HMO in Manchester

Strategy: HMO (House in Multiple Occupation)
Location: Manchester City Centre
Price: £350,000
Projected ROI: 10%
Cashflow: £2,500/month

This fully refurbished 6-bedroom HMO property is located in Manchester’s bustling city centre, a prime area for rental demand. It is within walking distance of universities and key business hubs, making it ideal for young professionals, students, and commuters. Each room is rented out for £500-£600, providing steady income with a strong yield. The property offers a dual-exit strategy, allowing flexibility to either continue as a high-yield HMO or convert to serviced accommodation (SA) for higher nightly rates.