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10 Bed HMO, Manchester, M14 4PW £499,000

460 MOSS LANE EAST, RUSHHOLME, M14 4PW - 39 views - 10 months ago
  1. Deal Search
  2. Manchester
  3. M14
  4. M14 4PW
Sold STC
Auction
HMO
ROI: 15%
~310 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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  • More Deals in M14
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Property History

Listed for £499,000

February 11, 2025

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • 10 BEDROOM FULLY TENANTED HMO +
  • EXCELLENT RENTAL INCOME OF £68,000 PER YEAR +
  • FULLY LICENSED +
  • FURTHER DEVELOPMENT AND POTENTIAL +
  • 14% YIELD BASED OFF CURRENT GUIDE PRICE +

TO BE SOLD BY ONLINE AUCTION ON 5TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS 460 MOSS LANE EAST, RUSHHOLME, M14 4PW An outstanding investment opportunity, this fully licensed 10-bedroom HMO is fully tenanted and generating an impressive rental income of £5,720 per month (£68,840 per year). The ground floor features a welcoming hallway, a spacious lounge, an extended kitchen, two bedrooms 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 four generously sized bedrooms, one bathroom and a separate toilet, while the top floor comprises four bedrooms, two of the bedrooms having their own ensuite, maximizing rental appeal. The property also benefits from a rear garden. VIRTUAL VIEWING AVAILBALE This is a highly desirable investment in a sought-after student area, with excellent tenants. The property is in excellent 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. 440 AND 446 MOSS LANE EAST ARE BOTH RUNNING IN OUR 5TH MARCH AUCTION AND CAN POTENTIALLY BE SOLD TOGETHER.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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

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