Full Property Description

A PRIME OPPORTUNITY to acquire a LONG-ESTABLISHED RESIDENTIAL INVESTMENT PROPERTY, consisting of SIX CONTEMPORARY APARTMENTS, set within an attractive period conversion, all currently let out and achieving a yearly rental of £55,140 representing a GROSS YIELD of 7.1%. The property is in a PRIME LOCATION, positioned on a highly popular residential road off edge lane within strolling distance of Chorlton village and the open space of Longford park. Offered for sale with NO ONWARD CHAIN. 2925 Sq.Ft


The development consists of two x one bedroom apartments and four studio apartments, which have all been renovated over the last two years, with each being fitted with modern kitchens and contemporary bathrooms.

Each of the apartments are currently let out, generating a monthly income of £4,595.

Ground Floor
Flat 1 – Studio Apartment - 323 sq.ft
Flat 1A – Studio Apartment - 323 sq.ft

Second Floor
Flat 2 – One bedroom apartment - 388 sq.ft (currently being renovated)
Flat 2A – Studio Apartment - 291 sq.ft

Third Floor
Flat 3 - One bedroom apartment - 344 sq.ft
Flat 3A – Studio apartment - 269 sq.ft

Externally the property benefits from unallocated parking to the rear of the property.

Freehold
Council Tax Bands: A
Approx.2925 Sq.Ft