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Get brand editions for Philip James Kennedy, Didsbury

Mauldeth Road, Ladybarn, M14

PROPERTY TYPE

Apartment

BEDROOMS

13

BATHROOMS

11

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

  • Income-Producing Residential Investment
  • Seven Bedroom HMO
  • Six Self-Contained Apartments
  • Approx. 4714 Sq.Ft
  • Popular Location
  • Experienced Investors Only
  • No Onward Chain

Description

An excellent opportunity to acquire a substantial freehold, income-producing residential investment occupying a prominent corner position at 81 Mauldeth Road / 115 Egerton Road, Ladybarn.

The property comprises six self-contained one-bedroom apartments together with a seven-bedroom HMO, providing approximately 4,714 sq.ft of accommodation and currently generating a combined annual rental income of £104,820.

Situated at the junction of Mauldeth Road and Egerton Road, the property is well positioned for access to Fallowfield, Withington and Manchester’s university areas, with Mauldeth Road railway station nearby and convenient connections into Manchester city centre. Offered for sale with NO ONWARD CHAIN. 4714 Sq.




The Development conists of;

115 EGERTON ROAD – SEVEN-BEDROOM HMO

Approximately 2,152 sq.ft

The Property comprises an end-terrace building, operated as a seven bedroom HMO. The building is solid brick wall construction under a pitched roof. Windows are uPVC sealed units. Accommodation is over four floors, being basement to second floor. There is a kitchen/dining/living room on the ground floor. There are 2 ensuite bedrooms in the basement, plus a storage room. On the first floor are 2 ensuite bedrooms and on the second floor are 3 bedrooms and a shared bathroom. The Property is presented in good condition, with a modern specification.

Externally is a gravel parking area to side/rear, for circa 6 cars.


81 MAULDETH ROAD – SIX SELF-CONTAINED APARTMENTS

Approximately 2,562 sq.ft

The Property comprises a mid-terrace building with 6 flats over the three floors. There is a basement, which is unconverted and vacant and provides scope for redevelopment - subject to planning.

The building is solid brick wall construction under a pitched roof. Windows are uPVC sealed units All of the flats are presented in good condition, with a good modern specification.


Ground Floor

Flat 1 – comprises a ground floor flat with kitchen/living room, 2 bedrooms and a bathroom, 474 sq.ft

Flat 2 – comprises a ground floor flat with kitchen/living room, 1 bedroom and a bathroom, 474 sq.ft

First Floor

Flat 3 – comprises a first floor flat with kitchen/living room, 2 bedrooms and a bathroom, 420 sq.ft

Flat 4 – comprises a first floor flat with kitchen/living room, 1 bedroom and a bathroom, 344 sq.ft

Second Floor
Flat 5 – comprises a second floor flat with kitchen/living room, 2 bedrooms and a bathroom, 441 sq.ft

Flat 6 – comprises a second floor flat with kitchen/living room, 1 bedroom and a bathroom, 409 sq.ft

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.
Driveway,Off street
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Mauldeth Road, Ladybarn, M14

Approximate location

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Affordability

Monthly repayments£8,302
Property: £ 1,650,000
Deposit: £ 165,000
Interest rate: 5.36%
Term: 30 years
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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

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Disclaimer - Property reference DIS260487. 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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