Summary - 133a Stamford Street Central OL6 6XJ
15 bed 15 bath Block of Apartments
High-yield multi-unit block with immediate income and commercial ground floor.
Freehold 15-bedroom HMO, fully occupied
A substantial freehold block in central Ashton-under-Lyne, this 15-bedroom HMO is fully occupied and income-producing from day one. The building includes 13 en-suite bathrooms and two off-suite bathrooms, two communal kitchens, spacious tenant living areas and three ground-floor commercial units — a mix that supports both residential and commercial revenue streams.
Projected rental income exceeds £130,000 per year with a reported ROI of 11.8% and scope to lift rents further. The property benefits from an EPC rating of C and direct access to Metrolink services into Manchester, enhancing tenant demand from commuters and students.
Practical points for buyers: the lot will be sold at auction and a buyer’s premium applies (1% + VAT, minimum fee and staged payments). The building sits in a very deprived area with a predominantly urban cultural mix — demand is strong for HMO stock here but the social profile may influence management and letting strategy. Some units show signs of requiring refurbishment before reletting or to realise higher rents.
This is a clear cashflow-focused opportunity for an investor comfortable buying at auction, operating HMOs and managing on-site commercial tenants. It offers immediate income with identified upside — and requires an active asset-manager approach to optimise returns.
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