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5 Bed HMO, Manchester, M14 4PF £350,000

Heald Place, Rusholme, Manchester, M14 4PF - 5 views - 8 months ago
  1. Deal Search
  2. Manchester
  3. M14
  4. M14 4PF
Sold STC
HMO
Planning
Inside Article 4
ROI: 2%
~178 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Manchester
  • More Deals in M14
  • More HMO Deals
  • More HMO Deals in Manchester
  • More HMO Deals in M14

Property History

Listed for £350,000

March 27, 2025

Floor Plans

Description

  • 2025/26 income of £35,490inc bills +
  • A short walk to the Universities +
  • Bay fronted terrace property +
  • Scope to do a loft conversion +

Nicholas Humphreys are delighted to bring this five bedroom student investment property to the market. There is an HMO licence for 5 tenants which was granted in 2024. The vendor has confirmed that the property has been let to sharing tenants for 10 or more years and has copies of tenancy agreements to prove this.  The property briefly comprises of: Spacious entrance hallway leading to two ground floor bedrooms and a separate living room, this then leads to the kitchen. On the first floor there are three further bedrooms and two shower rooms.  Situated just around the corner from Oxford Road, the property is perfectly placed for students who are at either of the Universities, and want to enjoy the plethora of restaurants and bars/cafes in the vicinity. We believe that subject to the necessary permissions there may be scope to increase the number of bedrooms by either extending or converting the loft.  REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargreaves 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: C. Tenure: Freehold, Known building safety issues or planned/required works: No known issues. Planning permissions: Erection of part nine, part eight, part seven storeys building for use as purpose built student accommodation and conversion of 466-468 to purpose built student accommodation use with link, associated landscaping, access and cycle parking following demolition of 470 - 472 Moss Lane East Mobile signal information: 5G coverage (except from O2)

Agent Details

Nicholas Humphreys, Manchester

0161 524 3540

Next Steps?

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

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Investment Opportunity

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