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£450,000

Ladybarn Road, Fallowfield, Manchester, M14

  • 6 beds
End of terrace

£450,000

  • 6 beds
End of terrace
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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** Block viewing by appointment only on Monday 29th July 2024 **
Please call or email the office to book a viewing slot.

Nicholas Humphreys are delighted to bring this six bedroom student investment property to the market. The property is let for ?3828pcm inc of bills, producing a yield of just over 10%! The property has an HMO license for 6 people and the vendor informs us that he has the proof of C4 use (ie being let to sharing tenants) for 10+ years.?

Just a 5 minute walk to Wilmslow Road and the 142 bus route, the property is surrounded by other student properties and is just a few minutes from Sainsburys.?

The property briefly comprises of;

Entrance hallway with doors leading to the ground floor front bedroom and the sociable open plan living/kitchen/dining space to the rear of the property. There is a door leading to the small low maintenance rear yard. The dining table shown in the photos will not be included in the sale, the owner will replace this with another table.?

?To the first floor there are two bedrooms and a shower room, and a cupboard for the washer drier.

To the second floor there are three bedrooms and a shower room.

The current owner has equipped the bedrooms with fitted desks and storage space, this not only looks great but should also save the future owner maintenance costs of replacing furniture, it's also a great use of space and can make the bedrooms look more spacious.?

REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargeaves 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.

Council tax band: B, Tenure: Freehold, EPC rating: E

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£1,250
Mortgage and legal costs:
£999
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