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2 bed flat
Ladybarn Lane, Manchester, M14
Auction Planning
£290,000
Next Steps
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Our Summary
- To be sold by online auction
- Fantastic investment opportunity
- TO BE SOLD BY AUCTION ON 1ST - 2ND JULY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- Occupying a prominent position on Ladybarn Lane, the property is offered with vacant possession and presents a ready-made investment opportunity requiring only minimal cosmetic improvement before being reintroduced to the rental market
- However, current market evidence suggests that comparable two-bedroom apartments in the area are achieving rents in the region of £1,400 per calendar month, providing the potential for a combined gross rental income of approximately £33,600 per annum when fully let
- Subject to obtaining any necessary planning permissions and statutory consents, the property may offer further asset management opportunities through reconfiguration or conversion to a House in Multiple Occupation (HMO)
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Description
The property is a freehold two-unit apartment building occupying a prominent position on Ladybarn Lane, Fallowfield. It comprises two self-contained two-bedroom apartments, each with a living area, kitchen, two bedrooms, and a bathroom. The total area and layout of the property allow for reconfiguration or conversion to a House in Multiple Occupation (HMO) subject to planning permissions, and it is situated close to universities, hospitals, and Manchester City Centre, with excellent transport links.