Block of flats for sale in Fallowfield., Manchester M14
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Property features
- Currently let on 10-year Fri lease - £13,578 rental income per property per an
- 100% let to multiple tenants
- Potential income of £150,000 per annum
- Fully let HMO in Fallowfield consisting of X5 townhouses for sale.
Property description
Investment summary
• Fully let HMO in Fallowfield consisting of X5 townhouses for sale.
• 100% let to multiple tenants
• Currently let on 10-year Fri lease - £13,578 rental income per property per annum
• Potential income of £150,000 per annum
• Splits over 4 floors
• Highly prominent student location in the heart of Fallowfield, Manchester
• Freehold for sale or business
The HMO block consists of 5 townhouses each with 5 double bedrooms split over 4 floors. The properties are modern and stylish and very popular with students and young professionals. Close to excellent transport links to the main University and City Centre.
Key features
• 5 Bedroom Townhouses
• Large Kitchen & Dining Areas
• 1 Shower Room & 1 Bathroom
• Split Over 4 Floors
• Excellent Size Living Room
• Garden & Parking Included
Location
Fallowfield, Manchester, 3 miles south of Manchester city centre and is bisected east-west by Wilmslow Road and north-south by Wilbraham Road.
The properties are just off Egerton Road on jj Thomson Mews. Close to bus stops and local shops Sainsbury's, Tesco’s & Cafes.
Frequent bus services and many local bus stops.
Transport links
By bus, the routes 41,42,42B and 43 connecting Manchester city centre to Fallowfield run approximately every 8-10 minutes.
By train, the Northern Rail service between Manchester and Wilmslow stops at Mauldeth Road and is approximately 7minutes journey from Manchester Piccadilly providing quick assess into the City Centre.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Ivy Group, M35 on +44 161 937 5501 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ivy Group, and do not constitute property particulars. Please contact Ivy Group for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.