6 bedroom Terraced House For Sale

Spacious six-bedroom HMO set on a sought-after leafy road in the heart of Fallowfield, complete with a certificate of lawful C4 use. Benefitting from having tenants secured for the 2026/27 academic year for £3690pcm ex bills  offering a yield of over 9.6%. The property is set over three floors (plus a basement) and has six large Double bedrooms, a spare seventh room and three Bathrooms, the property also benefits from high ceilings throughout, ample garden and plenty of street parking. The Vendor informs us that all Licences and safety certificates are current and up to date. 

Large six bedroom licenced HMO property situated on a popular leafy road in the centre of Fallowfield. The property is split over four floors (the basement is not currently used) and benefits from a good size rear garden. The tenants benefit from a spare seventh bedroom and we believe that there is scope to reconfigure the property to add more value and increase the rental income even further. 

The property benefits from an HMO licence for six people which was granted in 2023. The rental income for the 2026/2027 year is £3690pcm excluding bills, the tenants have chosen a bills inclusive package, taking the rental income to £4366pcm inclusive of utility bills. The property benefits from having a certificate of lawful C4 use granted in 2023.

The front garden is paved leading up to the entrance way and open hallway with 3 Large bedrooms downstairs with a shower room, Toilet and Basin. The First floor compromises of Large Lounge area with Big Bay window facing out to the front of the property, modern Kitchen,  one Large bedroom and two full shower rooms with Toilet and Basin. The 2nd Floor benefits from two large bedrooms and a spare/box room. There is a Large back garden which is entirely fenced in and a cellar which is currently unfinished but if planning could be obtained could be converted into further bedrooms or Living space. Please note photos are not recent.

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: E. Council tax band: C, Domestic rates: £1940.46, Tenure: Freehold, Planning permissions: Certificate of lawful C4 use Mobile signal information: 4G 5G