6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Wellington Road South, Stockport, Greater Manchester, SK2
£420,000

Our Summary

  • Property Overview An outstanding investment opportunity in the heart of Stockport - this substantial 6-bedroom house in multiple Occupancy (HMO) at 254 Wellington Road South is fully operational and licensed, with approval for 8 residents
  • With a consistent history of HMO use spanning over 20 years, the property has been maintained to an exceptionally high standard, offering immediate rental income and long-term growth potential
  • 35% At a purchase price of £420,000, this property offers a rare combination of strong cash flow, proven occupancy, and long-term growth potential in one of Greater Manchester's top-performing locations

Description

This substantial 6-bedroom house in multiple occupancy (HMO) at 254 Wellington Road South, Stockport, is a rare investment opportunity offering immediate rental income and long-term growth potential. With a consistent history of HMO use spanning over 20 years, the property has been maintained to an exceptionally high standard and is fully compliant with HMO regulations. The property is located in the heart of Stockport, close to Stepping Hill Hospital and Stockport mainline train station, offering easy access to Manchester city centre and other major employment hubs. The property generates a net income of £35,080 per annum, with a gross yield of 9.54% and a net yield of 8.35%. The property also benefits from a £1 billion+ regeneration program in the area, which is transforming the town centre into a vibrant residential, leisure, and commercial hub. With rising demand for HMOs and excellent yields compared to neighboring Manchester and South Manchester, this property offers a strong cash flow and long-term growth potential.