A substantial six-bedroom student HMO in the heart of Fallowfield, offering an established rental income and an attractive investment opportunity within one of Manchester’s most recognised student residential locations.
Currently occupied by six students and generating £3,639.96 per calendar month (£43,679.52 per annum), the property produces a gross rental yield of approximately 9.01% based on the asking price of £485,000. An existing HMO licence is in place for six occupants.
Arranged over three floors, with an additional basement, this traditional red-brick property combines generous accommodation, period character and practical communal facilities, together with an enclosed rear courtyard.