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£360,000

Filey Road, Fallowfield, Manchester, M14

  • 5 beds
Terraced house
Under offer/SSTC

£360,000

  • 5 beds
Terraced house
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Estimate monthly mortgage payment:

£1,643 per month

Minimum deposit amount:

£18,000
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Nicholas Humphreys are proud to present a very rare to market, 5 bedroom Student HMO based in the very desirable hub of Fallowfield.

The current owners have let the property to students for well over ten years, and are currently in the process of agreeing a let on the property for the 2023/2024 academic year for ?95pppw excluding bills (?2058.33pcm). We believe that there is huge scope for rental increase on this property and have numerous examples of other properties let on the same road and others within a 1/4 of a mile.

To the ground floor there is an entrance hallway, a good size bedroom at the front, a shower room and an open plan living/kitchen space, which leads out to the rear yard, perfect for storing bikes and giving the tenants space to have a BBQ etc.

On the first floor there are four further bedrooms and a second W/C.?

Centrally located on highly demanded Filey Road, this is an ideal opportunity for an investor to add to their portfolio by owning in an A1 location.

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Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to 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 conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of ?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.

Council tax band: B, Tenure: Freehold, EPC rating: D

Your estimated purchase costs

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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