6 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- 8% yield! Let for £2850pcm exc bills
- Huge scope for rental increase
- Certificate of lawful C4 use
- HMO license for 6 people
- Walking distance to the Universities
- Large open plan living kitchen space
* Block viewing by appointment only on Monday 29th July 2024 *
Please call or email the office to book a viewing slot.
Nicholas Humphreys are delighted to bring this six bedroom student HMO property to the market. The property is currently let for £2850pcm excluding bills, we believe there is huge scope for rental increase on the property and have a number of comparable properties which we can share within a 1/4 mile. The Universities are both within easy walking distance and Wilmslow Road is around a four minute walk, which leads straight in to Oxford Road.
The property comes with the HUGE benefit of having been granted a certificate of lawful C4 use earlier this year, which should make the purchase and any borrowing on the property very straight forward. There is a current HMO license for 6 people.
The property briefly comprises of;
Entrance hallway with a door leading to the spacious open plan kitchen living space. In this space there is a breakfast bar, an exposed brick chimney breast and a utility room and W/C to the rear of the property. All of the bedrooms are situated on the first and second floor which is very rare and often a big selling point for any potential tenants. There is also a cellar which is currently not being used.
To the first floor there are three bedrooms, a bathroom and a separate shower room. To the top floor there are three further bedrooms.
There is a low maintenance rear yard with a picnic bench.
REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargeaves 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.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference P2685. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholas Humphreys - Manchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 25, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 25, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 9, 2021 from 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.