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Hamilton Road, Manchester, Greater Manchester

North West

£400,000
Listed on 06/08/2025

Property Details

Bedrooms
7
Type
Semi-detached house
Area
2248 sqft

Description

This substantial property features seven bedrooms and spans four levels, making it a versatile option for those looking to invest in real estate. Currently set up as a successful Airbnb, it presents an immediate opportunity for short-term rental income while also offering the flexibility to explore alternative uses, such as a House in Multiple Occupation (HMO), depending on the necessary planning permissions. With potential for further development, this property could be subdivided into two separate units, which would not only increase rental income but also enhance its long-term capital appreciation. This transformation could appeal to future tenants or buyers looking for alternative living arrangements. Situated in the sought-after M13 postcode, the property enjoys close proximity to the University of Manchester and boasts easy access to local amenities and public transport links leading directly to the city center. This prime location contributes to a strong year-round demand for rental properties, making this an attractive prospect for any investor. Whether you're considering leveraging its current setup as a high-performing Airbnb or exploring renovation opportunities that maximize its inherent value, this property stands out as a compelling investment choice.

Investment Analysis

(M13 area)

Below Market Value

This property is priced -36.2% below area average per sq ft

-36.2%
Potential saving
This Property
£178/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£375
Avg Yield
7.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£689,417
10% above area average per sq ft
Potential ROI
+40.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (M13)

Area prices are falling by +6.0% over the last 12 months
3 year growth: -7.6%
5 year growth: 1.4%
Investment Disclaimer: Analysis based on M13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hamilton Road, Manchester, Greater Manchester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE