Nuneham Avenue, Manchester
£625,000

Welcome to Nuneham Avenue. A fantastic opportunity to purchase this period property situated on a premium road in a great location with many other large HMO student lets which are within the area. The location is perfect being minutes away from both Withington and Fallowfield with excellent transport links, shops and local amenities for any students living at the property. The property has always been let as a full building for students and has never been empty with a HMO license in place. The property is generating a 5.4% yield (at the current list price) achieving £33,800 PA.

The property current has 5 bedrooms with large communal areas within the house. The ground floor comprises; large entrance hallway, spacious lounge with large bay to the front elevation, bedroom, large communal kitchen/diner and stairs to the first floor with additional stairs to the basement. To the first floor are three bedrooms, two bathrooms and stairs to the second floor which has a large bedroom. Due to the size of the building, there is great potential to modify the current layout to gain further bedrooms which in turn would increase the yield. The basement offers great space for conversion STPP with suitable access from within the building and also externally. The basement has great head height and definitely prime for conversion. We believe this space could accommodate three rooms and a further bathroom.

FREEHOLD.

The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their solicitor or surveyor. References to the tenure of a property and guarantees are based on information supplied by the seller. The Agent has not had sight of the title documents or guarantees relating to the property advertised. A buyer is advised to obtain verification from their solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

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