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Get brand editions for Philip James Kennedy, Didsbury

Moorfield Road, Didsbury, Greater Manchester, M20

PROPERTY TYPE

Semi-Detached

BEDROOMS

8

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Investment Opportunity
  • Freehold
  • Eight Individual Studio & One Bedroom Apartments
  • Fully Tenanted
  • 3527 Approx Total Sq Ft
  • 0.15 Acre Plot
  • Magnificent Victorian Coversion
  • Prestigious Cul-De-Sac

Description

A MAGNIFICENT VICTORIAN SEMI-DETACHED property which has been CONVERTED INTO EIGHT INDIVIDUAL STUDIO AND ONE BEDROOM APARTMENTS and occupying an overall plot of 0.15 of an acre. Generating a yearly rental income of £68,220 resulting in an APPROXIMATE GROSS YIELD of 5.9%. This fine period property is located on a prestigious cul-de-sac within strolling distance to West Didsbury Village and trendy Burton Road. 3527 Sq Ft.


This magnificent Victorian Cheshire interlocking semi-detached property has been converted into eight individual apartments, and offers accommodation over four floors, including a basement conversion.

The apartments are well-presented throughout and this property represents a blue chip investment.

Each of the apartments are currently let out on Assured shorthold tenancies, generating a combined yearly income of £68,220 representing a Yield of 5.9%

An internal inspection will reveal;

Ground floor
Apartment 1 (Studio) – achieving a rental income of £695 pcm
Apartment 2 (One bedroom duplex apartment) - achieving a rental income of £795 pcm
Apartment 3 (One bedroom duplex apartment) - achieving a rental income of £720 pcm

First Floor
Apartment 4 (One bedroom apartment) - achieving a rental income of £775pcm
Apartment 5 (Studio apartment) - achieving a rental income of £600 pcm

Second Floor
Apartment 6 (One bedroom apartment) - achieving a rental income of £675 pcm
Apartment 7 (One bedroom apartment) - achieving a rental income of £775pcm

Lower Ground Floor
Apartment 8 (One bedroom apartment accessed via a private entrance to the rear of the building) - achieving a rental income of £650 pcm.

Externally, the property is approached via a tarmac driveway which returns across the width of the frontage, providing off road parking. A pathway leading along the side of the property opens into the impressive shared gardens with a large expanse of lawn extending over 110ft. There is also a timber bike store.

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Moorfield Road, Didsbury, Greater Manchester, M20

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Burton Road Tram Stop0.4 miles
  • West Didsbury Tram Stop0.5 miles
  • Withington Tram Stop0.6 miles
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About the agent

Philip James Kennedy, Didsbury

679-681 Wilmslow Road, Didsbury, Manchester M20 6RA

Philip James Kennedy, Didsbury

Philip James Kennedy are part of the industry recognised Philip James Estate Agency Network. A privately owned independent company, Philip James emerged as market leader in 2008 in both sales and lettings for the areas of Didsbury, Heaton Mersey and Manchester City Centre. In this more challenging market, clients expect an estate agent who is dynamic, driven, has innovative sales and marketing ideas and achieves results.

Principal Robert Kennedy has been proactively marketing property i

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference DIS240107. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Philip James Kennedy, Didsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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