Mellalieu Street by The Heaton Group

UK Working HMO Property Investment

Mellalieu Street is a unique property investment opportunity burrowed in the cosy town of Middleton. This development is a modern refurbishment of an old 3 story building with 8 freshly converted modern rooms. The property has a strong rental yield with a high rental income per annum. With a luxury finish in all rooms and only a 30-minute drive to Manchester's city centre, Mellalieu House offers a great opportunity for any investor to grow their portfolio.

Modern refresh with strong rental yield.

  • Hands off professional maintenance and management

  • Only a 30-minute drive from Manchester city centre

  • Excellent yields and scope for rent rises

  • Dedicated developer, run as a family business

16.52% BELOW RICS VALUATION

  • Q1 2017 (SOLD OUT)

  • Purchase price: £480,000

  • Rental income: £56,160 p.a.

  • Optional assured first year rental at 8%

  • 5-minute drive to Middleton’s shopping centre

  • Great opportunities in rental yield and rental income

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