Suffolk Street, Salford, Manchester M6 6DU
Key Features
- 4 Bed 1 Bath Student HMO
- Fully Let for 25/26 Academic Year
- Gross rent c. £30,480 p.a.
- 13.2% gross yield
Full property description
This end-terrace property comprises of 4 Bedrooms & 1 Bathroom. To the ground floor is a double bedroom, a living room & seperate kitchen. On the first floor are three double bedrooms and a bathroom.
The property is currently let to 4 students (each on different tenancies) at £2,540 per month until July 2026 (equivalent to £30,480 per annum). The property has historically been let to students due to its proximity to Salford University, located only a 19 minute walk away from the main central campus.
At an asking price of £230,000, the property provides a very strong gross rental yield of 13.2% making it an ideal “turn-key” investment for investors.
There is a HMO licence and certificate of lawfulness for 4 people in place - Reference Ref: 23/82205/CLUD.
Due to its proximity to city centre Manchester, the property would also operate efficiently as a professional HMO.
Download this property brochure
DOWNLOAD BROCHURETry our calculators
Mortgage Calculator
Stamp Duty Calculator
Similar Properties
-
Alderson Road, Wavertree Liverpool L15 1HG
£200,000 Fixed PriceSoldOverview This well-presented 4-bedroom, 2-bathroom licensed student HMO offers a solid investment opportunity in a highly desirable student rental area of Liverpool. With a current annual income of £24,000, this turnkey property provides an attractive gross yield of 12%, along with steady demand a...4 Bedrooms2 Bathrooms -
Kenmare Road, Wavertree, Liverpool L15 3HQ
£200,000 Fixed PriceSoldAn excellent opportunity to acquire a fully tenanted and licensed 4-bedroom, 2-bathroom HMO in the heart of Liverpool’s student rental hub. Offering a gross yield of 11.25%, this turnkey investment combines strong annual returns with long-term capital growth potential in a high-demand location. ...4 Bedrooms2 Bathrooms
