INVESTMENT OPPORTUNITY – 5X5 BEDROOM TOWNHOUSES FOR SALE
Located in Fallowfield well served by popular local supermarkets, restaurants and cafes.
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.
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.
Terms
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
Specification
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