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Albert Road, Manchester M19 6 bed end of terrace house for sale
Albert Road, Levenshulme, Manchester, M19
£325,000
Albert Road, Levenshulme, Manchester, M19
£325,000
Our Summary
- A large PERIOD END TERRACE close to LEVENSHULME Train Station, currently presented as a 6-bedroom HMO INVESTMENT OPPORTUNITY, with FURTHER DEVELOPMENT POTENTIAL subject to relevant permissions
- HMO INVESTMENT OPPORTUNITY
- HMO investment opportunity
- Hmo investment opportunity
- SIX BEDROOM HMO WITH FURTHER POTENTIAL
- Six bedroom HMO with further potential
- Six bedroom hmo with further potential
Description
This period end terrace property on Albert Road, Levenshulme, offers a unique investment opportunity with further development potential, subject to relevant permissions. Currently configured as a 6-bedroom HMO, the property generates £41,800 in gross annual rent, providing a 12% gross rental yield. The property features a mix of en-suite shower rooms, kitchenettes, and shared kitchen facilities across three floors. The property is garden-fronted with a driveway and enclosed patio, and benefits from a convenient location near Levenshulme Train Station, local amenities, and popular parks. Tenants are currently paying inclusive rents, with the exception of electricity for individual bedrooms, which are subject to PAYG meters. The property is available with vacant possession or as a going concern, offering a lucrative investment opportunity for the right buyer.