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Monton Road, Monton, M30 33 bed detached house for sale
Monton Road, Monton, M30
£1,750,000
Monton Road, Monton, M30
£1,750,000
Price History
Initial price | £2,000,000 |
22/06/24 | £1,750,000 |
Price Change | -12.50% |
Description
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This impressive 33-bedroom HMO, formerly known as The Highbury Hotel, is situated in the desirable Monton Village, offering a prime investment opportunity in a vibrant area with excellent local amenities, transport links, and proximity to Manchester City Centre. The property, which has been thoughtfully converted from a period building into self-contained flats with 2 to 6 bedrooms each, also includes a detached bungalow for a live-in caretaker. With a robust rental income of approximately £198,000 per annum and a high yield of 9.9%, this property is ideal for investors looking for a substantial income and potential for capital growth in a sought-after location.