£1,750,000

33 bedroom detached house for sale

Monton, M30
detached house detached house
bedrooms 33 bedrooms
property_incontent_1

Property 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
Read more
property_header

Property photos

property_incontent_2

Interested in this property?

Check Your Credit Report & Score

Council tax

Ask agent

First listed

Over a month ago

Monton, M30

Marketed by

Thornley Groves - Monton 25-27 Monton Green Monton M30 9LL
Call agent on 0161 506 7779
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Manchester

Monton, M30 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Thornley Groves - Monton. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Thornley Groves - Monton for full details and further information.
property_vrec_1