Newly refurbished 4-bed HMO delivering immediate income close to MediaCity and Salford Royal.
Licensed four-bedroom HMO with full occupancy and immediate income
A fully licensed, newly refurbished four-bedroom mid-terrace HMO presented for sale with full occupancy and strong income. The property generates a gross income of £2,610 pcm (around 9% gross yield) from four double rooms — three with en-suite showers — and a modern communal kitchen/lounge designed for shared living.
Practical advantages include freehold tenure, an EPC rating of C and proximity to Salford Royal, MediaCity and good public transport links, making it attractive to professionals and students. The accommodation is compact but well laid out across multiple floors, with contemporary fixtures and integrated kitchen appliances.
Buyers should note material considerations: the building is a small property (approximately 882 sq ft) in a very deprived, ‘hampered’ neighbourhood, and the walls are original solid brick with no assumed cavity insulation. Communal spaces and rooms are average in size for the type; potential energy-efficiency upgrades or additional insulation may be needed to improve thermal performance. The site includes small front and rear yards and access to a communal garden.
This is a straightforward purchase for an investor seeking immediate rental income from an HMO presented in good decorative order and already operating. Factor in area profile and potential retrofit costs when assessing long-term yield and capital-growth prospects.
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