Ready-income Victorian HMO near Monton — auction sale with reservation fee..
Income £34,020 per year from five-bedroom HMO
Three en-suite bedrooms plus communal kitchen/diner
Modern decor throughout; double glazing and gas central heating
Long leasehold — 883 years remaining
Sold via Modern Method of Auction; reservation fee applies
Non-refundable reservation fee 4.5% (min £6,600) plus £300 pack fee
Small overall property size; solid-brick with assumed no cavity insulation
Area shows deprivation but very low local crime and excellent transport links
A well-located five-bedroom HMO in M30, currently generating £34,020 pa, offers immediate rental income for an investor buyer. The property includes three en-suite rooms, a communal kitchen/diner, and modern internal decoration throughout, so it's ready to continue as a let with minimal immediate works.
Set in a Victorian red-brick end-of-terrace, the house retains period character while benefiting from contemporary updates such as a modern kitchen, double glazing (post-2002) and gas central heating. A small front and rear garden add outdoor space; the property is close to Monton, parks, shops and good transport links, supporting tenant demand.
This is offered via the Modern Method of Auction with a long lease (883 years) and a start-price sale route. Buyers must complete a reservation agreement and pay a non-refundable reservation fee of 4.5% (minimum £6,600) plus a £300 pack fee — these are payable in addition to the purchase price and affect overall transaction costs. The Buyer Information Pack should be reviewed and independent due diligence completed before bidding.
Practical notes: the home sits in a broadly deprived area but records very low local crime and fast broadband/mobile reception, which can support lettings. The building is solid-brick Victorian construction with assumed no cavity insulation; any buyer wanting energy upgrades should factor in retrofit costs. Leasehold tenure and auction terms mean prompt completion deadlines and a clear understanding of fees and finance requirements are essential.
33 bedroom detached house for sale in Monton Road, Monton, M30 — £1,750,000 • 33 bed • 15 bath • 9383 ft²
4 bedroom terraced house for sale in Derby Avenue, Salford, Greater Manchester, M6 — £275,000 • 4 bed • 4 bath • 882 ft²
4 bedroom terraced house for sale in Liverpool Street, Salford, M6 — £235,000 • 4 bed • 1 bath • 980 ft²
6 bedroom house for sale in Bridgelea Road, Withington, M20 — £425,000 • 6 bed • 3 bath • 1315 ft²
3 bedroom terraced house for sale in Milton Avenue, Salford, Greater Manchester, M5 — £225,000 • 3 bed • 1 bath • 894 ft²
5 bedroom terraced house for sale in Highfield Road, Salford, Greater Manchester, M6 — £350,000 • 5 bed • 5 bath • 990 ft²






































































