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SOLD STC

Egerton Road, Fallowfield, M14

PROPERTY TYPE

Apartment

BEDROOMS

12

BATHROOMS

12

SIZE

7,653 sq ft

711 sq m

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

Description

A fantastic opportunity to acquire a prime development consisting of four, four storey houses that have each been converted to provide three one bedroom apartments, located in the heart of Fallowfield village and striking distance of both Didsbury and Withington villages. generating a yearly income of £100,260 representing a yield of 6.68%. offered for sale to cash buyers and experienced investors only. All properties have undeveloped cellars with scope for further development in to apartments subject to planning.

The development is split into three blocks, each with separate entrances. Blocks 105 and 111 are entered to the rear of the building, both having a staircase and small landing area, with a single flat to each floor. 107 and 109, both share the same entrance at the front of the building, and there are two flat to each floor, with shared communal staircases and landings.

There are ten x one bedroom apartments, all with entrance hall, bedroom, bathroom and living room and separate kitchen. Both of the top floor apartments in 107 and 109 are studio apartments, comprising of living room/bedroom, kitchen and shower room.

Each of the flats are currently let out, generating a combined yearly income of £100,260 representing a yield of 6.68%

The front of the property is approached via an area of garden frontage, with a path leading up to the entrance for blocks 107 -109. To the rear is a carpark providing residents parking for 14 vehicles, with access to blocks 105 & 111 and the cellar chambers which span the foot print of the whole development.

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: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Egerton Road, Fallowfield, M14

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mauldeth Road Station0.3 miles
  • Burnage Station1.0 miles
  • Levenshulme Station1.1 miles
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About Philip James Kennedy, Didsbury

679-681 Wilmslow Road, Didsbury, Manchester M20 6RA
Industry affiliations:

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 in Didsbury Village and the surrounding areas for 15 years. Located in an unrivalled corner position, the office gives a prestigious platform for the marketing of residential properties and boasts a unique computer system for marketing homes, complimented by a specialist estate agency team, long established in Didsbury Village.

Philip James Kennedy attracts property across all price ranges within Didsbury and carries an ever changing portfolio of new developments and period conversions.

To arrange a valuation, viewing or for general enquiries, please call 0161 448 1234, or email didsbury@philipjames.co.uk

Your mortgage

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Years
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Monthly repayments
£7,002
We think you can borrow up to
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Disclaimer - Property reference DIS240524. 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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