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Offers in excess of
£325,000

5 bedroom terraced house for sale

Banff Road, Manchester M14
Added yesterday
Terraced house
5 beds
1 bath
1087
EPC rating: D
Added yesterday

Key information

TenureFreehold
Council taxBand B
BroadbandUltra-fast 900Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Five bed licensed student HMO
  • Scope to add value and increase the rent
  • Let to students for 15 years
  • One minute from Oxford Road
  • Open plan living space with modern kitchen
  • Let for £1,925.00 pcm exc bills for 25/26

A strong HMO investment opportunity located within a high-demand rental area, ideally suited to investors seeking reliable income and long-term growth.

The current owner has let the property to students for in excess of 15 years. He has a combination of tenancy agreements and deposit certificates to prove at least the last ten years. The property has a valid HMO licence for 5 people. The vendor has recently renovated the kitchen and we believe that there is a huge scope for both rental increase, and the potential to increase the number of bedrooms subject to the usual permissions. The property is let until June 2026 but hasn't been advertised for the 2026/27 letting season in case the new owner wishes to put their own stamp of the property or make improvements. If however a purchaser was wanting to have the property let for the 2026/27 academic year, this can be discussed.

Situated in a popular location for students and young professionals, the property benefits from close proximity to universities, local amenities, and excellent transport links providing direct access to the city centre. The area continues to experience consistently high tenant demand, supporting strong occupancy levels.

The accommodation comprises five lettable rooms with shared communal facilities which includes a fantastic, modern kitchen with a breakfast bar, designed to offer practical, low-maintenance living. The ground floor comprises of two Bedrooms and the Kitchen/ Living room, the first floor has a further 3 Bedroom's and bathroom. Externally, the property benefits from a small outdoor space and on-street permit parking.

This is a proven HMO location offering an attractive addition to any investment portfolio. Early viewing is recommended.

Rent of £1,925.00 EXCLUDING all utility bills per calendar month.

REFERRAL ARRANGEMENT NOTE

Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargreaves Gilman, Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the broker named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £250 from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.

EPC rating: D. Tenure: Freehold, Planning permissions: There is an article 4 direction Mobile signal information: 4g & 5g

About this agent

Nicholas Humphreys - Manchester
Nicholas Humphreys - Manchester
323 Wilmslow Road Fallowfield, Manchester M14 6NW
0161 244 9646
Full profileProperty listings
Nicholas Humphreys Manchester specialises in student lettings and investment sales. The branch opened the doors to their brand new office right in the heart of Fallowfield on Wilmslow Road in July 2016, and is perfectly placed to give their clients properties the exposure they deserve. Dan Strain and Jonathan MacDonald are award winning franchisees, and also run the Nottingham office, which was the first ever franchised Nicholas Humphreys office. The pair work full time in the business, ensuring that the business provides the very best service to their clients. Manchester has two universities in the heart off the city, MMU and The University of Manchester. The University of Manchester is the largest single-site university with the biggest student population in the UK other than the Open University. Recently the university have planed the biggest investment in facilities undertaken by any university in the country with £750 million spent so far and a further £1 billon to follow by 2022. Manchester Metropolitan University (MMU) is the largest campus-based undergraduate university in the UK with a total student population of more than 37,000. Established in 1992, MMU are continuing to grow and grow each year recently opening a campus in Cheshire. The most popular areas for students are in the south of the city, namely Fallowfield, Withington and Rusholme. all providing great transport links to the city via bus, tram, train and the new bike lanes. Nicholas Humphreys provides the very best service to complement our portfolio of the best student properties available in Manchester. 
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