Project Description

*Submit Pre-Auction Offer
Location
The subject property is located on the eastern side of Daisy Avenue in the popular district of Rusholme / Longsight.

The property is very close to the Manchester Royal Infirmary and  universities, therefore making this area particularly attractive to students and medical staff.

In the immediate vicinity there is a wealth of amenities ranging from small independent retailers to a large Asda Superstore. In addition there are various banks, bars, restaurants and also a police station.

The area is also serviced by regular buses into Manchester City Centre which lies just 2 miles northwest of the property. Here you will find a wider range of shops and services expected from a city of this size.

Description
The property is accessed via a small palisade and a front door leading to the spacious hallway. To the ground floor, there is a communal lounge with bay window to the front elevation, a double bedroom with bay to the side elevation and a large kitchen. The kitchen has a good range of base and eye level units, integrated stainless steel oven and hob, stainless steel sink with drainer and access to the cellar.

To the first floor, which is accessed via the hallway, there are a further three bedrooms and a family bathroom, comprising of a white three piece suite with shower over bath and electric shower. Bedroom five is located in the attic. All of the rooms benefit from individual  sink units.

There is on-site parking for two vehicles and unrestricted on street parking.

Accommodation
Total    136m2    1464ft2
Approx. gross internal floor area.

Accommodation
Front Lounge: 4.43m x 3.65m (max)
Bedroom One: 4.16m x 3.77m (max)
Kitchen: 4.99m x 3.68m
Bedroom Two: 3.65m x 3.31m
Bedroom Three: 3.81m x 3.35m
Bedroom Four: 5.00m x 3.61m
Attic Bedroom Five: 5.87m x 3.30m (max)

Services
We understand the property is connected to mains gas, electricity, water and drainage.

Tenure
The property is freehold

Investment Analysis
Following a basic program of improvements, it is envisaged that each room can be let for £85 per week (£22,100 pa). This represents a gross yield of 13.8% based on a purchase price of £159,950.

Council Tax
The property is rated in Council Tax Band B. Council Tax payable (2016/2017) is £1116.19 p.a.

*Guide Price
£159,950

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

9 Daisy Avenue
Manchester
M13 0LY

Features

✓ 4/5 Bedroom semi-detached
✓ Area of high demand for rental properties
✓ Close to the University and Hospital
✓ Requires modernisation
✓ Potential to add value
✓ Off Street Parking
✓ Potential £22,100 gross income if fully let
✓ Gross yield 13.8% if let as 5 bed HMO at £85pw
✓ Freehold

Contact

Matt Kirk
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR294

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