Offers over
£515,000
(£229/sq. ft)
Block of flats for sale
Hollinwood Avenue, Manchester M40Leasehold
4 receptions
2,250 sq. ft
EPC Rating: C
Key information
Tenure
Leasehold (Ask agent)
Service charge
£50 per year
Council tax band
Ground rent
Ground rent date of next review
About this property
Multi-Unit Property
Portfolio of 4 Residential Flats
3 Tenanted and 1 Vacant
Rear Garden Space
Driveway
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
A portfolio of 4 flats located in Manchester with 3 tenanted and 1 vacant. They are currently generating steady, rewarding rental returns for the current landlord. For investors looking for a rewarding investment, this is a brilliant opportunity!
Each property features 2 bedrooms, bathroom, modern lounge and kitchen. The multi-unit property also has a communal garden and driveway in a city centre location with close proximity to local amenities and fantastic local transport links throughout.
Investment Details
The properties currently produce an annual gross income of £24,600 which could be increased by the new owner to a market rate of £40,800 with 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
Listed by
Let Property