4 bedroom Terraced House For Sale
Offers in excess of £330,000 | Available
Student Investment Opportunity, ideally situated centrally to Fallowfield. Let out to students currently for £3033 pcm inc bills , producing a yield of 8.6%
Welcome to Landcross Road this well presented property offers a great turnkey investment opportunity in a central location.
The property is currently let and has a new tenancy which started on the 1st July 2026 for the 2026/27 academic year.
The property has a history of being let to students since 1985, with the last ten years tenancy agreements to support this. Its currently Let to students for the current academic year with a rent of £3033 inc bills, representing a yield over 8.6% after bills. The bills cost circa £5000 per annum. The vendor currently offers half rent in July and August, we believe there is scope to increase the rent further if a 12 month tenancy is in place.
The property briefly comprises; Ground floor there is a lounge and separate kitchen, offering plenty of worktop/cupboard space. One bedroom is on this floor. To the first floor are the further three bedrooms and bathroom. To the rear is a private enclosed garden offering a place to relax and handy bike storage.
Fallowfield
Located around 3 miles south of the City Centre, Fallowfield is synonymous with students, according to the 2021 census over 50% of the population are students. Home to the famous Wilmslow Road bus corridor, Fallowfield has fantastic access to the City Centre and to the Universities. It is estimated that around 1,800 buses pass along the Wilmslow Road / Oxford Road corridor every single day, so you can see why students are keen to live close to Wilmslow Road. There are a number of cafes, bars and a very large Sainsburys off Wilmslow Road, as well as the exciting new development at Owens Park, expected to house a total of 5400 students. There are often student deals and events held at the likes of 256 and The Friendship Inn. There are two gyms in the centre of Fallowfield (Muscle Manor and The Gym Group), and The University of Manchester's Sports Centre (The Armitage) is located on Moseley Road, unsurprisingly, a very popular road for students. It is thought that some of the road behind Moseley Road, such as Brailsford Road and Braemar Road are almost 90% occupied by students.
Why Manchester?
Manchester is one of the UK's most popular student cities, home to more than 100,000 students studying at its two major universities, The University of Manchester and Manchester Metropolitan University. Every year, students from across the UK and around the world choose Manchester for its excellent universities, vibrant city life and strong career opportunities after graduation. The University of Manchester is a Russell Group institution and was ranked 35th in the world in the QS World University Rankings 2026, helping to cement Manchester's reputation as a leading destination for higher education.
Property Management
With legislation and regulatory requirements continually evolving, many landlords prefer a more hands-off approach to property management. At Nicholas Humphreys, we offer a comprehensive management service for student properties, giving you peace of mind that your investment is in experienced hands. Contact our office for an informal discussion about how we can support you and tailor our services to your needs.
REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargreaves 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. EPC rating: D. Council tax band: B, Domestic rates: £1697.91, Tenure: Freehold, Mobile signal information: 4g & 5g
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