Licensed seven-bed HMO in Fallowfield with tenants secured and strong rental income.
Seven double bedrooms, one en-suite, three bathrooms
A seven-bedroom mid-terraced Victorian property converted and currently operating as a licensed HMO. Located in Fallowfield close to Manchester University and commuter links, the house is let to students with tenants already lined up for September. The property is freehold and advertised with a gross rental income of £4,000 PCM, offering a strong headline yield of about 8.2% at the asking price of £585,000.
Internally the layout suits shared living: seven double bedrooms (one en-suite), three bathrooms, a large fitted kitchen/dining room, and a cellar used for laundry and boiler. The conversion is up-to-date with an HMO licence and Article 4 compliance already in place, reducing immediate letting risk. External space is limited to a paved front area and an enclosed rear yard.
Buyers should note practical drawbacks: overall plot and room sizes are described as small, the building is an older solid-brick Victorian terrace (circa 1900–1929) with assumed lack of cavity insulation, and the EPC is band D. Some internal areas show dated finishes and narrow circulation that may require ongoing maintenance or targeted refurbishments. The cellar houses the boiler — check service history and ventilation — and the property is optimised for student tenancy rather than family occupation.
This is a straightforward opportunity for a buy-to-let investor seeking an HMO in a high-demand student neighbourhood. The property’s licence, recent conversion and immediate tenancy reduce vacancy risk; prudent purchasers should budget for ongoing maintenance, potential energy-efficiency upgrades, and standard HMO compliance checks at transfer.
7 bedroom terraced house for sale in Norman Road, Manchester, Greater Manchester, M14 — £700,000 • 7 bed • 2 bath • 3588 ft²
7 bedroom terraced house for sale in Rippingham Road, Withington, M20 — £525,000 • 7 bed • 2 bath • 1768 ft²
4 bedroom end of terrace house for sale in Carill Drive, Fallowfield, Greater Manchester, M14 — £380,000 • 4 bed • 1 bath • 1174 ft²
3 bedroom terraced house for sale in Braemar Road, Manchester, Greater Manchester, M14 — £290,000 • 3 bed • 1 bath • 938 ft²
5 bedroom end of terrace house for sale in Beech Grove, Manchester, Greater Manchester, M14 — £475,000 • 5 bed • 2 bath • 1457 ft²
5 bedroom terraced house for sale in Braemar Road, Fallowfield, Manchester, M14 — £410,000 • 5 bed • 1 bath • 1065 ft²


















































































































