6 bedroom semi-detached house for sale

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6 bedroom semi-detached house for sale

Rochdale Road, Middleton, Manchester
£340,000

Our Summary

  • This high-yield HMO is well-managed and situated in an area with a stable tenant demand, making it an attractive investment opportunity

Description

The property at 103 Rochdale Road, Middleton, Manchester, is a 6-bedroom, all-en-suite HMO for working professionals, recently renovated to a high standard. Located in a growing investment hotspot, the property benefits from its prime location near the M60, offering easy access to local amenities, services, and employment hubs. The property generates a strong gross annual income of £45,660, resulting in a gross yield of 13.43%, with annual expenditures of £16,772.16. After deducting expenditures, the net annual income stands at £28,887.84, producing a healthy net yield of 8.50%. The property is well-managed, with a comprehensive tenant demand, and offers a balanced and sustainable return on investment.
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