2 bed Terraced House For Auction

TO BE SOLD VIA ONLINE AUCTION ON OCTOBER 21ST -22ND UNLESS SOLD PRIOR UNDER AUCTION TERMS

47 Carmoor Road, Victoria Park, M13 0EA

A rare opportunity to acquire two self-contained one-bedroom flats, offering an attractive investment opportunity with two separate rental income streams. Each flat comprises a lounge, kitchen, bathroom and double bedroom, with the property also benefiting from front and rear yards.

Flat 1 is currently tenanted at £808 per calendar month, while Flat 2 is tenanted at £893 per calendar month, producing a combined rental income of £1,701 per month, equivalent to £20,412 per annum.

Similar one-bedroom properties in the surrounding area are achieving rental values in the region of £900 - £950 per calendar month per flat, highlighting potential for rental growth.

The property is situated in the popular Rusholme/Victoria Park area of Manchester, an established residential and rental location with strong links to Manchester city centre and The University of Manchester. The property is also well positioned for the amenities of Rusholme and Wilmslow Road, including the famous Curry Mile, which provides a wide variety of restaurants, takeaways, cafés and independent shops. The area is particularly popular with students and young professionals.