5 Bed Terraced House For Sale
New Barns Avenue, Manchester
M21 7DG
Added 10 Aug 2023
Property Details
Property Type
Terraced House
Bedrooms
5
Location
M21
Description
For any interested INVESTORS the property is currently rented as a licensed 5 Bedroom HMO. Located in an ideal spot for professionals and with all the amenities available rooms can be let in the region of £575 - £650pcm with an estimated rental potential of £36,000PA (including bills). This would generate a yield of 8.5% gross profit.
There is scope to extend in to the loft to add two additional rooms and create a 7 bedroom property. This could increase the gross profit to over £50,000PA (inc bills).
The property consists of covered entrance with outside storage to the front. As you enter the property you have two reception rooms/ bedrooms. There is useful understairs storage as well as a downstairs W.C. and a separate utilities room! You can access the back garden from the utilities room or the rear reception room via double patio doors. The rear garden is low maintenance with shale gravel surrounded by patio. A gate at the back takes you out to the secure parking to the rear. There is also access to your own single garage unit with plug sockets and lighting.
On the 1st floor: There is a large kitchen to the rear with space for a breakfast/dining table. To the front there is also a large living / dining space. On the 2nd floor there is a family bathroom with bath and overhead shower, a master bedroom with en suite and two further double bedrooms. There is also a storage cupboard/ boiler cupboard.
This property is ideally located being just a 10 minute walk to both Beech Rd in the heart of Chorlton and Burton Road in the heart of West Didsbury. You are also close to Barlow Moor Road Metro Link Station taking you in to the city center from door to door in under 30 minutes. There are also great transport links to the M60 motorway making this a highly sought after area.
Additional Information:
- Council Tax:
Band E - Energy Performance Certificate (EPC) Rating:
Band C (69-80)
Location
Nearby Properties
Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Ewemove directly to verify availability, arrange viewings, and obtain comprehensive property documentation.
Listed by
Ewemove
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