9 bedroom terraced house for sale

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9 bedroom terraced house for sale

Egerton Road, Fallowfield, M14
£625,000

Price History

Initial price £720,000
02/10/24 £675,000
19/11/24 £625,000
Price Change -13.19%

Description

This stunning Victorian semi-detached property has been converted into a nine-bedroom HMO, generating a significant yearly rental income of £53,625.33 and a gross yield of 8.5%. Situated on a sought-after road in Fallowfield, the property is close to Mauldeth Road train station and Manchester City Centre, making it an attractive investment opportunity. The property boasts a bright and spacious open-plan shared living area, a modern dining kitchen, and lounge with double doors leading out to the garden. The upper floors feature four double bedrooms each, served by contemporary shower rooms. With a freehold tenure and no onward chain, this property is offered for sale with a tenancy agreement in place from July 31st 2024 until June 30th 2025, achieving a rental income of £4,875.03 per month.