45 bedroom property for saleWellington Road, Fallowfield, Manchester, Greater Manchester, M14
- 45 bedrooms
Full descriptionInvestment Opportunity in Fallowfield, Manchester
• 45 rooms over 9 self-contained five bed houses
• 100% let to Manchester university students
• Freehold available
• New build development (2011 with NHBC available)
• All in very good condition
• Passing rent £257,000k pa. (2016/2017)
• 8.43% Gross Initial Yield
The property is located in Manchester within Fallowfield approximately 1.8 miles from the University of Manchester main campus and 0.7 miles from Manchester University Fallowfield campus which is home to several halls of residence. The area is popular with students and the property is approximately 1 mile from Mauldeth Road train station which provides fast connections into Manchester city centre.
The property is approximately 3.3 miles from the Manchester Piccadilly 3 miles from Manchester Oxford Road station.
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