6 Bed HMO, Manchester, M14 6WQ, £450,000

102 Ladybarn Road, Manchester, Greater Manchester, M14 6WQ - 10 views - 5 months ago

Sold STC
HMO
ROI: 8%
72

ValuationOvervalued











Cashflows























Property History

Listed for £450,000

July 22, 2024

Sold for £179,500

2005

Sold for £102,000

2002

Floor Plans

Description

  • Let for £3828pcm inc of bills +
  • Popular student location +
  • HMO license for 6 people +
  • Open plan living/dining/kitchen area +
  • Small low maintenance rear yard +
  • Fitted desks and storage +

Block viewing by appointment only on Monday 29th July 2024
Please call or email the office to book a viewing slot. Nicholas Humphreys are delighted to bring this six bedroom student investment property to the market. The property is let for £3828pcm inc of bills, producing a yield of just over 10%! The property has an HMO license for 6 people and the vendor informs us that he has the proof of C4 use (ie being let to sharing tenants) for 10+ years.  Just a 5 minute walk to Wilmslow Road and the 142 bus route, the property is surrounded by other student properties and is just a few minutes from Sainsburys.  The property briefly comprises of; Entrance hallway with doors leading to the ground floor front bedroom and the sociable open plan living/kitchen/dining space to the rear of the property. There is a door leading to the small low maintenance rear yard. The dining table shown in the photos will not be included in the sale, the owner will replace this with another table.   To the first floor there are two bedrooms and a shower room, and a cupboard for the washer drier. To the second floor there are three bedrooms and a shower room. The current owner has equipped the bedrooms with fitted desks and storage space, this not only looks great but should also save the future owner maintenance costs of replacing furniture, it's also a great use of space and can make the bedrooms look more spacious.  REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargeaves Gilman, 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 broker named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £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: E. Tenure: Freehold,

Agent Details

Nicholas Humphreys, Manchester

0161 524 3540

Next Steps?

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