Lightly grease a 12-cup Bundt pan with butter and set aside.
In a large jug or bowl, combine the milk, water, sugar, melted butter, and yeast. Stir gently and set aside for a few minutes.
1 cup milk, 2⅔ fl oz water, 1¾ oz granulated sugar, 2 tablespoons unsalted butter, 2¼ teaspoons instant yeast
In the bowl of a stand mixer fitted with a dough hook, mix the flour and salt. Turn the mixer to low speed and slowly pour in the milk mixture. Once the dough starts to come together, increase the speed to medium and mix for 6-7 minutes, until the dough is smooth, soft, and slightly shiny.
3⅔ cups all-purpose flour, 2 teaspoons salt
Shape the dough into a ball and place it in a lightly greased bowl. Cover with plastic wrap and leave in a warm place for 50-60 minutes, or until doubled in size.
While the dough is rising, prepare the coating by mixing the brown sugar and cinnamon in one bowl. Place the melted butter in a separate bowl.
7 oz light brown sugar, 2 teaspoons ground cinnamon, 4¼ oz unsalted butter
Once the dough has risen, gently turn it out onto a lightly floured surface and pat it into a rough square. Cut the dough into small, even pieces (about 60-64 pieces).
Roll each piece into a ball. Dip each ball into the melted butter, letting any excess drip off, then roll it in the cinnamon sugar mixture until fully coated.
Layer the coated dough balls into the prepared Bundt pan, staggering them to create an even shape.
Cover the pan loosely with plastic wrap and let the dough rise again for 50-70 minutes, or until the dough is puffy and has risen close to the top of the pan.
Preheat the oven to 350°F (175°C).
Remove the cover and bake for 30-35 minutes, until the top is deep golden brown and caramel is bubbling around the edges.
Allow the monkey bread to cool in the pan for 5 minutes, then carefully invert it onto a serving plate. Let it cool slightly for about 10 minutes.
To make the glaze, whisk together the powdered sugar and milk until smooth. Drizzle over the warm monkey bread before serving.
1 cup powdered sugar, 2 tablespoons milk
Notes
Tips and Tricks
Use warm, not hot, liquids. This helps activate the yeast without killing it.
Don't skip the second rise. It ensures a light, fluffy texture.
Cut evenly sized pieces. This helps the bread bake evenly.
Coat thoroughly. Make sure each dough ball is well covered in butter and sugar for the best flavor.
Watch the baking time. If it browns too quickly, loosely cover with foil.
Serve warm. Monkey bread is best enjoyed fresh and warm for that gooey texture.
Easy to pull apart. No slicing needed-just pull and enjoy!