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7 bedroom end of terrace house for sale

Derby Road, Fallowfield, Manchester, M14 6RE

Removed £490,000

Property Description

Key features

  • Buy to Let Investment
  • 8% Yield
  • Let until July 2017
  • Guarantee of tenants for 2017/18
  • Fully licensed property
  • Superb location
  • Fully furnished

Full description

Buy to Let investment, the asking price represents an 8% rental yield.

We are pleased to offer this 7 bed student house, all bedrooms are doubles. A full renovation and conversion has been undertaken by the current owner including: Converted by current owner, including: full re skim, full re wire, insulated in EPC grade A, new smart central heating system, new UPVC windows, new damp proof course and full internal fit out. The property has a HMO license and is fully compliant with building regs.

The property is fully furnished to a very high standard, all bedrooms have fitted furniture and a TV is provided in every room.

The open plan plan kitchen and dining room has fitted seating and fitted appliances. The living room has a custom made sofa, large TV and projector screen.

Currently let at £112 per person per week (total £3,397.33 per month) including bills. The property is let from the 1st of July 2016 on a 12 month contract with July half rent. Rental income of £39,069.29 per annum.

We would advertise for £114 pppw including bills from the 1st July 2017 and would expect to have a new group of tenants signed up before February 2017.

Listing History

Added on Rightmove:
03 November 2016

Map & Street View

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