3 bedroom terraced house for sale

Property number 53267. Enquire through OnTheMarket's messaging system and we'll respond within 5 minutes, 24/7

Property investment without the hassle:

— tenanted property with income from day one, no capital expenses required

— excellent long-term settled tenant, five years’ perfect track record

— no works required

— hands-off maintenance arrangement already in place to be continued if wanted

This is a rare chance to acquire a fully tenanted, freehold three-bedroom terraced house in Levenshulme, M19 — one of Manchester's fastest-appreciating residential neighbourhoods — with a valued long-term tenant already in situ and zero immediate maintenance liability. If we didn’t need to release the cash to buy our own place we absolutely wouldn’t be selling this place!

The Property

— A well-maintained three-bedroom terraced house comprising two double bedrooms and one single, arranged over two floors. Freehold (no lease complications, no service charges).

Recent works completed:

— New boiler installed within the last 9 months

— Professional roof inspection report and repair carried out in last month

These are typically the two highest-risk items for any buy-to-let investor. Both have been addressed. No immediate capital expenditure is required.

— We have an agreement with a local tradesman where the tenant gets in touch with him directly for smaller repairs & maintenance. No standing charges, super-quick and effective repairs. You can continue this or not as you wish.

— We manage this property from Italy by WhatsApp with no Letting Agent, no monthly fee and no hassle. Happy to take you through the whole process and set-up if required.

The Tenancy

— The current tenant has occupied the property for five years and the street for ten years, full unbroken payment history throughout.

— The property is well looked after. The tenant is settled, wishes to remain long-term, and is keen to negotiate staying on the street.

— Current rent is £1050pcm and the tenant has indicated willingness to discuss revised terms, which can be negotiated as part of the sale process.

— Across two properties on the street we have had literally zero void periods in nine years.

Why Levenshulme?

Levenshulme M19 is among the top three fastest-appreciating neighbourhoods in Manchester right now, with annual price growth of 4–5% recorded into early 2026 (Investropa/ONS). It is well connected — direct rail into Manchester Piccadilly, excellent bus links — and has seen sustained demand from young families and professionals priced out of Didsbury and Chorlton.

At city level, JLL forecasts Manchester house prices to rise 19.3% cumulatively between 2024 and 2028, the second strongest projection of any UK city. Rental values are projected to grow at 4% annually until 2028 Property Investments UK, with Manchester's average rental already up 11% year-on-year. The city's population has grown from 422,000 at the millennium to 600,000 today ( ... ), with demand consistently outpacing supply. This is a solid residential asset in an established, in-demand postcode — the kind of property that owner-occupiers and investors compete for.

Note

— This is only available until 30 April and only to investors taking on the property with the sitting tenant. After that date it will be removed from the market to prepare for sale to private residents later in the summer.

— The earliest completion date would be 1 October (to avoid Early Repayment Charges on our mortgage)

In Summary

— Income from Day One = £1050pcm minimum

— No capital outlay

— Lowest-possible maintenance property option

— 2nd strongest city for capital growth forecast

— Investor exclusivity until 30 April

— Completion October

Enquiries welcome and all information and paperwork available on request. Viewings by arrangement.