Chain-free investment near universities with ready-made rental income potential.
Freehold Victorian terrace converted into two separate flats
Chain-free sale; immediate rental potential
Total size c.977 sq ft; two bedrooms, two bathrooms across units
Each flat council tax Band A; separate charges per unit
High flood risk — likely increased insurance and mitigation needed
Very small plot and private garden; limited expansion potential
Area classified as student neighbourhood; strong rental demand
Low local crime; fast broadband and excellent mobile signal
A rare freehold investment in Fallowfield presenting two self-contained flats within a converted Victorian terrace. The property is chain-free and approximately 977 sq ft in total, split into a ground-floor one-bedroom flat with private garden and cellar/utility room, and a first-floor one-bedroom flat with ensuite. Both units are council tax Band A and sit in a well-connected, high-demand student and rental neighbourhood.
This is tailored to investors seeking predictable rental income: the area benefits from strong broadband and mobile signal, excellent local amenities and easy bus links. Low local crime rates and proximity to large and selective schools add broader tenant appeal beyond students. The layout delivers immediate lettable units with separate services and clear division between flats.
Buyers should note material drawbacks: the location has a high flood risk and sits within a deprived area profile, and the plot and private garden are very small. The property has been converted already, so scope for large extensions is limited — any major alterations may require planning and flood-mitigation measures. These factors should be weighed into yield and insurance costs.
Overall this is a straightforward, chain-free buy for an investor seeking two ready-to-let units in a popular, commuter- and student-heavy pocket of Manchester. It suits a hands-on landlord or portfolio buyer comfortable managing standard urban risks and small-plot constraints.
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