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3 bedroom semi-detached house for sale
Southlea Road, Manchester M19 1PY
£240,000
Southlea Road, Manchester M19 1PY
£240,000
Our Summary
- Investment opportunity – not available to owner occupiers
- Situated in a popular residential area of Manchester, Southlea Road, M19 1PY is a well-proportioned three-bedroom semi-detached freehold property, offered exclusively as a tenanted investment opportunity
- A detached garage provides additional storage or parking, and a large attic space presents future potential, subject to the necessary permissions
- Tenanted investment opportunity
Description
This is a three-bedroom semi-detached freehold property in a popular residential area of Manchester, offered exclusively as a tenanted investment opportunity. The property features a spacious living room, good-sized kitchen, and three well-proportioned bedrooms, as well as front and rear gardens, a detached garage, and a large attic space with potential for future development. The property is located in a quiet neighborhood with excellent access to local amenities, schools, and transport links, making it an attractive option for long-term tenants and promising stable rental income. The property is being sold with tenants in situ, allowing for immediate rental yield from day one, with a gross rent of £12,000 per year and a gross yield of 5%.