Summary - 172 WEASTE LANE SALFORD M5 5JL
6 bed 2 bath Terraced
Turnkey HMO with recent boiler, roof and bathroom upgrades for investors.
Six double bedrooms over four floors, long-standing HMO layout
A substantial six-bedroom mid-terrace arranged over four floors, this freehold property is presented as a long-standing HMO with compliant fire doors, emergency lighting and alarms. Recent practical upgrades include a large condensing combi boiler fitted in 2025, two bathrooms refurbished in 2025 and a roof replaced six years ago—reducing short-term capital expenditure for a new owner. The layout includes two communal rooms, a separate kitchen/dining area and cellar storage, supporting strong letability and a reported gross yield of around 12%.
The house retains period character externally with red-brick bay windows and high ceilings that create bright, airy rooms; many bedrooms are double-sized, though some rooms are small to medium as typical for HMO conversion. The property sits in a major conurbation with excellent public transport links nearby (Weaste tram stop), close to Salford Quays, Media City and local amenities—factors that sustain tenant demand, particularly from students and sharers.
Buyers should note material considerations: the building is constructed with solid brick and no confirmed cavity insulation, which may affect heating efficiency despite the new boiler. The wider area is described as very deprived and classed as “hampered aspiration,” which impacts tenant profiles and resale prospects. EPC grade D is middling for energy performance. The plot is small with limited private outdoor space.
Overall, this property suits investors seeking a turn-key HMO income stream with reduced immediate capital works. It offers strong rental fundamentals and compliance features already in place, but purchasers should allow budget for energy-efficiency improvements, ongoing maintenance and possibly some room reconfiguration to maximise long-term returns.
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