Investment for sale Manchester M41 5BF,0sq ft

1/4

Investment

Investment For Sale Manchester

PROPERTY ID: 137202

PROPERTY TYPE

Investment

STATUS

Available

SIZE

0 sq.ft

Key Features

Conversion of 8 apartments (5 x 1-bed, 3 studios) plus former ground floor clinic space with potential to convert to a 2-bed flat (STP)

Current rental income £51,816pa

ERV c£63,000pa (with conversion of clinic space and rental increase on Flat 5)

Current gross yield of 6.5% with reversion of 7.9%

Property Details

The Property Is Located On The South Side Of Flixton Road Within Close Proximity To Urmston Town Centre. All Shops, Bars, Restaurants And Transport Links Including Urmston Railway Station Are Within Easy Walking Distance. Urmston Is Situated Approx. 5 Miles South West Of Manchester City Centre. The Property Comprises A Three Storey Detached Period Property Of Brick Construction Beneath A Predominantly Pitched Slate Roof, Part Flat Roof. The Property Has Been Converted To 8 Apartments (5 X 1-bed, 3 Studios) And A Former Clinic Space Which Has Potential To Be Converted To A 2-bed Apartment (stp). In Addition, The Property Has Basement Storage. Externally, There Is Parking To The Front And Side Of The Property And Also A Small Section To The Rear. It Should Be Noted That The Canopy Area To The Rear Of The Property Has Rights Of Access Over It And Parking Rights For The Workshop Units.

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About the Agent

W T Gunson Chartered Surveyors

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Investment Unit

£800,000 Freehold

99 Flixton Road, Manchester, M41 5BF

Investment - Available
0 sq ft
0 sqm

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