An outstanding investment opportunity in the heart of Stockport – this substantial 6-bedroom house in multiple Occupancy (HMO) at 254 Wellington Road South is fully operational and licensed, with approval for 8 residents. With a consistent history of HMO use spanning over 20 years, the property has been maintained to an exceptionally high standard, offering immediate rental income and long-term growth potential.
Investment Highlights
- Freehold property
- 6 Letting Bedrooms, all fully compliant with HMO regulations
- Licence for 8 Occupants
- Maintained to a very high standard
- Modern shared bathrooms and a well-equipped communal kitchen
- Full HMO compliance, including fire doors, smoke alarms, emergency lighting with EPC ‘C’
- Low-maintenance outdoor space
- Positioned on the A6, with excellent transport and amenity access
Financial Breakdown
- Basement Bedroom: £600.00pcm (£7,200.00 per annum)
- Ground Floor Front Bedroom: £600.00pcm (£7,200.00 per annum)
- Ground Floor Rear Bedroom: £560.00pcm (£6,720.00 per annum)
- First Floor Large bedroom: £600.00pcm (£7,200.00 per annum)
- First Floor Second Bedroom: £560.00pcm (£6,720.00 per annum)
- Attic Bedroom: £520.00 pcm (£6,240.00 per annum)
Outgoings: ~£5,000 per annum
Net Income: ~£36,280 per annum
- Investment & Yield Analysis
- Asking Price: £420,000.00
- Gross Annual Income: £41,280.00
- Net Annual Income: £36,280.00
- Gross Yield: 9.8%
- Net Yield: 8.6%
At a purchase price of £420,000, this property offers a rare combination of strong cash flow, proven occupancy, and long-term growth potential in one of Greater Manchester’s top-performing locations.
Why Invest in Stockport?
Key to the appeal of this HMO property will be its immediate proximity to Stepping Hill Hospital, the main hospital for the Stockport and South Manchester region, and home to over 6,300 employees.
Also close by (4-5 minutes) is Stockport mainline train station offering access to Manchester city centre in less than 10 minutes by train (2 hours to London).
- Stockport is undergoing a major transformation, fast becoming one of the most investable towns in the North West.
- Outstanding Connectivity
- 10 minutes by train to Manchester Piccadilly
- Close to M60 motorway, Manchester Airport, and Metrolink extension plans
- Directly on the A6 corridor with excellent public transport options
- £1 Billion+ Regeneration Program
- Major projects include Stockport 8, Stockport Exchange, and Town Centre West
- Supported by the Mayoral Development Corporation (MDC) to drive sustainable growth
- Transformation of the town centre into a vibrant residential, leisure, and commercial hub
Booming Local Economy
- Strong employment in tech, creative industries, logistics, and healthcare
- Growing demand for high-quality rental accommodation for professionals and students
- Reliable long-term tenant base
Rental Demand
- Rising demand for HMOs due to affordability and professional tenant lifestyle
- Excellent yields compared to neighbouring Manchester and South Manchester
- Room to increase income under the existing licence for 8 occupants
Property Summary
- Long-established HMO with income history
- Licensed for 8 residents
- Net yield of 8.6%
- Freehold asset with minimal maintenance
- Excellent location in one of the North West’s fastest-growing towns
