Terraced house for sale in Pole Lane, Failsworth, Manchester M35
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Property features
- Excellent opportunity for investors
- Substantial mid terraced
- Five bedrooms
- Flexible accomodation
- Two reception rooms
- Modern throughout
- Utility room
- Three storeys
- Enclosed rear garden
- Off road parking
Property description
Pole Lane, Failsworth M35 9Pb
Yieldit are delighted to present an unmissable development opportunity for investors. This substantial and ideally situated property comes with planning permission in place for a single storey extension and approval to be turned into an 8-bedroom HMO, with market rate rents in this area on the region of £650pcm per room.
Spread across three storeys the property boasts original features and flexible accommodation throughout. The ground floor consisting of; entrance hallway; front reception room with bay window; spacious lounge to the back; large modern kitchen; utility room and access to the enclosed rear yard.. To the first floor are three bedrooms and the family bathroom, up a further set of stairs to the second floor is an additional two double bedrooms with fitted wardrobes. Off road parking is available to the rear of the property.
Pole Lane is an ideal residential location to invest and properties within the area are in high demand on both the rental and sales market. A few moments from the property you will find a Tesco superstore, Aldi, kfc and a selection of other shops and other necessary everyday amenities. Transport links are fantastic being just a 10-minute stroll to the Metrolink stop and well served by bus routes, which is ideal for those commuting into Manchester city centre which is just 4 miles away.
Greater Manchester consistently sits among the highest performing cities in Europe and its population is ever increasing meaning there is a continuous demand for good quality rental accommodation, making this property an excellent candidate for investment. The city attracts a high number of young professionals thanks to the lifestyle, employment opportunities and educational facilities that it has on offer. Savills predicts average property prices in the North West region will grow by 18.8% by 2026, so there hasn’t ever been a better time to invest. Enquire early to avoid disappointment.
Financial Breakdown
Gross Rent: £0.00
Net income: £-15.00
Gross yield: 0%
Net yield: -0.01%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07845
Property info
For more information about this property, please contact
Yieldit, M50 on +44 161 506 6169 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.