Schuster Road
Victoria Park, Manchester, M14

£1,150,000
1392
Call Us 0161 300 9180
Features

Features

  • Let for £98,000 p/a inc utilities
  • 6 and 7 bed licensed HMOs
  • Advertised for next year for £105,040
  • Large plot
  • 8.5% yield
  • 5 Minute walk from Wilmslow Road
  • Driveway parking
  • Large bedrooms throughout
  • Council Tax Band: B
Description

Description

Tenure: Leasehold

Nicholas Humphreys are delighted to bring this huge pair of townhouses to the market which are both let to students for the 2023/2024 academic year for a total of £98,000 inclusive of utility bills. The properties are advertised for the 2024/2025 academic year for a total of £105,040 inclusive of utility bills, which would produce a yield of over 9%!

52 Schuster Road is a seven bedroom property, with each bedroom having its own en-suite shower room. The property is let for £54,600 inclusive of gas, water, electric and internet. 52 Schuster Road also benefits from fitted wardrobes in the bedrooms. 

52a Schuster Road is a six bedroom property with two bathrooms. The property is let for £43,400 inclusive of gas, water, electric and internet. 

52 Schuster Road - Council tax band B, EPC rating C

52a Schuster Road - Council tax band C, EPC rating C 

Both properties benefit from parking and a large rear garden. There is a 999 lease which started in January 2002. 

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: B, Tenure: Leasehold,

Additional information

  • Included bills: Electricity, gas

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