Off Stretford Road, Manchester, M16

6 bedroom Flat in Manchester

For Sale
Offers Over £450,000
Current Yield 6.2 %
Potential Yield 6.3 %
Property Reference: 211892971
  • Flat
  • 6 Bedrooms
  • 6 Bathrooms

Property Features

Property Features

  • 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)

Property Information

Full Details

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.

Helpful Information

Property Reference: 211892971

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £3,025
  • Potential Rent pcm: £3100
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: Moved in within the last 2 years
  • Tenants means of funding: Employment
Property Reference: 211892971
Property Reference: 211892971

Property Location

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Request DetailsOff Stretford Road, Manchester, M16

Offers Over £450,000

Make an offer
Off Stretford Road, Manchester, M16

Listing Price

Offers Over £450,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. 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. Terms and payment details will be provided upon verbal acceptance of your offer.