2-bedroom terraced house · M18 8UR
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD BY ONLINE AUCTION ON 12TH TO 13TH AUGUST UNLESS SOLD PRIOR UNDER AUCTION TERMS 19 Hobart Street, Abbey Hey, Manchester, M18 8UR An excellent opportunity to acquire this two-bedroom end-terraced property, offered with a tenant in situ and currently producing a reported rental income of £465 per calendar month , subject to verification of the Assured Shorthold Tenancy (AST).
The accommodation comprises two reception rooms, a fitted kitchen, two double bedrooms and a family bathroom.
The property offers excellent scope for a programme of improvement, presenting an ideal value-add opportunity for investors.
Situated in the popular Abbey Hey area of Manchester, the property is well placed for a range of local amenities, including shops, supermarkets, schools and leisure facilities.
Excellent transport links are available via nearby Gorton and Belle Vue railway stations, regular bus routes, and convenient access to Hyde Road, the M60 motorway network and Manchester City Centre, making the area a popular choice with both tenants and owner-occupiers.
The property has not yet been inspected by Edward Mellor and this description has been prepared using information provided by the vendor.
Interested parties are advised to rely on their own inspections and enquiries.
The reported rental income and tenancy details are subject to confirmation upon receipt of the relevant tenancy documentation.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 19, Hobart Street, Manchester, M18 8UR, Abbey Hey
Explore nearby