Offers over
£360,000
6 bed flat for saleManchester Street, Manchester M16
6 beds
6 baths
- Leasehold
Let Property
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About this property
Multi-Unit Property
Buy-to-Let Opportunity
Block of 3 Residential 2 Bedroom Flat
Lounge and Kitchen
Spacious Rooms
Likely to attract enquiries from Serious Investors & Developers.
Investment potential detailed below (Let Property Pack)
A Block of 3 Residential 2 Bedroom Flat each, located in Manchester with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.
For investors looking for a rewarding investment, this is a brilliant opportunity!
The properties feature lounges, modern kitchen, a bathroom, and fantastic local transport links throughout.
61 Pulse Development, Manchester Street, Off Stretford Road, Manchester, M16 9GZ
Fully furnished
Leasehold - 125 years from 01/01/2008
Rent £925 pcm
Annual Ground rent-£500
Annual Service charge-£2774
121 Pulse Development, Manchester Street, Off Stretford Road, Manchester, M16 9GZ
Fully Furnished
Leasehold - 125 years from 01/01/2008
Rent £1200 pcm
Annual Ground rent-£500
Annual Service charge-£2774
141Pulse Development, Manchester Street, Off Stretford Road, Manchester, M16 9GZ
Fully furnished
Leasehold - 125 years from 01/01/2008
Rent £900 pcm
Annual Ground rent-£500
Annual Service charge-£2774
Investment details
The properties currently produce an annual gross income of £36,300 which could be increased by the new owner to a market rate of £37,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
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More information
Tenure
Leasehold (Ask agent)
Service charge
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Ground rent
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