Rochdale Road, Middleton, Manchester

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.

Attractive High-Yield Quality HMO
Address: 103 Rochdale Road, Middleton, Manchester, M24 2PR
Property Type: 6-bed, all ensuite HMO for working professionals
Well-Managed and Recently Renovated

Location Overview:
Middleton, located just a few miles north of Manchester city centre, is a growing investment hotspot, especially in the HMO sector. The property at 103 Rochdale Road benefits from its prime location within this thriving town, offering easy access to local amenities, services, and employment hubs. Middleton is supported by a diverse local economy, including large employers such as JD Sports’ distribution centre, along with a growing number of professionals commuting into Manchester.

Key Features:

6 Bedrooms, All Ensuite: Modern and spacious rooms to suit working professionals
Prime Location: Situated close to the M60, providing direct access to Manchester, Leeds, and beyond
Strong Transport Links: Regular bus services and proximity to Mills Hill train station
High-Quality Renovation: Refurbished to a high standard with modern interiors
Comprehensive Tenant Demand: Ideal for young professionals, local workers, and commuters
Ongoing Regeneration: Local development initiatives promise capital appreciation in the area
Local Amenities:

Transport: M60 motorway access, bus routes, and fast rail connections to Manchester
Employment: JD Sports, retail, manufacturing, and logistics sectors
Recreation: Alkrington Woods, local schools, healthcare, and retail parks
Green Spaces: Proximity to parks and open spaces offering a balanced lifestyle
Financial Overview:

Income Breakdown (Monthly):

Room 1: £640.00
Room 2: £620.00
Room 3: £600.00
Room 4: £610.00
Room 5: £660.00
Room 6: £675.00

Total Monthly Income: £3,805.00

Annual Income: £45,660.00

Expenditure Breakdown (Monthly):
Gas: £430.00
Electric: £73.00
Water: £76.08
Council Tax: £194.00
TV License: £15.00
Broadband: £73.00
Cleaner: £80.00
Management: £456.60
Total Monthly Expenditure: £1,397.68

Annual Expenditure: £16,772.16

Financial Metrics:
Net Annual Income: £28,887.84
Gross Yield: 13.43% (calculated as Annual Income / Sale Price)
Net Yield: 8.50% (calculated as Net Annual Income / Sale Price)

Commentary:
The financial summary for 103 Rochdale Road, Middleton, Manchester, reflects a strong gross annual income of £45,660.00, resulting in a gross yield of 13.43%. After deducting annual expenditures of £16,772.16, the net annual income stands at £28,887.84, producing a healthy net yield of 8.50%. This high-yield HMO is well-managed and situated in an area with a stable tenant demand, making it an attractive investment opportunity. The expenditure figures have been carefully calculated, offering a balanced and sustainable return on investment.