Kingswood Road
Fallowfield, Manchester, M14

£375,000 Offers in excess of
Yield: 7.7%
Market Rent: £2,430pcm
411
Call Us 0161 300 9180

Features

  • Four bed student property AND commercial unit
  • FULLY let for £2430pcm inc water rates
  • 7.7% yield
  • Close to Kingsway
  • Council Tax Band: A

Description

Tenure: Freehold

Investment property with a completely separate commercial office occupying part of the ground floor with separate access to the front of the building, and a four bed student property with a separate front door accessed from the street occupying some of the ground floor and all of the first floor.

The commercial property has been let to the same tenant for many years and a front 'sales space' and a rear office with a W/C. This is currently let for £350pcm including water rates.

The student property has been let for many years and consists of an open plan living/kitchen space (on the ground floor), four good size double bedrooms, a bathroom and a second separate W/C on the first floor. The property is currently let for the 2023/2024 academic year for £2080pcm inc water rates (£120pppw). 

To the rear of the property there is a small garden which can be accessed by both the commercial property and the student property. 

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: D. Council tax band: A, Tenure: Freehold,

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