Bellot Street, Cheetham Hill

£399,950
  • Ref: 481
  • Bedrooms: 5
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold
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Property Features

  • Investment
  • 4 Studio plus 1x 2 bed Flat
  • Separate Meters
  • Close to City Centre
  • Potential To extend

Property Summary

Investment property
Two studio flats on Ground floor
2 bed flat on first floor
2 Studio flats on second floor

Currently making 27k per annum
Fully occupied
Situated close to Manchester City centre, and all local amenities
Potential to expand with correct

Full Details

Currently making 27k Investment
Situated close to Manchester city centre and benefiting from local amenities, shops and schools with good transport links.
This investment is a large detached property that is currently split into four studios and one two bedroom flat.
The studios comprise:- open plan kitchen and self contained bathrooms and ground floor rent at 432 per month each
The studios on the second floor have open plan kitchen and self contained bathroom and rent at 390 per month each
The 2 bed flat on the first floor comprises:- 3 rooms a kitchen and a bathroom and rents at 600 per month.
The rental charged is currently below market value so there is room for uplift on the rents, the property is also detached and there is room for extension with the correct planning.
Council Tax A
and all studios and flats are on a separate meter and own council tax bill

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.