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9 bedroom terraced house for sale
Egerton Road, Fallowfield, Manchester, M14
£625,000
Egerton Road, Fallowfield, Manchester, 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 impressive Victorian semi-detached property is a nine-bedroom HMO generating a significant yearly rental income of £53,625.33, resulting in a gross yield of 8.5%. Located on a sought-after road in Fallowfield, the property is close to Mauldeth Road train station and within easy reach of Manchester City Centre and local amenities. The well-presented and recently updated accommodation features an extended open-plan communal living area, modern dining/kitchen, and lounge, as well as nine double bedrooms and contemporary shower rooms. The property also boasts a beautiful garden with a large lawn and paved patio area, perfect for socializing. With a freehold Council Tax Band of D, this property offers a lucrative investment opportunity with a high rental yield.