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Monton Road, Monton, M30

PROPERTY TYPE

Detached

BEDROOMS

33

BATHROOMS

15

SIZE

9,383 sq ft

872 sq m

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

Floorplan
1

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

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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Monton Road, Monton, M30

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About Thornley Groves, Monton

25-27 Monton Green, Monton, Eccles, Manchester, M30 9LL
Industry affiliations:Industry affiliation logo 0

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. We're trusted to manage over 5,500 properties on behalf of their owners and have helped thousands of homeowners make their next move.

At Thornley Groves property is done personally; with a team of over 200 people on hand to help, across our network of nine high street branches, from Prestwich to Sale.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£8,169
We think you can borrow up to
Add your household income above
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These results are estimates and are 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.

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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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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