5 Bed HMO, Manchester, M35 0LB £265,000

Turner Avenue, Manchester, M35 0LB - 97 views - a year ago
HMO
ROI: 11%
~178 m²
Property image

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£19,200

Total Cash In

£85,450

 

 

Cash Out

 

Room Rate

£572

Gross Rent

£2,860

Running Costs/mo

£1,985

Cashflow/mo

£875

Cashflow/yr

£10,498

ROI

12%

Gross Yield

13%

Local Sold Prices

23 sold prices from £150K to £900K, average is £422K. £655/m² to £4.3K/m², average is £2.6K/m².

Price
Date
Distance
Address
Beds
 
£365K06/210.72 mi6, Windsor Road, Newton Heath, Manchester, Greater Manchester M40 1QQ5
£420K02/240.73 mi35, Boar Green Close, Manchester M40 3AW5
£420K02/240.73 mi35, Boar Green Close, Manchester M40 3AW5
£150K03/230.79 mi48, Berry Brow, Manchester, Greater Manchester M40 1GG5
£330K07/250.95 mi295, St Mary's Road, Manchester M40 0BF5
£365K01/250.96 mi13, Northfield Road, Manchester, Greater Manchester M40 3SZ5
£530K05/251.02 mi111, Medlock Road, Manchester M35 9NP5
£530K05/251.02 mi111, Medlock Road, Manchester M35 9NP5
£422K02/231.03 mi61, Northfield Road, Manchester M40 3RN5
£422K02/231.04 mi61, Northfield Road, Manchester, Greater Manchester M40 3RN5
£900K09/241.09 mi26, Green Meadow View, Manchester M35 9FG5
£900K09/241.09 mi26, Green Meadow View, Manchester M35 9FG5
£495K01/221.19 mi13, Hartshead Crescent, Failsworth, Manchester, Greater Manchester M35 9UD5
£450K01/241.22 mi34, New Oak Close, Manchester M35 9XD5
£300K10/221.35 mi98, Montgomery Street, Oldham, Greater Manchester OL8 3PS5
£425K08/241.55 mi26, Fox Park Road, Oldham OL8 3NB5
£390K08/211.58 mi67, Hinchley Road, Manchester, Greater Manchester M9 7FG5
£290K10/211.6 mi148, Greenside Lane, Droylsden, Manchester, Greater Manchester M43 7UT5
£412.5K07/221.6 mi11, Osprey Drive, Droylsden, Manchester, Greater Manchester M43 7TB5
£400K05/231.74 mi35, Peregrine Crescent, Droylsden, Manchester, Greater Manchester M43 7TA5
£570K06/211.85 miMorningside, Back Lane, Ashton-under-lyne, Greater Manchester OL7 9JZ5
£490K03/251.98 mi329, Sandy Lane, Manchester M43 7JU5
£520K09/241.99 mi15, Grove Street, Ashton-under-lyne OL7 9JU5

Property History

Price changed to £265,000

July 18, 2025

Price changed to £280,000

May 15, 2025

Listed for £295,000

December 18, 2024

Floor Plans

Property image

Description

  • Being Sold By GOTO Reservation Fee Process +
  • Buyer’S Fees Apply +
  • 5 Bedrooms +
  • Loft Conversion +
  • Extended +
  • HMO +
  • Off Road Parking +
  • Conservatory +

The Property
This spacious 5-bedroom HMO semi-detached property offers an excellent opportunity for investors seeking versatile living space. The ground floor features a convenient , along with an open-plan kitchen, dining, and living area, perfect for modern living and entertaining. Additionally, there are two well-proportioned bedrooms, a conservatory providing extra living space, and a utility room for added convenience. A shower room completes the downstairs layout.

The first floor includes two more comfortable bedrooms and a shower room. The loft conversion offers a further bedroom, ideal for extra privacy or guests.

Off-road parking is available to the side of the property, ensuring ease of access and parking. With ample living space spread across multiple levels, this property presents a fantastic opportunity for a range of buyers looking for a spacious, adaptable property

Material Information.
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Description
Being sold using the Reservation fee process. Reservation fee is a new, innovative and pioneering process for buying and selling property. It significantly reduces the risk of gazumping or double-selling by offering security to both parties by gaining a commitment from both parties to buy and sell. This property is offered for sale using the Reservation fee process. When an offer is accepted, the buyer will be required to pay a non-refundable Reservation fee of £4,536 including VAT (in addition to the final negotiated selling price), sign the Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Reservation fee team at GOTO Group. This will secure the transaction and the property will be taken off the market. The Buyer’s Premium and administration charge are in addition to the final negotiated selling price. Buyer's Administration Charge If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £396.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale. Buyer Fees • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Manchester

0161 524 9265

Next Steps?

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