For Sale
REF: DIS240107

£1,150,000

Moorfield Road, Didsbury, Greater Manchester, M20 2UZ

8 Bedrooms 8 Bathrooms Off Road Parking

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  • Description
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Key Features

  • Investment Opportunity
  • Freehold
  • Eight Individual Studio & One Bedroom Apartments
  • Fully Tenanted
  • 3527 Approx Total Sq Ft
  • 0.15 Acre Plot
  • Magnificent Victorian Coversion
  • Prestigious Cul-De-Sac

Full Property Description

This magnificent Victorian Cheshire interlocking semi-detached property has been converted into eight individual apartments, and offers accommodation over four floors, including a basement conversion.

The apartments are well-presented throughout and this property represents a blue chip investment.

Each of the apartments are currently let out on Assured shorthold tenancies, generating a combined yearly income of £68,220 representing a Yield of 5.9%

An internal inspection will reveal;

Ground floor
Apartment 1 (Studio) – achieving a rental income of £695 pcm
Apartment 2 (One bedroom duplex apartment) - achieving a rental income of £795 pcm
Apartment 3 (One bedroom duplex apartment) - achieving a rental income of £720 pcm

First Floor
Apartment 4 (One bedroom apartment) - achieving a rental income of £775pcm
Apartment 5 (Studio apartment) - achieving a rental income of £600 pcm

Second Floor
Apartment 6 (One bedroom apartment) - achieving a rental income of £675 pcm
Apartment 7 (One bedroom apartment) - achieving a rental income of £775pcm

Lower Ground Floor
Apartment 8 (One bedroom apartment accessed via a private entrance to the rear of the building) - achieving a rental income of £650 pcm.

Externally, the property is approached via a tarmac driveway which returns across the width of the frontage, providing off road parking. A pathway leading along the side of the property opens into the impressive shared gardens with a large expanse of lawn extending over 110ft. There is also a timber bike store.

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