33 Bed Detached House For Sale Monton Road, Manchester, M30
£2,000,000- Detached
1 of 15
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Last Updated: 23rd February 2024
Description
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.
Positioned in a highly coveted location, this property enjoys immediate access to a plethora of local amenities including boutique shops, vibrant bars, charming artisan cafes, esteemed educational institutions, parks, and seamless transportation connections. Notably, the property benefits from easy accessibility to the M60 motorway and Eccles town center, facilitating effortless commutes to Manchester City Centre and beyond via the well established Metrolink and Train services.
Emanating historical charm, the expansive period building has been meticulously converted into self-contained flats, ranging from 2 to 6 bedrooms, ensuring a versatile accommodation layout to suit varied tenant requirements. Complementing the main structure, a detached bungalow nestled at the rear of the property provides comfortable living quarters for an on-site caretaker, enhancing the overall appeal and functionality of the investment.
Currently yielding a robust rental income of approximately £198,000 per annum, inclusive of bills when fully occupied, the property boasts an impressive rental yield of 9.9%.
In summary, this 33 bedroom HMO presents an unparalleled opportunity to acquire a distinguished property asset in a highly sought-after location, with substantial income potential and promising prospects for capital appreciation. Discerning investors are invited to seize this rare opportunity and unlock the full potential of this remarkable investment endeavor.
Council Tax Bands:
Flat 1 Council Tax Band = D
Flat 2 Council Tax Band = C
Flat 3 Council Tax Band = C
Flat 4 Council Tax Band = C
Flat 5 Council Tax Band = C
Flat 6 Council Tax Band = C
EPC Ratings:
Flat 1 EPC Rating = C
Flat 2 EPC Rating = B
Flat 3 EPC Rating = C
Flat 4 EPC Rating = B
Flat 5 EPC Rating = C
Flat 6 EPC Rating = C
Positioned in a highly coveted location, this property enjoys immediate access to a plethora of local amenities including boutique shops, vibrant bars, charming artisan cafes, esteemed educational institutions, parks, and seamless transportation connections. Notably, the property benefits from easy accessibility to the M60 motorway and Eccles town center, facilitating effortless commutes to Manchester City Centre and beyond via the well established Metrolink and Train services.
Emanating historical charm, the expansive period building has been meticulously converted into self-contained flats, ranging from 2 to 6 bedrooms, ensuring a versatile accommodation layout to suit varied tenant requirements. Complementing the main structure, a detached bungalow nestled at the rear of the property provides comfortable living quarters for an on-site caretaker, enhancing the overall appeal and functionality of the investment.
Currently yielding a robust rental income of approximately £198,000 per annum, inclusive of bills when fully occupied, the property boasts an impressive rental yield of 9.9%.
In summary, this 33 bedroom HMO presents an unparalleled opportunity to acquire a distinguished property asset in a highly sought-after location, with substantial income potential and promising prospects for capital appreciation. Discerning investors are invited to seize this rare opportunity and unlock the full potential of this remarkable investment endeavor.
Council Tax Bands:
Flat 1 Council Tax Band = D
Flat 2 Council Tax Band = C
Flat 3 Council Tax Band = C
Flat 4 Council Tax Band = C
Flat 5 Council Tax Band = C
Flat 6 Council Tax Band = C
EPC Ratings:
Flat 1 EPC Rating = C
Flat 2 EPC Rating = B
Flat 3 EPC Rating = C
Flat 4 EPC Rating = B
Flat 5 EPC Rating = C
Flat 6 EPC Rating = C
Agent Details
Thornley Groves
25-27 Monton Green, Monton, Eccles, Manchester, M30 9LL
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.