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The Property Advantage are specialist HMO sales brokers working nationally to match quality HMOs with active investors in the UK and overseas and are the industry leaders in professional HMO sales - focusing on full transparency of property information, exclusivity of instruction, and delivering well-prepared HMOs to the market. Get in touch with our team for our latest on and off-market property updates.
The Property Advantage are delighted to bring you this 5 bedroom, 2 bathroom HMO in Withington, Manchester. The property is located well for students and has amazing historical occupancy. The property comes fully let for the 2022/23 academic year. Currently, the tenants are paying bills, which leaves only the management fee to be accounted for by the landlord. A property like this gives the buyer options, either to keep it as it is or improve the property.
Comprising of 5 bedrooms, 2 bathrooms, a sizeable communal kitchen/diner and a separate sitting room, hence creating an enjoyable living space for tenants. Further to the large communal areas, there is also a good-sized garden that has been concrete-slabbed making it a low-maintenance area for tenants to enjoy; at the back of the garden lies a double garage which can be used for storage.
The property is located in Withington. There are great public transport links nearby, including a bus stop with direct access to the Trafford Centre and Piccadilly Gardens, as well as a range of amenities including parks, shops, bars, and restaurants. The property has close proximity to the city centre and remains popular with tenants.
Income;
Room 1 - £377.36 / Room 2 - £377.36 / Room 3 - £377.36
Room 4 - £377.36 / Room 5 - £377.36
Total; £1,886.80 PCM / £22,641.60 PA
Expenditure;
Management - £173.59
Total; 173.59 PCM / £2,083 PA
interior
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* The above information is the average for each state in United Kingdom For more details about loans, please send us an enquiry.
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Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.