7 Bed HMO, Manchester, M14 6PB, £580,000
Moseley Road, Fallowfield, Manchester, M14 6PB - 7 views - 5 months ago
HMO
Planning
ROI: 3%
~217 m²





+2 photos
ValuationUndervalued
Sold Prices | £175K - £1.7M |
Sold Prices/m² | £968/m² - £4.6K/m² |
| |
Square Metres | ~217 m² |
Price/m² | £2.7K/m² |
Value Estimate | £665,099 |
BMV | 12% |
Investment Opportunity
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £145,000 |
Stamp Duty & Legal Fees | £36,300 |
Total Cash In | £181,300 |
| |
Cash Out | |
Room Rate | £568 |
Gross Rent | £3,976 |
Running Costs/mo | £3,483 |
Cashflow/mo | £493 |
Cashflow/yr | £5,910 |
ROI | 3% |
Gross Yield | 8% |
Local Sold Prices
7 sold prices from £175K to £1.7M, average is £1.0M. £968/m² to £4.6K/m², average is £3.1K/m².
Local Area Statistics
Population in M14 | 52,853 |
Population in Manchester | 920,095 |
Town centre distance | 1.99 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.54 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | -42% |
Sales demand | Seller's market |
Capital growth (5yrs) | +49% |
Property History
Price changed to £580,000
March 12, 2025
Listed for £595,000
October 15, 2024
Sold for £44,000
1997
Floor Plans

Description
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