Freehold three-bed terraced investment — tenants in situ and strong rental yield..
Freehold three-bedroom mid-terrace near University and hospitals
Tenants in situ — immediate rental income and turnkey investment
Reported gross yield approx. 7.19% (buyer to verify)
Subject to Manchester selective licensing — compliance required
Dated internal finishes; likely need cosmetic and systems updates
Solid-brick construction with no confirmed insulation — upgrade recommended
Single bathroom and small plot; limited outside space
Located in a very deprived area — factor local market risks
A freehold, three-bedroom mid-terrace in M14 offering immediate rental income with tenants in situ. Located close to the University of Manchester, hospitals and strong transport links, the property suits investors seeking hands-off cashflow and capital-growth potential in a high-demand rental area.
Internally the house provides practical accommodation: reception room, kitchen, three bedrooms and a single bathroom across about 948 sq ft. The dwelling dates from c.1900–1929 with original solid-brick construction and period bay window; modest refurbishment would increase rental value and appeal to students or young professionals.
Key liabilities are clear and factual: the home sits in a very deprived area, is subject to Manchester City Council’s selective licensing scheme, and currently has dated interior finishes (mid-20th-century living room décor). Walls are solid brick with no confirmed insulation; upgrading thermal performance and modernising fittings would be advisable.
For an investor this is a turnkey purchase delivering a strong reported gross yield (circa 7.19%). Broadband and mobile signals are good and flood risk is low. Buyers should check the licensing obligations, tenancy terms, and factor in refurbishment and insulation costs when assessing total returns.
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