Offers in region of
£500,000
7 bed terraced house for saleEgerton Road, Manchester M14
7 beds
3 baths
EPC Rating: E
- Available immediately
- Freehold
Buraq Estates
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About this property
Basement
Double Glazing
Description
🏡 investment opportunity - prime HMO property in the heart of student central, fallowfield 🏡
Guide Price: £500,000
attention all investors! A rare and lucrative opportunity to acquire a fully licensed 7-bedroom HMO in the vibrant heart of Fallowfield - Manchester's student hotspot.
📍 Location, Location, Location!
Situated in the epicentre of student living, this property is just a stone's throw from local amenities, transport links, and major universities - ensuring consistent high rental demand year after year.
📈 Proven Rental Income & Growth Potential
Current Gross Income: £38,371 per annum
Projected Income Post-Refurb (7 Bed): £50,580 per annum
Potential Income (9 Bed Conversion): Up to £65,032 per annum
🛠️ Refurbishment Required
The property is in need of a full refurbishment - a blank canvas for investors to unlock its full earning potential. With ample space to reconfigure and extend (subject to planning), the opportunity to increase to a 9-bedroom HMO makes this an even more attractive proposition.
✅ Key Features:
Fully licensed HMO
7 current bedrooms, potential for 9
Established rental history
Excellent yield potential
Student central location
🔑 Ideal for seasoned investors or first-time buyers looking to enter the high-demand student rental market.
Council Tax Band: M14 6RA
Tenure: Freehold
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