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Monton Road, Monton, M30

PROPERTY TYPE

Detached

BEDROOMS

33

BATHROOMS

15

SIZE

Ask agent

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Investment Opportunity
  • 33 Bedroom HMO
  • Freehold
  • Located In The Heart Of Monton Village
  • Rental Income Approximetley £198,000 Per Annum
  • Detached Bungalow At The Rear Of The Building
  • Excellent Transportation Links
  • Off Road Parking
  • No Chain

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

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: TBC

Monton Road, Monton, M30

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Patricroft Station0.5 miles
  • Eccles Station0.5 miles
  • Eccles Tram Stop0.6 miles
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About the agent

Thornley Groves, Monton

25-27 Monton Green, Monton, Eccles, Manchester, M30 9LL

Thornley Groves, Monton

Long before Altrincham Market transformed the area, our estate agency and team blossomed in its leafy suburbs. Multiply this by ten – into North, South, and Central Manchester – and fast forward 30 years - our property knowledge has risen with the city's cranes and suburban trees.

By keeping up with the growth trends and skyline of the UK's second city, our team is primed to help people buy, sell, let, and rent property across the region. We’re locals and Manchester is our home.

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Industry affiliations

Association of Residential Letting Agents

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Disclaimer - Property reference SWN230478. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thornley Groves, Monton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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