Platt Lane, Manchester, M14

Spacious Extended Home with Self-Contained Side Flat & Excellent Investment Potential - Platt Lane, Manchester, M14

Lancashire Properties are delighted to present an excellent opportunity to acquire a substantial extended semi-detached property in the popular Fallowfield area of Manchester, offering flexible accommodation across a main family home and an additional side-extension flat.

The property is particularly appealing to both owner-occupiers and investors, providing the opportunity to enjoy a spacious family residence while also benefiting from an additional rental income stream.

The main house comprises a welcoming living room, a fitted kitchen and bathroom to the ground floor, with three spacious bedrooms and a further bathroom to the first floor. The generous bedroom accommodation makes the property well suited to families looking for additional space in a convenient Manchester location.

To the side of the property is an extended self-contained flat, comprising two rooms, a kitchen and a bathroom. This additional accommodation provides excellent flexibility and could be particularly attractive to investors seeking a property with multiple income streams.

Investment Opportunity:

The property offers an attractive investment proposition due to its location and versatile configuration.

The main house is expected to generate approximately £1,400 per calendar month in rental income, subject to market conditions and the agreed tenancy.
The side-extension flat is currently producing £1,000 per calendar month in rental income.
Combined potential/current rental income is therefore approximately £2,400 pcm, equivalent to £28,800 per annum before expenses, voids, management costs and other landlord liabilities.
The property's two-unit configuration provides an opportunity to diversify rental income rather than relying on a single tenancy.

With its spacious accommodation, additional side flat and established rental income, Platt Lane represents an attractive long-term investment opportunity in a well-connected part of Manchester.


Location & Nearby Amenities

The property benefits from convenient access to public transport, green spaces, supermarkets, healthcare facilities, universities and Manchester's city-center attractions.

1. Bus Stops - Hart Road / Platt Lane: approximately 0.06 miles / 1-2 minutes' walk.
2. Holford Avenue Bus Stop: approximately 0.06-0.09 miles / 2 minutes' walk, providing another nearby public transport option.
3. Mauldeth Road Station: approximately 1.49 miles, providing rail connections towards Manchester and beyond.
4. Platt Fields Park: approximately 0.62-0.75 miles / 13-16 minutes' walk, offering extensive green space, walking routes, recreational facilities and a popular local park environment.
5. ALDI, 143 Lloyd Street South: approximately 0.62 miles / 13-15 minutes' walk, providing convenient everyday grocery shopping.
6. Sainsbury's, 347 Wilmslow Road: approximately 0.62-0.75 miles / 13-16 minutes' walk, providing another major supermarket option.
7.Fallowfield local shopping & Wilmslow Road: approximately 0.62 miles / 12-15 minutes' walk, offering a wide selection of shops, restaurants, cafés and everyday amenities.
8. Manchester Royal Infirmary: approximately 1.55 miles / 30-35 minutes' walk, with convenient bus connections also available from the surrounding area.
9. The Christie NHS Foundation Trust (Main Site): approximately 1.86 miles / 35-40 minutes' walk, one of the area's major specialist healthcare facilities.
10. University of Manchester / Oxford Road university area: approximately 1.55-1.86 miles / 30-35 minutes' walk, making the location attractive to students, university staff and professionals.


The postcode's transport data confirms that several bus stops are within approximately 90-150 metres of the property, while Mauldeth Road is the closest railway station at around 2.4km.


Notice:
The above property details should be considered as a general guide only for prospective purchasers. Lancashire Properties does not have any authority to give any warranty in relation to the property.
We would like to bring to the attention of any purchaser that we have endeavoured to provide a realistic description of the property, no specific survey or detailed inspection has been carried out relating to the property, services, appliances and any further fixtures and fittings/equipment.
If double glazing has been stated in the details , the purchaser is advised to satisfy themselves as to the type and amount of double glazing fitted to the property.
We recommend all buyers to carry out their own survey/investigations relating to the purchase of any of our properties.
The mention of any appliances and/or services within these sales particulars does not imply they are in full and efficient working order.
While we endeavour to make our property details accurate and reliable, if there is any point, which is of particular interest to you, please contact the office and we will be pleased to check the information.

Council Tax Band: A (Manchester City Council)