4 bedroom semi-detached house for sale For Sale

£550,000

   

ROI = 6% BMV = 16.62%
Description

CALLING ALL INVESTORS - An exciting 'off the shelf' buy to let investment in a prime West Didsbury location, close to Burton Road. Currently fully let with an annual income of £28,500 but with obvious potential for growth, this attractive period home is divided into 4 apartments, 3 of which are in the main body of the building, and the 4th being a garden apartment with its own access at the rear. In addition there is an unconverted cellar. There is a secure communal entrance at the front. On the ground floor is apartment 1, a spacious Studio apartment with a large living/ bedroom space at the front, with a separate good sized kitchen and bathroom. In fair condition. Currently achieving £455/ month. On the first floor the communal landing leads to apartment 3 - a particularly generous 1 bedroom apartment with a spacious lounge/ diner, separate kitchen, double bedroom and modern family bathroom. All in good, modern condition. Currently achieving £700/ month. On the second floor is apartment 4 - another well proportioned 1 bedroom apartment with a lounge/ diner, separate kitchen, double bedroom and bathroom. Whilst a little dated, this apartment is immaculately maintained. Currently achieving £500/ month. Positioned at the rear is apartment 2 - the garden apartment with its own separate entrance. This very modern studio apartment comprises a hallway, lounge area opening to the bedroom space, a fantastic kitchen/ diner which has glazed double doors opening to the rear, and a modern family bathroom. This apartment currently enjoys sole use of the rear garden which is a good size, largely paved for low maintenance and has lockable gated access from the side. Currently achieving £700/ month.

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Property Details
  • Property ID: 150786728
  • Added On: 2025-01-29
  • Deal Type: For Sale
  • Property Price: £550,000
  • Bedrooms: 4
  • Bathrooms: 1.00
Amenities
  • BUY TO LET INVESTMENT
  • CURRENT INCOME OF £28,260/ ANNUM
  • 4 SELF CONTAINED APARTMENTS
  • PRIME WEST DIDSBURY LOCATION
  • UNCONVERTED CELLAR
  • WELL MAINTAINED CONVERSION