5 Bed HMO, Manchester, M20 3EX £420,000

• Let for £2643.33pcm for 2024/2025 +
• 100 metres from Withington High Street +
• Close to the University bus route +
• Yield of 7.2% for 2024/2025 +
• Open plan living/kitchen space +
• Cellar with two chambers +

Nicholas Humphreys are delighted to bring this 5 bed student property to the market. The property is let for the 2024/2025 academic year for £2643.33pcm excluding utility bills, producing a yield of 7.2%. Perfectly situated for students being just a stones throw away from Withington High Street and the main bus route to the Universities. There is also a park just a 2 minutes walk away.  The owner informs us that the property has been let to students continuously since pre 2011 and it has an HMO license for 5 people which expires in November 2024. The property briefly comprises of; Entrance hallway leading to the ground floor front bedroom and living space. The open plan living/kitchen/dining room benefits from a modern kitchen including appliances with a tiled floor and there are varnished floorboards in the living space. There is a ground floor W/C with a sink and access to the rear yard from the kitchen. The cellar is also accessed from the living room.  On the first floor there are four double bedrooms and a bathroom, which consists of a bath with a shower over, a W/C and wash hand basin.  To the rear of the property there is a barbeque area. REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £250 from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them. EPC rating: D. Tenure: Freehold,