- Fully Licensed HMO +
- Annual Rental Income of £42,624 +
- Gross Yield of 12.18% +
- Currently Fully Let +
- Split Across 3 Well-Configured Floors +
- Prime Location in Failsworth - Excellent Transport Links to Manchester City Centre +
Key Features
* Fully Licensed HMO (House in Multiple Occupation)
* 6 Spacious Double Bedrooms - All with Private Ensuites
* Communal Kitchen & Dining Area
* Split Across 3 Well-Configured Floors
* Broadband Included
* Prime Location in Failsworth - Excellent Transport Links to Manchester City Centre
* Professionally Managed and Fully Tenanted - Ready-to-go Investment
Tenancy Details - Strong & Consistent Rental Income
Each of the 6 rooms is currently tenanted, generating reliable income:
Room 6 £585Total Monthly Rental Income: £3,552
Total Annual Rental Income: £42,624
Outgoings (Approximate Monthly Running Costs)
Expense Monthly Cost
Broadband £30
Gas, Electric, Water £450
Council Tax £150
Cleaning £60
Total Monthly Outgoings: £690
Total Annual Outgoings: £8,280
Yield Calculations
Net Income (after outgoings):
£3,552 - £690 = £2,862/month
Net Annual Income: £2,862 × 12 = £34,344
Gross Yield: 12.18%
Net Yield: 9.81%
Location & Connectivity
Situated in the heart of Failsworth, 4 Kershaw Road benefits from:
* Excellent local amenities
* Easy access to tram and bus links into Manchester city centre
* Nearby shops, supermarkets, and leisure facilities
* Popular with professionals and students alike
Summary
This is a high-yielding, turnkey HMO investment in a well-connected part of Greater Manchester. With full occupancy, a valid HMO licence, and minimal ongoing management required, this property presents a fantastic opportunity for new or seasoned investors alike.