10 bedroom semi-detached house for saleClifton Avenue, Fallowfield, Manchester, M14
- LARGE INVESTMENT PROPERTY
- FIVE SELF-CONTAINED FLATS
- ALL FULLY LET ON ASTs
- EXCELLENT LOCATION
- HUGE POTENTIAL TO RE-DEVELOP AND INCREASE VALUE
- PLANNING PERMISSIONS ARE IN PLACE
CONSISTING OF FIVE, SELF-CONTAINED FLATS, this is a substantial, converted, double fronted, period property. With a net income of £45,720 pa/ +6%. and offering accommodation over four levels this development is situated in an outstanding rental and residential location, close to Wilmslow Road and the centre of Fallowfield. All 5 flats are let on AST's, with a mix of studio, 2 beds & 3 beds. Three of the flats have been recently updated & modernised. Featuring off road parking to the rear plus communal gardens, this is a SUPERB OPPORTUNITY TO PURCHASE an established, ON-GOING INVESTMENT PROPERTY.
Visit our office to view planning application for further development potential relating to flats or visit the following web-link, online: www.manchester.gov.uk/info/200074/planning/5865/planning_permission
The vendor has spoken with Manchester City Council and been advised that approved planning would not constitute a licensed HMO property. All interested parties should however as always, rely upon their own enquiries.
Communal Entrance Hall - AN OUTSTANDING OPPORTUNITY TO PURCHASE A READY TO GO INVESTMENT PROPERTY IN A MUCH SOUGHT AFTER LOCATION. Visit our office to view further details on planning for further improvement to the property or go to;
. The vendor has made checks with MCC and they confirmed the planning approved would not constitute a licensable HMO. All interested parties should make their own enquiries with MCC.
Flat One: - Ground floor. Recently refurbished and providing 3 bedrooms, Open plan lounge/kitchen and shower room.
net rent £13400
Lounge Area: 11'0 x 10'0 (3.35m x 3.05m)
Kitchen Area: 8'6 x 6'6 (2.59m x 1.98m)
Bedroom One: 17'0 x 14'8 (5.18m x 4.47m)
Bedroom Two: 18'0 x 14'7 (5.49m x 4.45m)
Bedroom Three: 11'1 x 9'0 (3.38m x 2.74m)
Shower Room: 6'0 x 5'10 (1.83m x 1.78m)
Flat Two: - First floor. Large 2 bedroom flat. Recently renovated. Open Plan Lounge/Kitchen and shower room.
net rent £9090
Lounge Area: 11'10 x 11'2 (3.61m x 3.40m)
Kitchen Area: 10'11 x 4'6 (3.33m x 1.37m)
Bedroom One: 11'2 x 9'0 (3.40m x 2.74m)
Bedroom Two: 10'3 x 8'2 (3.12m x 2.49m)
Shower Room: 6'2 x 5'11 (1.88m x 1.80m)
Flat Three: - First floor. 1 bedroom flat. Recently fitted shower room. New carpets.
net rent £6000
Lounge: 16'11 x 9'0 (5.16m x 2.74m)
Kitchen: 10'1 x 5'4 (3.07m x 1.63m)
Bedroom: 15'0 x 11'2 (4.57m x 3.40m)
Shower Room: 5'5 x 4'9 (1.65m x 1.45m)
Flat Four: - Second floor. Studio flat. Separate kitchen and bathroom, lounge/bedroom.
net rent £5160
Studio 15'5 x 14'9 (4.70m x 4.50m)
Kitchen:10'2 x 9'0 (3.10m x 2.74m)
Shower Room: 8'3 x 4'10 (2.51m x 1.47m)
Flat Five 19A Clifton Avenue: - Lower ground floor apartment. Dedicated external entrance, three bedrooms, two shower rooms, fitted kitchen and lounge.
net rent £12225 (new rent in summer 2018 of £14279).
Lounge:17'10 x 14'5 (5.44m x 4.39m)
Kitchen: 10'7 x 9'4 (3.23m x 2.84m)
Bedroom One:16'8 x 14'2 5.08m x 4.32m)
En-Suite: 9'2 x 5'3 (2.79m x 1.60m)
Bedroom Two: 16'6 x 14'4 (5.03m x 4.37m)
Bedroom Three: 8'4 x 5'6 (2.54m x 1.68m)
Shower Room: 10'5 x 4'2 (3.18m x 1.27m)
General: - Flats 19A/Flat 1 & 2 have recently been rewired. Hardwired smoke alarms. CO2 detectors. All boilers have either British Gas service contracts or are Worcester boilers with between 5-7 years warranties.
These flats have been hard wired with CAT 6 cables running to bedrooms and also CAT 6 cabling for future door entry system.
19A has full insulation / fire protection and sound tested 30mm sound block plaster board between it and flat 1.
*PLEASE NOTE* Information provided by current vendor and would need to be checked by your solicitor for verification.
£1,000 worth of inter-linked heat and fire detection equipment was added in Jan 2018.
Outside: - There is a driveway leading to the side and rear of the property with garden and some parking at the rear. Bin storage created to front/side of building.
Please note that we have not checked any of the appliances or the central heating system included in the sale (if any). All prospective purchasers should satisfy themselves on this point prior to entering into a contract.
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