Garden Street

HMO INVESTMENT OPPORTUNITY

36 Garden Street, Macclesfield, SK10 2QW

Fully Tenanted, High-Spec 4-Bed HMO – £305,000

Overview

Introducing a fully operational, high-yielding HMO investment located in the heart of Macclesfield. This modern 4-bedroom, 3-bathroom licensed HMO (with 2 ensuite rooms) offers a strong and reliable income stream from day one, with 100% occupancy and a proven rental history.

The property has previously undergone an extensive refurbishment of approximately £100,000, ensuring full compliance with contemporary HMO standards, enhanced tenant appeal, and reduced long-term maintenance requirements. A brand-new roof further strengthens the asset’s durability and investment security.

This property currently generates approximately £33,000 gross rental income per annum, and will be sold with tenants in situ.

Key Property Features

• 4 spacious bedrooms
• 3 modern bathrooms, including 2 en-suites
• No need for a HMO licence due to being a 4-bed
• Fully tenanted with long-standing occupancy
• High-standard refurbishment throughout
• Brand-new roof
• Long-term (peppercorn) lease
• Contemporary kitchen, upgraded safety systems, and modern utilities
• Strong rental demand in the immediate area

Financial Performance

Gross Rental Income

£33,000 per annum

Operating Costs

• Dual energy: £1,980/year
• Internet: £300/year
• Council tax: £1,672/year
• TV licence: £170/year
• Water: £522/year
  Total: £4,644

These predictable and manageable outgoings support strong net yields and reliable cash flow.

Investment Summary

• Asking Price: £305,000
• Gross Yield: Approximately 10.8%
• Net Yield: Approximately 9.3%
• High-spec, low-maintenance HMO
• Fully compliant with modern regulations
• Zero immediate capital expenditure required
• Strong tenant demand ensures dependable occupancy levels

Return on Investment (ROI) & Yield Projection

With a gross annual income of £33,000, the property provides a compelling yield for investors expanding or entering the HMO market.

Projected Returns

• Gross Yield: 10.8% per annum
• Potential to enhance net yield through utility optimisation or strategic room rate adjustments
• Strong performance relative to standard buy-to-let investments in the region
• Reduced maintenance risk due to recent refurbishment and new roof installation

This property strikes the ideal balance between cash flow, asset quality, and long-term stability.

Why Invest in Macclesfield?

Macclesfield is a rapidly strengthening rental hotspot, benefiting from:

Prime Location Advantages

• Strong commuter links to Manchester and Stockport
• Proximity to Macclesfield Hospital, AstraZeneca, local colleges, and major employment hubs
• Consistent demand for high-quality shared accommodation
• Attractive rental yields compared to surrounding Cheshire and South Manchester areas
• Ongoing regeneration and investment in the town centre
• Popular with professionals seeking affordable, modern, and well-located housing

The combination of stable employment opportunities and commuter convenience creates a robust tenant pipeline, ideal for HMO investments.

Why This Property Stands Out

• Fully tenanted and income-producing from day one
• High-end refurbishment = minimal maintenance
• Brand new roof = reduced future expenditure
• Prime rental location
• Strong market yields outperforming standard buy-to-lets
• Proven track record of occupancy and income stability

This is a rare opportunity to acquire a turnkey, high-performing HMO in one of Cheshire’s most promising rental markets.

Get in touch with the team