Egerton Road
Manchester, M14

£450,000
Market Rent: £3,250pcm
621
Call Us 0161 300 9180

Features

  • Let for £3250pcm inc bills
  • 8.6% yield
  • Driveway parking and large rear garden
  • Licensed HMO
  • Open plan kitchen/diner/living room
  • Popular student location
  • Council Tax Band: C

Description

Tenure: Freehold

Nicholas Humphreys are delighted to bring this large semi-detached six bedroom licensed student HMO to the market. The vendor informs us that the property has been let to students since before 2011, and there is a current HMO license for 6 people which was granted in 2022.

The property is let for £3250pcm including water charges, gas, electricity and broadband, we believe there is substantial scope for rental increase based on other properties that are let in the local area. 

The property has been extended by the current owner, and there is evidence of the planning permission and the building regulations on the Manchester City Council website. This has resulted in six VERY spacious bedrooms, and a large open plan space with patio doors leading out to the large rear garden. 

The property briefly comprises of;

Entrance hall which leads to the three ground floor bedrooms, a ground floor shower room, and the impressive open plan kitchen/living/dining space with doors leading to the rear garden, where there is also a garage. 

On the first floor there are a further three double bedrooms and a second bathroom. 

To the front of the property there is a driveway. 

REFERRAL ARRANGEMENT NOTE
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.
 

EPC rating: C. Council tax band: C, Tenure: Freehold,

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