Hodge Road, Walkden
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
5
- SIZE
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- TENUREDescribes 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
- TO BE SOLD BY ONLINE AUCTION
- Tenanted HMO Investment Property
- Generating £48,960 Per Annum £4080 Per Month
- 14% Yield Based on The Guide Price!
- 6 Bedrooms, 5 Bathrooms - Fully Tenanted
- Fully Compliant
Description
TO BE SOLD BY ONLINE AUCTION ON 30-1ST OCTOBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
74 Hodge Road, Walkden, M28 3AU
Virtual Viewing Available
A superb opportunity to acquire a fully tenanted, six-bedroom HMO investment property situated on Hodge Road in Walkden.
The property has been recently refurbished to a high standard and is currently generating a rental income of £4,080 per calendar month / £48,960 per annum, representing an approximate 14% gross yield based on the guide price.
Internally, the accommodation has been configured to provide six well-proportioned bedrooms and five bathrooms, alongside the communal living and kitchen facilities required for a modern HMO investment. The property is currently fully occupied and professionally managed, providing an attractive ready-made investment opportunity for landlords looking to add a strong income-producing asset to their portfolio.
The property benefits from a current HMO licence and the vendor advises that all relevant compliance and supporting documentation is in place and can be made available as part of the legal pack.
The marketing photographs were taken prior to the current tenants moving into the property. However, a recent property inspection has been carried out by the managing agent, who has confirmed that the property continues to be maintained and presented in very good condition.
Being sold with the existing tenancies in place, the property offers an immediate income stream from completion and should appeal particularly to HMO investors, portfolio landlords and buyers seeking a high-yielding, fully managed investment.
Hodge Road is conveniently positioned in Walkden, within easy reach of the town centre and a wide range of shops, amenities and transport links. Walkden railway station is close by, providing convenient connections towards Manchester and surrounding areas, while the location also offers good access to the wider motorway network.
The combination of strong transport links, local amenities and established rental demand makes the area particularly well suited to professional tenants and HMO investment.
- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Hodge Road, Walkden
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference EM-171060. 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 Edward Mellor Ltd, Auction. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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