7 Bed HMO, Manchester, M14 6US, £499,950

Derby Road, Fallowfield, M14 6US - 9 views - 9 months ago

HMO
~139 m²
+7 photos

ValuationOvervalued











Cashflows























Property History

Price changed to £499,950

December 4, 2024

Listed for £560,000

July 4, 2024

Floor Plans

Description

  • STUDENT PROPERTY AVAILABLE AUGUST 2024 +
  • £110.00 PER PERSON PER WEEK +
  • Seven bedrooms +
  • All doubles +
  • Great location +
  • Large lounge +
  • Separate kitchen +
  • Deposit 5 weeks rent +
  • EPC (D) 83 +
  • NO ADMIN FEES!! +

An ATTRACTIVE SEVEN BEDROOM HMO period terrace, generating a yearly rental income of £36,702.60 resulting in a GROSS YIELD of 6.6%. The property enjoys a highly convenient location on the Withington/Fallowfield border moments from local amenities and excellent transport links. 1492 Sq Ft.

The property is tenanted from July 31st 2024 until June 30th 2025 achieving a rental income of £3,336.60 pcm.

The accommodation consists of an entrance hallway with stairs rising to the first floor. The spacious living kitchen with an ample selection of modern units and perfect area for socialising, with a door leading out to the garden. There is also an additional reception room, double bedroom and bathroom.

To the upper floors you will find six double bedrooms, all with ample room for stand-alone bedroom furniture.

The property is served by two bathrooms.

The property is approached via a hard landscaped frontage. To the rear is a village garden with an area of lawn and paved patio providing an ideal space for outdoor socialising in the warmer months.

Freehold
Approx. 1885 Sq Ft
Council Tax Band: C

Agent Details

Philip James Kennedy, Didsbury

0161 524 4262

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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