Summary - 10 CARILL DRIVE MANCHESTER M14 6WR
4 bed 1 bath End of Terrace
Turnkey, high-yield investment close to universities and transport links.
Fully let 4-bedroom HMO generating £1,820 pcm
A rare, fully let 4-bedroom HMO in central Fallowfield, offered freehold at £370,000 and producing £1,820 pcm. The house is currently occupied and delivers immediate rental income, making it a straightforward purchase for investors seeking an income-generating, turnkey asset in a proven student rental market.
The property is a circa 1900–1929 Victorian end-of-terrace with period brickwork and bay window. It has double glazing (install date unknown), mains gas boiler and radiators, and a small rear garden. Broadband speeds are fast and mobile signal is excellent, supporting high tenant demand from students and sharers. Crime in the area is very low, and the house sits close to the Wilmslow Road corridor, public transport and local amenities.
Key considerations: the building shows signs of age and will benefit from modernization — communal spaces are functional but basic. Walls are cavity-built with no assumed insulation, and the property layout supports communal living but currently has only one bathroom for four bedrooms (no confirmed en‑suites). The wider neighbourhood is classified as a cosmopolitan student area and is in a deprived ward, which supports strong rental demand but may limit capital-growth comparables.
Overall, this is a high-yield, low-management-strength HMO opportunity for investors who want immediate income and scope to increase value through upgrades or thermal improvements. The freehold tenure and low council tax reduce ownership costs, while proximity to universities and transport preserves long-term tenant demand.
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