manchester, Greater Manchester M19 2NG4
£420K11/220.62 mi11, Hyde Fold Close, Manchester, Greater Manchester M19 1EB4
£420K11/220.62 mi11, Hyde Fold Close, Manchester M19 1EB4
£420K11/220.62 mi11, Hyde Fold Close, Manchester M19 1EB4
£375K09/230.62 mi90, Davenport Avenue, Manchester, Greater Manchester M20 3ET4
£475K03/250.63 mi1, Cotton Lane, Manchester M20 4GL4
£435K06/210.64 mi55, Wilbraham Road, Manchester M14 7DN4
£435K06/210.64 mi55, Wilbraham Road, Manchester M14 7DN4
£465K09/240.64 mi21, Burnage Hall Road, Manchester M19 2LD4
£465K09/240.64 mi21, Burnage Hall Road, Manchester M19 2LD4
£365K07/230.66 mi28, Cotton Lane, Manchester, Greater Manchester M20 4XT4
£390K03/240.71 mi56, Kingsway, Manchester M19 2DA4

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

1.96 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Price changed to £600,000

May 15, 2025

Price changed to £630,000

February 16, 2025

Listed for £650,000

June 14, 2024

Floor Plans

Property image

Description

*IMAGE TAKEN WHILST TENNATED* An attractive period mid terrace EIGHT BEDROOM HMO. Tenanted for the 25/26 academic year at £58,258PA. Located in a convenient and popular area just a short walk away from Wilmslow Road and the centre of Fallowfield with its selection of many bars, restaurants and Sainsbury’s supermarket. This well-planned accommodation consists of a spacious open plan lounge/kitchen, eight double bedrooms, four en-suite shower rooms and an additional three-piece shower room. Close by to great transport links, with bus routes providing easy-access to Manchester city centre and Universities.

Please note C4 Usage has been granted for the property.

To Sell Hmo (House In Multiple Occupation) Propert - To explore more about selling your HMO property, you can contact one of our expert team members. David is available for inquiries at or via direct email at .

Externally - To the front access you will find a gated entry and path leading to the doorway, also an entrance way to the cellar via lower ground floor level.
With its large garden at the rear, there is great potential to enjoy outdoor activities with lots of green space.

Financial Services - We believe that by introducing our clients to specialist advisors who provide simple, sensible, mortgage & protection advice we can help our clients make fully informed decisions giving them the confidence that they are getting the right deal from the start.

Our partners are committed to offering a tailor-made personal and professional service and aim to exceed expectations on every level, specialising in finding the best mortgage & protection products to suit your particular needs.

If you wish to take the opportunity to speak with our partner advisors at Bespoke Mortgage; Bridget and Mark can be reached on or

Aml - (Anti-Money Laundering). - We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.

Agent Details

JP & Brimelow, South Manchester

0161 524 5506

Next Steps?

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