Summary - 200 200 Granville Road, Fallowfield, M14 M14 6AE
19 bed 9 bath Terraced
High-yield student apartments near universities, offered chain-free with immediate income.
Freehold Victorian terraces converted into eight self-contained flats
A substantial freehold investment comprising two four-storey Victorian terraces converted into eight self-contained flats, totalling approximately 4,295 sq ft. Currently producing £102,600 pa (8.9% gross yield) from 19 bedrooms and nine bathrooms, the block is let and offered with no onward chain.
The location sits in a cosmopolitan student neighbourhood with excellent access to Manchester city centre and nearby universities, delivering strong rental demand and immediate income. Externally there is gated parking for several cars and a communal garden; council tax band A keeps holding costs low.
The buildings are characterful Victorian stock with bay windows and traditional facades, suitable for investors targeting the student market or short-term conversion. Attention is required for ongoing management, periodic maintenance and possible upgrading of communal areas and individual flats to sustain rental levels and reduce voids.
This is best suited to experienced investors who can manage multiple tenancies and compliance responsibilities. The local area shows higher deprivation metrics, which supports rental yield but may limit near-term capital growth; refurbishment and professional asset management present clear upside.
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