Ladybarn Lane, Manchester, M14
Edward MellorEdward Mellor Auctions is a trusted property auction house with decades of experience in the North West. Specializing in residential and commercial property sales, they provide a fast, transparent, and efficient auction process for buyers and sellers.
Read more Read moreA freehold property comprising two self-contained two-bedroom apartments located on Ladybarn Lane in Fallowfield, Manchester. The property is offered with vacant possession and requires minimal cosmetic improvements before being reintroduced to the rental market. Each apartment features a living area with kitchen, two bedrooms, and a bathroom. Historically, the flats have achieved rental incomes of approximately £1,200 per calendar month per unit, with current market evidence suggesting potential rents of around £1,400 per calendar month, leading to a possible combined gross rental income of approximately £33,600 per annum when fully let. The property is situated in proximity to universities, hospitals, and Manchester City Centre, making it appealing to buy-to-let investors. The area is known for strong rental demand, low void periods, and resilient rental growth. The tenure is freehold.
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