From £250,000Available

HMO Salford

Top UK HMO destination: within the 'golden triangle' in Greater Manchester

Price
From £250,000

Hands off, fully managed HMO conversion
High average occupancy rates of 90% plus
10-15% rental yields

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Location

Salford

Completion

6-9 month completion

Lease

Freehold

Yield

10-15% rental yields dependent on purchase model and leverage

Layouts

Finance packages available for initial purchase

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HMO opportunities with a highly-regarded developer with a proven track record working in popular locations throughout the UK.

Alongside our expert partner, we specialise in the acquisition of run-down properties in areas with high demand from students and young professionals. The properties are then refurbished from top to bottom and additional space is created, typically through converting 2 or 3 bedroom houses into 4 or 5 bedroom HMOs.

Full HMO licensing and planning permission is acquired so the property can be run as an HMO and yield significantly more rental income.

All properties are built to a very high standard with en-suite bathrooms, fully fitted kitchens, new bathrooms and TVs with Netflix in every room. Superfast broadband, 24/7 support, and all-inclusive bills are the cherry on top.

These HMO investment opportunities are located in Salford, a city which has seen 34% capital growth in the past five years and 18% rental growth in the past four years.

Salford, Manchester

Located in Salford, home to the BBC, ITV, Manchester United Football Club and the Lowry Hotel. The city is a contemporary cultural and entertainment hub, boasting the reputation of the ‘golden triangle’ due to its proximity to Salford University, Salford Royal Hospital and MediaCityUK. The impressive transport links - Metrolink, trains & buses - have created a high demand for low-cost HMO accommodation across a large young professional and student tenant base. The unique location offers high-income HMOs, with high-quality tenants and genuine scope for capital gains given the proximity to Manchester city centre itself.

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Salford HMO Salford

Questions? For the latest availability and pricing call us on UK +44 (0) 333 123 0320 (open 9am-6pm GMT) or HK +852 6699 9008 (open 9am-6pm HKT) or request details now.

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DISCLAIMER: All financials and ROI's are estimates and only for illustrative purposes. BuyAssociation are a marketing agent that presents direct developer and owner stock to property investors and buyers. Sales are conducted direct between the buyer and the vendor. Every care is taken to ensure that all marketing materials, prices, floor plans, visuals, brochures are correct at time of issue however these do not constitute property particulars for contractual purposes. Please be sure to check all final materials ahead of signing any purchase contract. Property prices can go down as well as up. Homes can be repossessed if you do not keep up with payments. Properties purchased off-plan or incomplete can be open to further risks and losses to buyers. We urge buyers to seek legal advice where possible and must stress that investing in property does carry risk.

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I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-mainstream pooled investments;
the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.

I am a self-certified sophisticated investor because at least one of the following applies:

(a) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;
(b)I have made more than one investment in an unlisted company in the two years prior to the date below;
(c) I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
(d) I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

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I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

I had, throughout the financial year immediately preceding the date below, an annual income to the value of £100,000 or more. Annual income for these purposes does not include money withdrawn from my pension savings (except where the withdrawals are used directly for income in retirement).
I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include:
- (a) the property which is my primary residence or any money raised through a loan secured on that property; or
- (b) any rights of mine under a qualifying contract of insurance; or
- (c) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled; or
- (d) any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-mainstream pooled investments.

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