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Bankfield Avenue, Victoria Park, Manchester, M13

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

2

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

  • Let for £4112.52pcm inc bills
  • Yield of over 10%!
  • Licensed for 6 tenants
  • History of being let to sharing tenants
  • Recently renovated
  • Close to Local Universities & Hospital

Description

This six bedroom student HMO was recently renovated and is achieving a monthly rent of £4112.52pcm inclusive of utility bills. The current owners obtained planning permission in 2022 and the renovation was signed off by building control in 2024. The HMO licence was granted for 6 tenant in January 2025. We were impressed by the high quality finish and the attention to detail, such as the designer radiators and fully tiled shower rooms.

The property briefly comprises of;

Entrance hallway leading to the ground floor front bedroom and the open plan kitchen/living/dining space. The owners have created a storage area in the back garden which is ideal for tenants wishing to store bikes or hang washing etc. To the first floor there are three double bedrooms and a shower room, and there are a further two bedrooms and shower room to the top floor. 

The property is located approximately 0.7 miles to the Manchester Royal Infirmary (MRI) and approximately 1.3 miles from the University of Manchester (UoM). Several bus routes run from Dickenson Road (approximately 0.2 miles away) to the universities and the city centre. There are several other 6 bedroom student properties on the same road, and on the surrounding streets. 

In terms of the established C4 use, the owners have supplied us with a spreadsheet detailing the previous tenancies back to 2008 and have advised us that all of the corresponding information is available. The planning permission and building regulations can be found on the Manchester City Council website. 

REFERRAL ARRANGEMENT NOTE

Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargreaves Gilman, Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the broker named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £250 from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.

EPC rating: D. Tenure: Freehold,
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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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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Bankfield Avenue, Victoria Park, Manchester, M13

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About Nicholas Humphreys, Manchester

323 Wilmslow Road, Fallowfield, Manchester, M14 6NW

Why choose Nicholas Humphreys? We're Accountable.

Dan Strain, the director of the branch is intimately involved in the company on a daily basis, and is committed to delivering the results our clients expect.

All directors and partners of Nicholas Humphreys are available to speak to you personally to resolve any queries on the services we offer. A People Business

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£2,167
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference P2461. 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 Nicholas Humphreys, Manchester. 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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