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33 bed property, in Monton Road, £1,750,000
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33 bed detached house

Monton Road, Monton M30
£1,750,000

Price History

Initial price £2,000,000
Jun 22, 2024 £1,750,000
Price Change 0.0%

Our Summary

  • Investment Opportunity
  • Introducing an exceptional investment opportunity, this 33 bedroom HMO, formerly recognized as The Highbury Hotel, stands prominently in the heart of Monton Village, offering unparalleled potential for astute investors
  • Discerning investors are invited to seize this rare opportunity and unlock the full potential of this remarkable investment endeavor

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Description

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This impressive 33-bedroom HMO, formerly known as The Highbury Hotel, is situated in the desirable Monton Village, offering a prime investment opportunity in a vibrant area with excellent local amenities, transport links, and proximity to Manchester City Centre. The property, which has been thoughtfully converted from a period building into self-contained flats with 2 to 6 bedrooms each, also includes a detached bungalow for a live-in caretaker. With a robust rental income of approximately £198,000 per annum and a high yield of 9.9%, this property is ideal for investors looking for a substantial income and potential for capital growth in a sought-after location.